Senate Banking Committee Delays Crypto Bill Vote to 2026 Amid Partisan Disputes
Legislative gridlock has stalled progress on landmark cryptocurrency regulation. The Senate Banking Committee abruptly postponed its markup hearing, pushing a final vote on the contentious bill to 2026. Bipartisan negotiations collapsed over unresolved conflicts regarding ethics provisions and jurisdictional boundaries between regulators.
Chairman Tim Scott confirmed the delay while emphasizing the committee's commitment to establishing America as the global crypto hub. The proposed legislation seeks to clarify oversight roles for the SEC and CFTC, with the latter gaining primary authority over spot markets. Senator Mark Warner acknowledged fundamental disagreements persist, including unresolved drafting issues on key provisions.