Status of U.S. Senate crypto market bill as of January 22, 2026

As of January 22, 2026, U.S. lawmakers moved closer to a committee markup on a crypto market structure bill, though partisan divisions remain. Coinbase CEO Brian Armstrong withdrew support while a16z backed the text, and the Senate's schedule may slide toward late February. The House Agriculture Committee advanced its version 47 to 6, and the Senate draft includes protections for noncustodial developers and a definition for meme coins.