With Congress in recess until the new year, the US Senate Banking Committee is expected to consider a digital asset market structure bill in early 2026. The Responsible Financial Innovation Act could see progress in the second week of January, aiming to give the CFTC more authority in regulating digital assets.

Cody Carbone of The Digital Chamber expects a markup on pending market structure legislation in the Senate in January. The bill, similar to the CLARITY Act, aims to enhance collaboration between the CFTC and SEC in regulating cryptocurrencies. However, support for the bill in the Senate remains uncertain due to potential political obstacles.

Wyoming Senator Cynthia Lummis, a vocal supporter of the market structure bill, announced she will not seek reelection in 2026. Despite her decision, Lummis continues to advocate for the bill, emphasizing the importance of its passage. The bill’s fate in the Senate may be affected by political factors, including the upcoming midterm elections.

Read more at Cointelegraph: US Lawmakers Expected to Address Market Structure Markup in January