Senate Agriculture Committee to unveil crypto market-structure text on January 21

The U.S. Senate Committee on Agriculture, Nutrition, and Forestry plans to publish new crypto market‑structure legislative text on January 21, following a January 13 announcement and ahead of a January 27 markup. The draft addresses issues such as whether memecoins qualify as "digital goods," token classification, and CFTC oversight funding, while Coinbase's Brian Armstrong has criticized earlier Banking Committee drafts as having "serious issues."