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Tim Scott Confirms Senate Vote on Digital Asset Market Clarity Act

Key Takeaways

  • The Digital Asset Market Clarity Act, aimed at clarifying US crypto rules, heads to the Senate for review on January 15;
  • The House passed the bill in July 2025; Senate approval would send it to President Trump for final consideration;
  • Lawmakers and crypto leaders remain divided on the bill’s impact, with concerns about regulation and bipartisan support.

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Tim Scott Confirms Senate Vote on Digital Asset Market Clarity Act

The Digital Asset Market Clarity Act, a proposal aimed at bringing clearer rules to the US cryptocurrency industry, is expected to move to the Senate for review on January 15, according to Senator Tim Scott.

Speaking with Breitbart News, Scott said, "Next Thursday, we’ll have a vote on market structure. It’s important for us to get on the record and vote".

He added that his team had spent more than six months refining multiple versions of the bill for all committee members to examine.

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The proposal already passed the House of Representatives in July 2025. If the Senate approves it without making changes, it will move to President Donald Trump for final consideration.

Since its introduction in the House in May 2025, the bill has sparked debate among crypto executives and policymakers. As the Senate prepares to review it, the industry remains split on how it might affect innovation and regulation.

Gabriel Shapiro, a crypto lawyer and founder of MetaLeX, said the country is "probably going to get a crypto market structure bill". He mentioned that while some concerns about illegal financial activity remain, lawmakers might still reach an agreement.

Meanwhile, Alex Thorn, head of research at Galaxy Digital, wrote on X that after looking over a document from a bipartisan Senate meeting held January 6, “it is unclear if the two sides can come together and make that bipartisan, as plenty of issues are still outstanding".

Recently, the Community Bankers Council of the American Bankers Association (ABA) urged Congress to amend the GENIUS Act. What did they say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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