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The bill remains stalled by partisan divisions and unresolved issues that will need to be addressed in the Senate Banking Committee to keep the legislation on track.
The Senate Agriculture Committee advanced crypto market structure legislation on Thursday following a contentious markup, moving the bill to its next phase in Congress.
JUST IN: ๐บ๐ธ The Senate Agriculture Committee has approved the crypto market structure bill. pic.twitter.com/ueC7IlsFXG
โ Crypto Briefing (@Crypto_Briefing) January 29, 2026
Senator Cynthia Lummis called the milestoneย a meaningful step toward sending the bill to the presidentโs desk, saying she looks forward to continued bipartisan work to position the US as the global hub for digital assets.
Great to see digital asset market structure pass @SenateAgGOP. We are one step closer to getting this legislation to @POTUSโ desk, and I look forward to continuing to work closely with my colleagues across the aisle to make America the digital asset capital of the world.
โ Senator Cynthia Lummis (@SenLummis) January 29, 2026
While the vote marks progress after years of industry lobbying, the bill still lacks sufficient Democratic backing. It must also clear the Senate Banking Committee before reaching a full Senate vote.
This is a developing story.
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