《Cryptocurrency Market Structure Bill》 Legislative Update: Increased Likelihood of Bipartisan Support, Unresolved Issues Regarding DeFi and Stablecoin Yield

On January 7, crypto journalist Eleanor Terrett shared updates on the U.S. Crypto Market Structure Act (CLARITY Act): the Senate Banking Committee has formally scheduled a hearing for Thursday, January 15, 2026, to discuss the legislation, with members and their staff racing to reach bipartisan consensus on outstanding issues. This past Tuesday, a meeting in Senate Banking Committee Chairman Tim Scott’s office centered on key topics: crypto-related public official ethics, stablecoin yields, bipartisan representation in crypto regulatory bodies, and several DeFi-specific provisions. Thirteen pro-crypto senators attended the three-hour session. While it’s unclear how many issues were resolved, both Republican and Democratic senators expressed optimism the bill could secure bipartisan support. As senators negotiate internally, the crypto industry is ramping up lobbying efforts this week to weigh in on remaining unresolved matters. On Thursday, the Digital Chamber of Commerce will host a lobbying event on Capitol Hill, with over 40 members heading to the Senate for advocacy. The event kicks off at 10 a.m., featuring speakers including White House Crypto Council Executive Director Patrick Wiet and Wyoming Republican Senator Cynthia Lummis. Representatives from firms like Unicoin, Anchorage Digital, eToro, Coinflip, Input Output Group, Arca, Bitdeer, Binance.US, Crypto.com, VanEck, Hedera, Mara, and Helium are expected to participate. Additionally, some industry leaders will hold private meetings with senators this week to discuss lingering DeFi and stablecoin yield issues.