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U.S. senators have filed over 75 amendments ahead of this week’s crypto market structure legislation hearing, according to a document obtained by CoinDesk.
The amendments would tackle stablecoin yield, DeFi sections, government corruption, and software developer protections. Some proposals range from prohibiting stablecoin yields entirely to blocking public officials from profiting from crypto interests.
Senator Chris Van Hollen proposed an anti-corruption provision and an anti-touting requirement mandating disclosure of financial interests.
A Democratic aide said negotiations around ethics are still happening, with no agreement reached yet.
Senator Lisa Blunt Rochester raised concerns over quorum requirements, pointing to bipartisan issues at the SEC and CFTC, which are currently run solely by Republicans.
Amendments were filed by senators from both parties, including Elizabeth Warren, Raphael Warnock, Cynthia Lummis, Tim Scott, and others.
The proposed changes will be discussed in the Senate Banking Committee hearing, marking a key moment for U.S. crypto regulation.

U.S. senators have introduced more than 75 proposed amendments to major cryptocurrency bills just days before a critical hearing scheduled for this week, according to legislative documents.
The amendments span a wide range of issues—from an outright ban on stablecoin yields, to restrictions preventing government officials from profiting from crypto investments, as well as changes to how digital asset mixing services are classified. Proposals have been submitted by lawmakers from both major political parties.

Markup Session Set for Thursday
The Senate Banking Committee will meet on Thursday for a markup session, during which lawmakers will debate the proposed amendments, vote on whether to adopt or reject them, and then decide whether the main bill should advance. A similar session planned by the Senate Agriculture Committee has been postponed until late January.
The Banking Committee’s base text was released shortly before midnight on Monday. Since then, lawmakers and industry representatives have been closely scrutinizing the details.

Some Bipartisan Support, Especially on Stablecoins
Several amendments have drawn bipartisan backing. Senators Thom Tillis and Angela Alsobrooks jointly introduced three proposals, two of which focus on stablecoin rewards. One would remove the word “exclusively” from language stating that a digital asset service provider “may not pay any form of interest or yield (whether in cash, tokens, or other consideration) exclusively in connection with holding a payment stablecoin.”
Their other proposal would revise reporting requirements and introduce risk-disclosure obligations for yield payments. Additional amendments also target the stablecoin rewards section, with some seeking to eliminate yield payments entirely.
As is typical during congressional markup sessions, most proposed amendments are not expected to pass. Many may also be withdrawn following negotiations, meaning only a small subset is likely to make it into the final bill.

Ethics Concerns Remain Unresolved
It remains unclear whether lawmakers have resolved ethical concerns raised earlier by Democrats. Central to the dispute are questions surrounding President Donald Trump’s and his family’s ties to the cryptocurrency industry, which Democrats formally outlined in a document released last fall.
While Senator Ruben Gallego has reportedly been involved in negotiations over ethics provisions, none of the amendments attributed to him appear—based on their descriptions—to directly address those issues.
Senator Chris Van Hollen introduced a proposal calling for “anti-corruption provisions,” along with another amendment requiring disclosure of financial interests, labeled an “anti-propaganda requirement.”
A Democratic staffer said Tuesday evening that discussions on ethics are ongoing but that no agreement has yet been reached, describing ethics as “one of the few remaining points of contention” in the talks.

Disputes Over Regulator Appointments
Another flashpoint involves the composition of key regulatory bodies. Senator Lisa Blunt Rochester proposed amendments related to quorum requirements, reflecting Democratic concerns that President Trump has not appointed any Democrats to commissions that are legally intended to be bipartisan.
These concerns focus on the Securities and Exchange Commission and the Commodity Futures Trading Commission, both of which currently have only Republicans in leadership roles.

Who Submitted the Amendments
Democratic senators submitting amendments before Tuesday’s deadline include Gallego, Alsobrooks, Blunt Rochester, Jack Reed, Andy Kim, Raphael Warnock, Catherine Cortez Masto, Elizabeth Warren, and Van Hollen.
On the Republican side, proposals were submitted by Tillis, Mike Rounds, Bill Hagerty, Pete Ricketts, Katie Britt, John Kennedy, Cynthia Lummis, Kevin Cramer, and Tim Scott.
The coming days will determine which of the dozens of amendments survive and what the final shape will be of one of the most consequential crypto bills in years.

#CryptoRegulation , #USsenate , #Stablecoins , #SEC , #CFTC

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

A newly introduced U.S. Senate bill places stablecoin rewards at the heart of an escalating dispute between traditional banks and the crypto industry. The proposed legislation aims to establish clear and transparent rules for digital asset operations, particularly addressing how users may earn returns on their stablecoin holdings.

Senator Tim Scott Brings New Bill to the Table
According to well-placed sources, Senator Tim Scott – Chair of the Senate Banking Committee – has submitted a bipartisan draft of the bill, set for discussion on January 15. Known as the "Market Structure Bill," it is expected to spark heated debate and may proceed to a committee vote.
The draft clearly prohibits paying interest on merely holding stablecoins. However, it does allow platforms to issue rewards for users who engage in specific activities such as:
🔹 Payment processing

🔹 Staking

🔹 Providing liquidity

🔹 Offering collateral

Controversial Compromise: Coinbase Threatens Withdrawal
The compromise language was largely shaped by Democratic Senator Angela Alsobrooks, who proposed that exchanges like Coinbase may issue returns to users only when they perform certain actions—such as selling their stablecoins. Passive holding, however, would not qualify for any rewards.
Coinbase has warned that if lawmakers go beyond enhancing disclosure rules and begin tightening restrictions on loyalty or reward programs, the company may withdraw its support for the bill. Crypto companies argue that some banks are leveraging the legislation to suppress competition.

GENIUS Act Under Fire
Meanwhile, banking groups have criticized the GENIUS Act, passed in July 2025, for creating loopholes that allow platforms to offer interest-like returns without proper oversight. They argue this introduces new systemic liquidity risks.
The stablecoin regulation debate is emerging as a defining battle in the digital asset space—highlighting a growing clash between traditional finance and crypto innovators.

Wyden–Lummis Proposal Included
The bill also incorporates a bipartisan proposal from Senators Ron Wyden and Cynthia Lummis, both known for their balanced stance on crypto regulation. Their contribution could help shape a more moderate path forward—at least temporarily.

#Stablecoins , #CryptoRegulation , #USsenate , #DigitalAssets , #CryptoNews

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

A new digital assets bill was released in Washington on Monday evening, aiming to overhaul federal restrictions that have so far prevented Federal Reserve banks from offering any digital-asset services to either individuals or institutions.
The proposal, titled the Digital Asset Market Clarity Act, was introduced by Cynthia Lummis, a member of the Senate Banking Committee and one of the most vocal advocates for crypto legislation in Congress. Lawmakers backing cryptocurrencies are seeking to amend the Federal Reserve Act to prohibit central bank digital currencies (CBDCs) from being used for monetary policy purposes.
According to Eleanor Terrett, host of the Crypto In America podcast, the bill proposes changes that would directly affect the Federal Reserve System, including limitations that would prevent banks from offering certain products or services directly to consumers.

Senate Banking Committee Adds Ethical Provisions to the Bill
A 278-page draft shared by Terrett shows that the proposal includes two new ethical provisions under the jurisdiction of the Senate Banking Committee. These provisions address convictions for serious criminal offenses and insider trading.
Sections appearing on pages 72 and 270 were initially absent from the versions that first reached Capitol Hill. Their omission was due to the fact that ethical standards are typically handled by other congressional committees and were not expected to appear in related crypto legislation released elsewhere.

A Compromise Between DeFi and Traditional Finance
The bill also introduces a compromise between decentralized finance (DeFi) and traditional financial interests, outlined in Section 601. This section is widely known as the Blockchain Regulatory Certainty Act (BRCA) and focuses on protecting software developers.
Sources familiar with the negotiations said the agreement was reached earlier this week following a series of tense private meetings held the previous week. Banking institutions and opponents of the Clarity Act, including securities industry trade groups such as SIFMA, had warned that DeFi protocols contain regulatory “gaps” that could give them an unfair advantage over traditional financial firms.
Senator Lummis wrote on X that after months of intensive work, a bipartisan text is now ready for a vote scheduled for Thursday. She urged her Democratic colleagues not to abandon the progress made, arguing that the legislation would provide the clarity needed to keep innovation in the United States while strengthening consumer protection.

The Bill Defines “Ancillary Assets” and Early-Stage Tokens
One of the bill’s central features is the introduction of “ancillary assets” and early-stage tokens. This classification applies to digital tokens issued during early fundraising phases on blockchains that later evolve into full network tokens.
While the proposal states that these assets are not securities on secondary markets, ancillary assets would be treated as “covered securities” for the purposes of federal preemption. Issuers and related parties would still be required to provide detailed disclosures during initial transactions.
Under the framework, the Securities and Exchange Commission (SEC) would require disclosures related to token offerings, governance rights, technical capabilities, and individuals associated with the token. The stated objectives are to protect investors, support capital formation, and maintain fair and orderly markets. The SEC would also oversee the listing of “privatized” tokens and police insider trading.
Section 103 expands this framework further by granting the SEC authority to create exemptions and tailored rules for transactions involving ancillary assets. Tokens sold under the new crypto regulatory regime could qualify for exemptions that override state securities laws, though the SEC would retain discretion over which transactions qualify and under what conditions.

BRCA Provides Legal Protection for Blockchain Developers
Title VI of the bill, which effectively codifies the Blockchain Regulatory Certainty Act, states that a non-controlling developer or provider of distributed ledger services shall not be considered a money-transmitting business.
This protection does not apply to developers who retain operational control over a network or protocol.
Section 602 further clarifies that the offer or sale of NFTs will not be treated as the offer or sale of a security unless all elements of an investment contract are met. NFTs may be used as collectibles, access credentials, or membership rights, and according to the Banking Committee, they do not become securities solely because their value may increase.

New Digital Assets Advisory Committee and Expanded Funding for FinCEN
The legislation also establishes a Joint Advisory Committee on Digital Assets, requiring federal agencies to formalize their cooperation through a Memorandum of Understanding.
In addition, the bill authorizes a significant increase in funding for FinCEN. From fiscal year 2026 through 2030, the agency would receive $30 million annually, along with authorization for recruitment incentives of up to 20% to attract qualified personnel.

#CBDC , #CryptoRegulation , #DigitalAssets , #USsenate , #defi

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The Senate recently unveiled the Digital Asset Market Clarity Act, a bipartisan effort aimed at defining how digital assets are treated in the United States. It caught my attention for the clarity it brings to a space that often feels uncertain, where builders and users navigate complex and shifting regulations. The draft attempts to draw lines between digital commodities and ancillary assets, offering clearer guidance on the roles of the SEC and CFTC.
A notable feature of the proposal is its exemption for major tokens like Bitcoin, Ethereum, and Solana from additional filings, provided they are listed in exchange-traded products by January 1, 2026. This approach seems designed to reduce friction for established cryptocurrencies while still allowing regulators to focus on emerging or high-risk assets. It also acknowledges the growing importance of DeFi protocols and self-custody solutions, offering protections for individuals managing their own wallets.
The draft further allows banks to custody and stake digital assets, with certain safeguards in place. This provision highlights the increasing institutional interest in blockchain technology, bridging traditional finance with decentralized systems. At the same time, the bill bans passive stablecoin interest to protect bank deposits, reflecting a careful balancing act between innovation and financial safety. It is interesting to observe how policymakers are trying to navigate these competing priorities while keeping the ecosystem open for experimentation.
Reactions to the draft show the challenges of achieving consensus. Senator Cynthia Lummis emphasized the thousands of hours of bipartisan work, underscoring a commitment to thoughtful regulation. Yet some lawmakers, including Senator Elizabeth Warren, expressed concern that oversight might be weakened, highlighting ongoing debates about how to maintain investor protection without stifling innovation. The bill is now heading to a markup session Thursday, with calls for additional review and careful consideration.
Overall, the draft feels like a measured attempt to provide structure without overreach. For participants in the crypto ecosystem, it signals a moment of recognition that digital assets are becoming an integral part of financial markets. Observing the conversation around this legislation reinforces the sense that regulation, when approached thoughtfully, can coexist with growth and experimentation. It is a reminder that patience and attentiveness are key in understanding the long-term evolution of the space.

#DigitalAssets #USsenate #CPIWatch #CryptoNews #volatility
$NOT $WOO $DCR

$TRUMP $BTC
The U.S. Senate has taken a major step toward clear crypto rules 🇺🇸⚖️
This move could finally bring regulatory clarity to digital assets—defining who regulates what, strengthening consumer protection, and opening the door for institutional confidence.
🔹 Why this matters:
• Clear rules = less uncertainty for investors
• Boost for innovation & blockchain adoption
• Big impact on $BTC Bitcoin, Ethereum & the wider crypto market
📈 Markets are watching closely. If passed, this could mark a turning point for crypto in the U.S.
👉 Are we entering a new era of mainstream crypto adoption?
#DigitalAssets 🚀

Key Catalyst: XRP has broken to the upside holding above key psychological levels —after the U.S. Senate Banking Committee scheduled a January 15 markup vote on the Market Structure Bill a significant regulatory package that would clarify exchange and market rules for digital assets This regulatory momentum shifted flows into XRP‑related ETFs outperforming Bitcoin and Ethereum in the very short term

📉 BTC & ETH Vulnerability
At the same time, broader risk‑off sentiment and weak ETF demand dragged Bitcoin and Ethereum markets lower, with BTC down ~4% and ETH off ~9% over the recent 12‑hour stretch as traders reassessed macro and ETF dynamics

📊 Market Impact Explained

1) Regulatory Catalysts Can Trigger Rotation:
A formal Senate markup signals that the U.S. government is making tangible progress on crypto market regulation — especially the market structure framework that would impact listings, custody, and ETF eligibility XRP already sensitive to regulatory clarity is reacting strongly

2) Altcoin Leadership Emerging:
While Bitcoin and Ethereum remain the dominant market anchors $XRP recent price strength says capital is rotating toward assets perceived to benefit most from legislative clarity. Such rotation can seed broader altcoin rallies or at least short‑term divergence

3) Macro & Risk Sentiment Still Pressuring Crypto
Weak risk sentiment, tied to recent macro prints and a stronger dollar, continues to weigh especially on BTC and ETH (the market’s liquidity magnets). If macro data (e.g., US CPI/PPI) disappoints or keeps a hawkish narrative alive, this pressure could persist

4) ETF Flow Dynamics Remain Mixed:
This regulatory progress may attract policy‑related speculative capital into ETFs tied to XRP or similar assets, but broader spot BTC/ETH ETF flows remain cautious. Divergent ETF behavior often signals bifurcated market leadership

👉 Bottom line A collective regulatory push in the U.S. is now actively shaping price dynamics — but with XRP and certain altcoins benefiting disproportionately while traditional leaders struggle under macro pressures
⚠️ DISCLAIMER
This information is for educational and informational purposes and not investment advice. Crypto markets are volatile. Verify with primary sources before making financial decisions
#Xrp🔥🔥 #USsenate #etf #USNonFarmPayrollReport