2026-01-07 16:32:24

U.S. Senate Banking Committee Chair Tim Scott is moving to force a markup vote on a major crypto market-structure bill scheduled for January 15th. The legislation mirrors the House's approach, aiming to redistribute regulatory oversight between the SEC and CFTC based on asset classification standards. However, the bill faces mounting internal resistance. Key sticking points include how DeFi protocols should be regulated, the proper classification and oversight of stablecoins, and ongoing ethical concerns about market structure. Whether this markup will ultimately lead to floor passage remains uncertain, with divisions within the committee threatening to derail momentum on what could be a landmark framework for crypto market governance.

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SybilAttackVictim

· 9h ago

Is Tim Scott trying to push it through forcibly? The DeFi and stablecoin sectors will definitely still face battles.

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MemeEchoer

· 01-08 13:12

Here we go again, DeFi and stablecoins are still fighting each other.

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CrossChainMessenger

· 01-07 17:01

Here we go again, DeFi regulation is still not clear, and stablecoins are stuck again. It's really a Russian nesting doll-style mess.

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MetaNeighbor

· 01-07 17:01

Another big Bitcoin. The disagreement between DeFi and stablecoins is really a tough nut to crack.

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StablecoinGuardian

· 01-07 17:00

It's the same old tune from the SEC and CFTC; they haven't figured out how to regulate DeFi yet. --- Regarding stablecoin classification, I think we're going to argue about it for a long time. --- Will it pass on January 15? I'm skeptical; the committee is too divided. --- If this bill really gets pushed through, stablecoins will have a future. --- Another round of regulatory drama, but it's better than no regulation at all. --- The market governance framework sounds good, but I'm afraid it will end up just talk on paper. --- DeFi will definitely be a point of contention again; no one can clarify it. --- The internal disagreements are so big that the floor passage is hanging in the balance. --- Regulation of stablecoins is the most critical; everything else is just superficial.

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SandwichVictim

· 01-07 17:00

What is Tim Scott up to now? This time he's trying to divide the power between DeFi and stablecoins... Haven't the SEC and CFTC finished their fight yet?

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TaxEvader