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The US Senate Banking Committee has also suspended the long-awaited cryptocurrency market reform that would create a regulatory framework for the digital economy.
Sources were cited His name was not disclosed to Bloomberg that the rules to create a digital currency market could be delayed for several weeks. Sources added that the committee is expected to consider it by the end of February or March.
Instead of focusing on the digital content bill, the committee will turn to house rules, after … President Donald Trump’s latest push for affordability .
President Trump tweeted that he was “acting quickly” on the housing bill, which was very important and “the American dream.”
The cryptocurrency community is not happy about this
The committee’s suspension of the cryptocurrency bill has left the community in limbo, even as supporters are pushing for the bill to be passed quickly.
Mr. Patrick Witt, director of the White House Cryptocurrency Council, requested that the bill be implemented as soon as possible. He said it is unreasonable to expect a multi-billion dollar business to operate without a proper management plan.
Work on the cryptocurrency bill – known as the Clarity Act – has stalled after Coinbase CEO Brian Armstrong publicly withdrew his support for the bill. Armstrong pointed out several problems with the bill, including a ban on popular products.
However, Bloomberg reports that the Banking Committee’s delay will not affect the Senate Agriculture Committee’s efforts on cryptocurrencies.
The Agriculture Committee has also passed its own version of the market-making bill, which industry insiders fear will be a tax hike that lacks Democratic support.
“Despite the differences in fundamental principles, this legislation is based on our bipartisan discussions, taking into account the views of the people involved, and is the result of many months of work,” said the Chairman of the committee John Boozman. Boozman has postponed discussion of the legislation until the end of January.
The Agriculture Committee’s cryptocurrency-related bill needs support from Democrats and its Banking Committee counterpart before moving forward with other measures.
“I hope to sign soon.” Donald Trump
President Trump confirmed that the cryptocurrency market reform bill will be signed “soon.”
In his speech at the World Economic Forum in Davos 2026, he said that his administration is working to ensure that America remains the center of cryptocurrency in the world.
DAVOS
2026:
President Trump says he hopes to sign crypto market legislation soon, “opening up new avenues for the American people to achieve financial freedom,” including. #Bitcoin. pic.twitter.com/l1ZkTGX7xl
– Bitcoin.com News (@BitcoinNews) January 21, 2026
“Last year, I signed the historic GENIUS Act, and now Congress is working hard to establish a cryptocurrency market…Bitcoin, all of it,” Davos said.
“I look forward to signing it soon, opening up the American people to economic freedom.”
A note Report: The bill that would regulate the cryptocurrency market in the United States has been delayed until the end of February or March appeared for the first time Cryptonews Arabic.
