Senate Democrats Resume CLARITY Act Talks, Hold Friday Call After Vote Delay

Senate Democrats resumed negotiations on the CLARITY Act market structure bill on Jan. 17, holding a Friday call with crypto industry representatives, BlockBeats reports citing people familiar. The discussion came after the chamber's first vote on the bill was suddenly postponed earlier in the week; the Senate Agriculture Committee still aims to hold a markup by the end of the month. Coinbase said it cannot support the current version. Senate Banking Committee Chair Tim Scott has not set a new markup date, while the Agriculture Committee plans a session on Jan. 27; if both committees pass their respective versions, they would be combined into a single bill for a full Senate vote.