Which committee delayed crypto market bill?

TLDR

The U.S. Senate Banking Committee delayed the crypto market structure bill.

1. The committee pushed its markup to early 2026, extending the timeline for comprehensive rules on digital asset markets per a committee update reported by a crypto outlet. Details.
2. The Senate Agriculture Committee also has no markup scheduled, reducing near?term odds of movement on a unified framework. Context.

Deep Dive

1. Banking Committee Markup

The Senate Banking Committee postponed its markup of the crypto market structure bill to early 2026. This means no committee vote in 2025 and negotiations continue into next year, according to reports summarizing the committees position. The change preserves bipartisan talks but pauses legislative progress on market structure until after the holiday recess. Report.

A separate roundup noted the delay stems from unresolved issues and limited calendar time, with budget deadlines crowding the schedule and pushing the topic behind higher priorities. Overview.

2. Why It Matters

The bill aims to clarify who oversees what, especially the SEC versus the CFTC, and how to treat DeFi and spot markets. The postponement extends uncertainty for exchanges, custodians, and token issuers operating without a comprehensive federal framework. Explanation.

In parallel, the Senate Agriculture Committee has not scheduled its own markup, making a coordinated path to a reconciled Senate package less likely in the near term. Context.

Conclusion

It was the Senate Banking Committee that delayed the crypto market structure bill, pushing the markup to early 2026. With Agriculture also unscheduled, comprehensive U.S. market rules remain on hold, and clarity on SEC versus CFTC roles will likely come only after committees return to markup next year.