This timeline tracks the Senate-side legislative path of the CLARITY Act and related market-structure negotiations, showing a move from House passage and Senate referral into January 2026 markup efforts, postponement, parallel Agriculture Committee action, and continuing March 2026 deadlock.
This page covers the Senate-side sequence visible in the current repository. It includes both Senate Banking and Senate Agriculture materials where they directly affect the path of federal digital-asset market-structure legislation. It does not attempt to reconstruct every House action or every informal negotiation.
- Senate Banking's Digital Assets subcommittee holds a hearing titled
Exploring Bipartisan Legislative Frameworks for Digital Asset Market Structure.
- The official committee page preserves the hearing title, date, location, and a witness roster of Sarah Hammer, Greg Xethalis, Ryan VanGrack, and Rostin Behnam.
- The repo now also retains the direct committee PDFs for all four witness statements and the same-day market-structure principles PDF, which gives the repo a materially better Banking-side hearing record than it had before even though a transcript-quality hearing print was not located.
- Why it matters: this is the clearest official Senate Banking process anchor before the July discussion-draft and RFI rollout.
- Source basis: Senate Banking hearing on bipartisan legislative frameworks for digital asset market structure, Senate Banking market-structure hearing testimony packet, June 24, 2025
- Senate Banking circulates a second discussion draft after the July request-for-information period.
- Why it matters: the later draft makes the January 2026 markup push look like a revised committee product, not just a press-level initiative.
- Source basis: Senate Banking Committee Market Structure Discussion Draft 2
- Senate Banking Republicans publish "Myth vs. Fact" and "The Facts" pages defending the CLARITY Act.
- The same Senate Banking rollout also links four one-page fact sheets on everyday Americans, regulatory clarity, DeFi or software developers, and illicit finance.
- The repo now also retains the official committee
Myth vs. Fact: The CLARITY Act PDF in addition to the page capture.
- Reuters also reports senators unveiling long-awaited draft legislation and identifies stablecoin rewards as a major sticking point between banks and crypto firms.
- Why it matters: official messaging and outside reporting align on an active Senate push, and the repo now preserves a stronger Banking-side markup packet than before even though transcript-quality committee records are still missing.
- Source basis: Myth vs. Fact: The CLARITY Act — United States Committee on Banking, Housing, and Urban Affairs, The Facts: The CLARITY Act — United States Committee on Banking, Housing, and Urban Affairs, Senate Banking GENIUS and CLARITY markup documents, 2025-2026, FACT SHEET: The CLARITY Act Protects Everyday Americans, FACT SHEET: The CLARITY Act Delivers Regulatory Clarity for the Crypto Industry, FACT SHEET: The CLARITY Act Protects Software Developers While Promoting Responsible DeFi Innovation, FACT SHEET: The CLARITY Act Cracks Down on Illicit Finance, US senators introduce long-awaited bill to define crypto market rules
- The July 2025 Banking discussion draft and RFI show that Senate-side framework building began before the formal January 2026 markup push.
- Senate referral in September 2025 turns House passage into a Senate-process question.
- The January 2026 markup postponement is the clearest procedural break in momentum.
- Senate Agriculture's January activity shows the issue did not disappear after the Banking delay.
- White House intervention in February 2026 confirms that stakeholder conflict had become a broader political-management problem.
- H.R.3633 - 119th Congress (2025-2026): Digital Asset Market Clarity Act of 2025 — Congress.gov — Library of Congress
- Text - H.R.3633 - 119th Congress (2025-2026): Digital Asset Market Clarity Act of 2025 — Congress.gov — Library of Congress
- Senate Banking Committee Digital Asset Market Structure Legislation Discussion Draft
- Senate Banking Committee Market Structure Discussion Draft 2
- Senate Banking Committee Digital Asset Market Structure Request for Information
- Senate Banking Committee manager's amendment to digital asset market structure legislation
- Chairman Scott Releases Bipartisan Negotiated Market Structure Bill Text
- Chairman Scott Announces Digital Asset Market Structure Markup — United States Committee on Banking, Housing, and Urban Affairs
- Scott Statement on Market Structure Markup — United States Committee on Banking, Housing, and Urban Affairs
- Senate Banking executive session markup page, January 15, 2026
- Chairman Boozman’s updated market-structure legislation announcement, January 21, 2026
- Senate Agriculture Committee advancement announcement, January 29, 2026
- Digital Commodity Intermediaries Act
- Senate Agriculture business meeting on the Digital Commodity Intermediaries Act
- Bennet first-degree amendment 1
- Durbin first-degree amendment 2
- Klobuchar first-degree amendment 1
- Marshall first-degree amendment 1
- US senators introduce long-awaited bill to define crypto market rules
- White House meeting fails to resolve US crypto legislation stalemate
- Crypto bill hits new impasse, raising doubts over its future
- CLARITY Act: Stablecoin Yield Is 99% Resolved. A New Political Trade Just Complicated Everything Else. - FinTech Weekly
- Crypto CLARITY Act Senate-hearing coverage — CoinDesk
- The current corpus does not fully resolve how a Senate Banking product, the Agriculture Committee product, and the House bill would be merged.
- Secondary reporting conflicts on how close the stablecoin-yield compromise really was in March 2026.
- Transcript-quality Senate Banking committee records and a fuller Banking-side amendment or markup packet are still missing, even though the repo now has the official June 24 hearing page, the hearing testimony packet, the same-day principles PDF, the January 2026 negotiated-text release, the myth-vs-fact PDF, and the fact-sheet set.
¶ Source access and local retention
Atlas Trace retains research captures and provenance records locally. Public
originals, when available, appear in the Original links section below;
internal archive paths and restricted materials are not public links. See
Sources, access, and local retention.
- H.R.3633 - 119th Congress (2025-2026): Digital Asset Market Clarity Act of 2025 | Congress.gov | Library of Congress
- Text - H.R.3633 - 119th Congress (2025-2026): Digital Asset Market Clarity Act of 2025 | Congress.gov | Library of Congress
- Senate Banking Committee Digital Asset Market Structure Legislation Discussion Draft
- Senate Banking Committee Market Structure Discussion Draft 2
- Senate Banking Committee Digital Asset Market Structure Request for Information
- Senate Banking hearing on bipartisan legislative frameworks for digital asset market structure
- Senate Banking Committee manager's amendment to digital asset market structure legislation
- Chairman Scott Releases Bipartisan Negotiated Market Structure Bill Text
- Chairman Scott Announces Digital Asset Market Structure Markup | United States Committee on Banking, Housing, and Urban Affairs
- Scott Statement on Market Structure Markup | United States Committee on Banking, Housing, and Urban Affairs
- Myth vs. Fact: The CLARITY Act | United States Committee on Banking, Housing, and Urban Affairs
- Senate Banking GENIUS and CLARITY markup documents, 2025-2026
- The Facts: The CLARITY Act | United States Committee on Banking, Housing, and Urban Affairs
- Senate Banking executive session markup page, January 15, 2026
- FACT SHEET: The CLARITY Act Protects Everyday Americans
- FACT SHEET: The CLARITY Act Delivers Regulatory Clarity for the Crypto Industry
- FACT SHEET: The CLARITY Act Protects Software Developers While Promoting Responsible DeFi Innovation
- FACT SHEET: The CLARITY Act Cracks Down on Illicit Finance
- [2026-01-21] Chairman Boozman Unveils Updated Market Structure...
- [2026-01-29] Boozman Leads Ag Committee in Advancing Crypto Market...
- Digital Commodity Intermediaries Act
- Senate Agriculture business meeting on the Digital Commodity Intermediaries Act
- Bennet first-degree amendment 1
- Durbin first-degree amendment 2
- Klobuchar first-degree amendment 1
- Marshall first-degree amendment 1
- US senators introduce long-awaited bill to define crypto market rules
- White House meeting fails to resolve US crypto legislation stalemate
- Crypto bill hits new impasse, raising doubts over its future
- CLARITY Act: Stablecoin Yield Is 99% Resolved. A New Political Trade Just Complicated Everything Else. - FinTech Weekly
- Crypto Clarity Act inches toward Senate hearing as lawmakers weigh legislative trades X icon X icon