The coming week will determine if the Senate can bridge the gaps to make regulatory clarity a reality
The Digital Asset Market Clarity Act is moving toward a pivotal Senate vote next week, according to US Senator Tim Scott. According to Breitbart News, Scott confirmed that a markup for the landmark crypto market structure bill is scheduled for tomorrow. This progress follows months of drafting and internal negotiations aimed at establishing a comprehensive federal framework for digital assets.
The bill, which passed the House of Representatives in July 2025, seeks to resolve years of jurisdictional disputes between the SEC and the CFTC. White House crypto czar David Sacks has also voiced support for the January timeline, suggesting the administration is eager to finalize the rules. If the Senate approves the bill without changes, it would head straight to President Trump’s desk for his final signature.
Despite the forward momentum, some industry figures remain divided over the current draft. Analysts at Galaxy Digital have noted that bipartisan agreement is not yet guaranteed, as several sticking points remain regarding illicit finance and decentralized finance (DeFi) regulations. Democrats are reportedly pushing for stricter sanctions compliance for DeFi interfaces to prevent illegal transactions.
The urgency to pass the legislation has grown following recent market volatility. Financial experts at CoinShares suggested that regulatory uncertainty contributed to nearly $1 billion in outflows from crypto products late last year. Passing the act would provide a structured pathway for exchanges and custodians to operate legally within the U.S. instead of navigating a “regulation-by-enforcement” environment.
Senator Scott emphasized that the goal is to cement the US as a global leader in financial innovation. By clearly defining which tokens are commodities and which are securities, lawmakers hope to keep American talent and jobs from moving offshore.
