The legislation for the U.S. cryptocurrency market has been postponed until 2026, as the Senate Banking Committee will not be able to complete its review this year

According to Cointelegraph, the U.S. Senate Banking Committee has confirmed that it will not be able to complete the markup process for cryptocurrency market structure legislation by 2025, and related hearings will be postponed until early 2026.

As the final legislative week of 2025 approaches, members of both the House and Senate will begin to return home for the holidays this Wednesday, causing the legislative process to be forced to pause. It is reported that the committee has been working on a bipartisan consensus version of the bill text for the past two months, and it is currently uncertain whether the latest draft will be released before the recess. Meanwhile, the Senate Agriculture Committee has also not scheduled a review date for its related text, further extending the timeline for the Senate leadership's original plan to complete the legislative process within the year. This delay will leave the cryptocurrency industry operating under regulatory uncertainty for at least several more months.