The Senate Banking Committee advanced the Digital Asset Market Clarity Act in a bipartisan 15–9 vote Thursday, with Sens. Ruben Gallego and Angela Alsobrooks joining Republicans to move the sweeping crypto market structure bill forward.
The Senate crypto bill faces a high-stakes markup this Thursday as lawmakers debate 100+ amendments that could determine the future of U.S. digital asset regulation.
The Senate’s crypto market structure bill is likely to be pushed back for weeks after Coinbase withdrew its support, prompting the Banking Committee to shelve the legislation and pivot to housing priorities.