American politics has once again caused uncertainty within the crypto market. There has been speculation for weeks about an important step towards clear regulations, but that appears to be out of sight for the time being. According to several people involved, the delay could have serious consequences for the position of the United States within the global crypto sector.
No vote on crypto law in 2025
The Senate Banking Committee has decided not to hold a vote on the so-called crypto market structure legislation in 2025. This means that the process will be postponed to early 2026. A spokesperson for committee chairman Tim Scott confirmed this.
According to the committee, negotiations are still ongoing with Democratic senators to arrive at a broadly supported bill. “Chairman Scott has been in good-faith discussions for some time to deliver a strong proposal that provides clarity to the crypto industry and positions the United States as the crypto capital of the world,” the spokesperson said.
Companies are waiting for clear rules
The law must determine how regulators deal with crypto. The intention is that the Commodity Futures Trading Commission (CFTC) will be responsible for the supervision of spot markets, while the SEC will focus more on enforcement of securities.
This clear division of tasks should put an end to the current uncertainty, in which companies often do not know which rules they fall under. In practice, this leads to legal conflicts, reluctance among investors and the departure of crypto companies abroad.
With fixed rules, policymakers hope to stimulate innovation, better protect consumers and make the US more attractive as a location for crypto companies.
Criticism of Senate delay
Meanwhile, dissatisfaction is growing within the sector. Crypto investor and researcher Paul Barron is critical of the state of affairs. “The crypto market structure legislation has stalled in the Senate during the consideration phase.” “There could also be further delays at the beginning of 2026,” he says. According to Barron, there is a high risk that political interests will block the law again.
Those concerns are understandable. The American midterm elections will take place in 2026. All seats in the House of Representatives and 33 Senate seats are then at stake. In election years, politically charged files are often postponed, which can further delay the process.
In addition, Congress must first consider the federal budget early next year. The current financing law expires on January 30. As a result, crypto threatens to end up at the bottom of the priority list again.
Source: https://newsbit.nl/cryptomarkt-teleurgesteld-nieuwe-amerikaanse-wetgeving-uitgesteld-tot-2026/
