CryptoTale News

Ripple persegue le licenze MiCA e CASP per allinearsi pienamente agli standard regolamentari europei sulle criptovalute.

L'azienda detiene ora più di 75 licenze, che coprono gli Stati Uniti, l'UE, l'Asia e il Medio Oriente.

Ripple persegue lo status MiCA e CASP nell'ambito di un'impegno globale per servizi crittografici con licenza.

Ripple ha ottenuto l'approvazione preliminare per una licenza di Istituzione di Moneta Elettronica in Lussemburgo. Questo rappresenta un passo fondamentale nel suo piano per espandere i pagamenti blockchain regolamentati in tutta Europa. La decisione è stata presa dalla Commission de Surveillance du Secteur Financier, che ha rilasciato un'autorizzazione iniziale che avvicina l'azienda al servizio delle istituzioni finanziarie in tutta l'Unione Europea secondo un unico quadro normativo.

KB Kookmin Card patents stablecoin payments that link cards with blockchain wallets.

Stablecoins pay first from the wallet, then the system charges the remaining amount to the card.

South Korea’s stablecoin rules advance as banks debate issuance and pilots expand.

KB Kookmin Card, a unit of South Korea’s largest financial group, has filed a patent for a stablecoin-based payment technology. The application describes a hybrid system that connects existing credit cards with blockchain wallets. The company said the design could let customers spend stablecoins while still using familiar card infrastructure. 

According to the report, the patent covers a method that links a user’s credit card to a blockchain wallet address. After the wallet is registered, the card could be used alongside stablecoins held inside that wallet. The process is designed to work within the current payment flow. KB said it wants digital asset payments to feel like standard card payments.

Stablecoin-First Payments With Card Backup

Under the proposed system, stablecoin balances in the wallet would be used first when a purchase is made. If the wallet does not hold enough stablecoins, the remaining amount would be charged to the credit card. This automatic switching is central to the patent structure. 

KB said the system is meant to reduce friction for stablecoin use. It also keeps the existing card benefits in place, including rewards programs and protections tied to credit card payments. The company said it expects this approach to help stablecoins expand beyond niche crypto platforms. 

A KB Card executive said the patent creates a technical foundation for safer and easier digital asset payments. The executive added that future use of the technology would depend on regulatory and market conditions. KB also said consumer protection would remain a priority. 

The patent arrives during active policy work on stablecoins in South Korea. Under President Lee Jae Myung’s policy push, the country is preparing a regulatory framework called the Digital Asset Basic Act. The plan is expected to support a local won-pegged stablecoin market. 

In June, KB Kookmin Bank was among the first entities to file applications for stablecoin-related trademarks. The move followed growing public signals from regulators and lawmakers in support of won stablecoin initiative. The filings indicated early positioning by major institutions. 

South Korea’s Stablecoin Rules

The regulatory debate has centered on which entities would be allowed to issue stablecoins. Reports said the Bank of Korea and the Financial Services Commission agreed that issuance would likely be led by a consortium of licensed banks. Supporters see this as a way to control risk and ensure compliance. 

Related: KakaoBank Advances Plans for a KRW-Backed Stablecoin

Lawmakers from the ruling party reportedly criticized a structure that concentrates issuance among banks. They argued that restricting issuers could prevent newer firms from building payment products. This dispute reflects wider tension between stability and open competition. 

The Digital Asset Basic Act is expected to be finalized in the first quarter of this year. The framework is designed to clarify rules across the digital asset sector. Stablecoins are a central focus because they are viewed as payment tools rather than only trading assets. 

In December, South Korean payments company BC Card concluded a pilot program on stablecoin payments. The test focused on how foreign consumers could pay South Korean merchants using stablecoins. The goal was to assess practical integration and transaction stability. 

BC Card said the pilot involved blockchain financial firm Wavebridge, wallet provider Aaron Group, and remittance company Global Money Express. The participants tested workflows that fit into existing merchant processes. The pilot also used BC Card’s current approval and settlement system. That allowed payments to be completed in the same manner as standard card transactions.

Stablecoin-based payments are also being explored through cross-border products. In July, Bangkok Bank and South Korea’s BC Card partnered on QR payments between Thailand and South Korea. Users of the Paybooc app can make QR payments in Thailand, with transactions processed using real-time exchange rates. 

The post South Korea’s KB Card Seeks Patent For Stablecoin Credit Card appeared first on Cryptotale.

The post South Korea’s KB Card Seeks Patent For Stablecoin Credit Card appeared first on Cryptotale.

Il co-fondatore di Ethereum afferma che gli aggiornamenti di scalabilità rendono attuale oggi la visione originale del Web3.

Vitalik Buterin evidenzia Fileverse come prova che le applicazioni decentralizzate possono soddisfare i bisogni degli utenti quotidiani.

Il rinascimento della decentralizzazione dipende dalle applicazioni che sopravvivono senza i loro sviluppatori originali.

Il co-fondatore di Ethereum, Vitalik Buterin, ha nuovamente portato l'attenzione sullo scopo originario del Web3: costruire applicazioni decentralizzate senza permessi. Il 14 gennaio ha pubblicato un post su X in cui ripercorre il piano di Ethereum del 2014 per un web alternativo più ampio basato su protocolli aperti. Ha inoltre sostenuto che lo stack tecnologico di supporto è maturo abbastanza da rendere possibile l'uso quotidiano delle applicazioni decentralizzate.

Pakistan explores a regulated digital dollar path with a Trump-linked crypto platform.

World Liberty Financial plans to USD1 use inside Pakistan’s formal payment rails system.

Stablecoin talks align with Pakistan’s push for remittance speed and cash reduction

Pakistan has entered a strategic partnership with World Liberty Financial, a cryptocurrency firm linked to the family of U.S. President Donald Trump, to explore digital dollar payments. The agreement focuses on using a dollar-pegged stablecoin within Pakistan’s financial system. Officials and analysts say the move reflects closer financial engagement between Pakistan and the United States while signaling wider state interest in dollar-linked digital assets.

Under the arrangement, Pakistan plans to work with World Liberty Financial to integrate its USD1 stablecoin into regulated payment channels. The stablecoin is backed by U.S. dollars and targets a one-to-one peg with the U.S. currency. According to Reuters, the token will operate alongside Pakistan’s existing digital payment and currency initiatives.

Pakistan partners with Trump-linked World Liberty Financial !

Pakistan is exploring WLF’s #USD1 stablecoin for cross-border payments as CEO @ZachWitkoff visits Islamabad to finalize the deal, marking one of WLF’s first sovereign-level partnerships.#Pakistan #Trump… pic.twitter.com/PMmtmpLoJq

— CryptoTale (@cryptotalemedia) January 14, 2026

The partnership emerges as Pakistan advances policies to modernize payments and manage cross-border flows. Remittances remain a key source of foreign exchange for the country. Digital payment tools have become central to those policy efforts.

Integration Plans and Official Engagements

The agreement includes plans to integrate USD1 into Pakistan’s regulated digital infrastructure. This integration will take place alongside the country’s central banking framework. Officials have prepared for the token to operate within the broader financial ecosystem.

The announcement is expected during a visit to Islamabad by World Liberty Financial’s chief executive, Zach Witkoff. He is scheduled to meet officials from Pakistan’s finance ministry and central bank. Authorities have not yet issued public statements on the deal.

While details around SC Financial Technologies remain limited, the firm maintains links to World Liberty Financial. Officials continue preparations ahead of the formal announcement. The process aligns with Pakistan’s stated interest in digital financial innovation.

Stablecoins and Regulatory Context

Interest in stablecoins has grown as dollar-pegged tokens gain visibility worldwide. In the United States, supportive regulatory signals have increased industry activity. Pakistan refined its own digital economy strategy, monitoring these developments. 

World Liberty Financial was launched in September 2024 with support from Trump family affiliates. The firm built USD1 as part of a wider decentralized finance ecosystem. USD1 targets institutional use cases such as cross-border payments and settlements. In parallel, World Liberty Financial has sought regulatory clarity in the United States.

One subsidiary applied for a National Trust Bank charter with the Office of the Comptroller of the Currency. The submission is intended to be subject to federal supervision of the issuance and custody of USD 1. 

Related: Pakistan’s Quiet Bid to Become South Asia’s Tokenization Hub

Wider Effects and Worldwide Movement

Market players view regulatory and geopolitical issues as the main result of the government-backed stablecoins’ usage.  Some people suggest that there may be a connection between the influence of politics and significant business actions.  However, these worries are still an issue in the overall discussion about digital currencies.

 World Liberty Financial has expanded its activity beyond Pakistan. A Reuters report in October said the project boosted income tied to the Trump Organization. Foreign entities contributed to that increase during the first half of last year.

In May, MGX, an Abu Dhabi state-controlled investment firm, used the World Liberty stablecoin to buy a $2 billion stake in Binance, Reuters reported. The transaction added visibility to the stablecoin’s institutional use.

It also drew attention to its cross-border settlement role. Pakistan has pursued digital currency projects to reduce cash usage and improve remittance efficiency. The central bank governor said in July that a digital currency pilot was in preparation.

Legislation to regulate virtual assets is also nearing completion. As regulators worldwide advance stablecoin frameworks and pilot digital payment systems, analysts track rising acceptance of dollar-linked digital assets. Will sovereign adoption of stablecoins reshape global payment infrastructure?

The post Pakistan Moves Toward Digital Dollar With Trump-Linked Token appeared first on Cryptotale.

The post Pakistan Moves Toward Digital Dollar With Trump-Linked Token appeared first on Cryptotale.

Kraken-backed KrakAcquisition presenta domanda per 250 milioni di dollari con SPAC Nasdaq che punta all'infrastruttura crittografica.

La struttura SPAC offre protezioni agli investitori mentre persegue aziende di pagamenti e tokenizzazione.

La domanda è allineata con i piani di quotazione in borsa di Kraken e con il più ampio spostamento verso quotazioni regolamentate nel settore crittografico.

Kraken-backed KrakAcquisition ha presentato domanda all'U.S. SEC per raccogliere 250 milioni di dollari tramite un SPAC quotato su Nasdaq. La domanda descrive un piano mirato a società di infrastruttura crittografica. L'iniziativa coinvolge affiliate di Kraken, Tribe Capital e Natural Capital, con l'obiettivo di accedere ai mercati finanziari regolamentati attraverso un percorso strutturato per l'IPO.

La Corte Suprema degli Stati Uniti è chiamata a decidere sulla legittimità delle tariffe di Trump imposte in base ai poteri di emergenza commerciale.

Trump avvisa che una sentenza sfavorevole potrebbe costringere a rimborsi massicci e interrompere i flussi di investimento.

I mercati aspettano la decisione poiché i dati delle previsioni indicano una bassa probabilità che la Corte Suprema confermi le tariffe.

La Corte Suprema degli Stati Uniti è chiamata a decidere sulla legittimità delle tariffe globali del presidente Donald Trump, sottoponendo la sua politica commerciale a un'attenta verifica legale. La corte ha fissato il 14 gennaio come data per la resa della sentenza. Questa data indica una possibile decisione sulla legittimità delle tariffe.

Singapore Gulf Bank offre ora la compensazione in USD sempre attiva tramite JPMorgan Wire 365.

Wire 365 permette un accesso continuo ai pagamenti anche nei weekend, nelle festività e in tutti i fusi orari del mondo.

La collaborazione rafforza i flussi di liquidità transfrontalieri tra Asia e Golfo.

Singapore Gulf Bank ha aperto un conto corrispondente presso J.P. Morgan, ottenendo un accesso diretto alla sua rete di compensazione in USD tramite Wire 365. L'iniziativa rafforza i pagamenti transfrontalieri per i clienti che operano nel Medio Oriente, in Asia e sui mercati globali. Sede a Manama, la banca digitale opera sotto la regolamentazione della Banca Centrale del Bahrain e si concentra sul movimento continuo di fondi internazionali.

El Salvador launches Bitcoin Country passport to boost tourism and daily BTC use.

Passport offers up to 10% discounts at hotels and merchants accepting Bitcoin payments.

Program links Bitcoin adoption with national branding and lifestyle incentives tourism.

El Salvador unveiled its “Bitcoin Country” passport program this week, extending its Bitcoin strategy into tourism and daily commerce. The initiative offers holders up to 10% discounts at participating vendors. Officials introduced the program to encourage Bitcoin use, attract visitors, and reinforce national branding through everyday incentives.

How the Bitcoin Country Passport Is Designed to Work

Unlike a traditional passport, the Bitcoin Country passport does not enable international travel. Instead, it functions as a branded identification or membership document tied to local benefits. According to details shared online, holders can access discounts at participating businesses across El Salvador.

Notably, those discounts can reach up to 10% when customers transact with merchants supporting Bitcoin payments. The structure aims to reward both consumers and businesses already using crypto-friendly payment systems. As a result, the program connects spending habits directly to Bitcoin adoption.

Officials have not published a complete vendor list so far. However, early participation appears focused on hotels, restaurants, and tourism-related services. These sectors already serve visitors drawn by El Salvador’s Bitcoin policies, creating a natural entry point for the program.

Linking Bitcoin Adoption With Tourism and Identity

Since El Salvador made Bitcoin legal tender in 2021, it has tried different ways to bring it into daily life. At first, the focus was on wallets, remittances, and payment systems. The new passport idea shows a shift toward lifestyle and identity, not just payments.

Instead of only pushing transactions, the passport mixes national branding with everyday perks. Officials say it is both symbolic and practical, giving people a clear way to show they are part of the country’s Bitcoin community. In this way, Bitcoin becomes part of normal, everyday experiences.

Tourism authorities have also been marketing El Salvador to crypto-friendly travelers. Bitcoin conferences and events have already raised the country’s profile. The passport builds on that by adding real benefits for visitors while they are in the country.

For international visitors, the document provides structured access to discounts while indicating El Salvador’s policy experiment. For residents, it reinforces Bitcoin’s role beyond investment. Therefore, the program aligns tourism, commerce and digital finance under a single framework.

Related: El Salvador Continues Aggressive BTC Accumulation Amid Market Dip

Bitcoin Markets React as Global Attention Grows

While El Salvador rolled out the passport program, Bitcoin prices responded to broader macroeconomic developments. Bitcoin briefly climbed above $92,500 after U.S. inflation data met expectations. Markets assessed the Federal Reserve’s outlook alongside political tensions involving the central bank.

According to the U.S. Bureau of Labor Statistics, December consumer price index data showed 2.7% annual inflation. That figure matched November levels and economists’ forecasts. Month-over-month headline inflation rose 0.3%, also in line with expectations.

Core CPI, excluding food and energy, increased 2.6% year over year. That reading came slightly below the expected 2.7% and matched the prior month. Core inflation rose 0.2% month over month.

Matt Mena, crypto research strategist at 21Shares, said the data supported a soft-landing narrative. According to Mena, cooling core inflation and recent jobs data align with the Federal Reserve’s dual mandate. He added that markets now price higher odds of additional rate cuts.

Mena also noted Bitcoin’s growing role amid geopolitical uncertainty. He described Bitcoin as increasingly behaving like a macro hedge. According to him, markets reprice Bitcoin as an international reserve asset during periods of political tension.

Those tensions include a Department of Justice investigation into Federal Reserve Chair Jerome Powell. The probe relates to Powell’s testimony on a Federal Reserve building renovation exceeding $2.5 billion. Powell has called the investigation politically motivated, while the White House denies involvement.

Gold prices also rose during the same period, gaining about 1.3%. Market participants described a partial safe-haven response across assets. However, uncertainty remains over the Federal Reserve’s rate path.

Goldman Sachs pushed expected rate cuts to June and September 2026. Earlier forecasts targeted March and June. Meanwhile, Bitcoin has traded between $88,000 and $94,000 in January, following October 2025 highs above $126,000.

As global attention stays fixed on Bitcoin markets, El Salvador continues expanding its domestic initiatives. The Bitcoin Country passport now sits alongside wallets, education programs, and merchant adoption efforts. These measures frame Bitcoin as part of daily economic life.

The post El Salvador Gives “Bitcoin Country” Passports and 10% Savings appeared first on Cryptotale.

The post El Salvador Gives “Bitcoin Country” Passports and 10% Savings appeared first on Cryptotale.

I senatori hanno presentato più di 75 emendamenti mentre un importante disegno di legge sulle criptovalute si avvia verso una sessione cruciale di revisione al Senato.

Gli emendamenti mirano ai rendimenti delle stablecoin, alle regole per il DeFi, alle preoccupazioni etiche e alle lacune di controllo.

Preoccupazioni etiche, regole sul quorum e collegamenti con Trump emergono mentre i negoziati bipartitici si avvicinano alla sessione di revisione.

I senatori statunitensi hanno proposto più di 75 emendamenti a un importante disegno di legge sulle criptovalute in vista di un'importante audizione al Senato questa settimana. Le proposte arrivano mentre i legislatori si preparano a una sessione di revisione che potrebbe plasmare il futuro della regolamentazione delle criptovalute negli Stati Uniti.

La Germania ha approvato decine di licenze MiCAR entro la fine del 2025 sotto il controllo rigoroso dell'autorità BaFin.

DZ Bank ha ottenuto l'autorizzazione per meinKrypto mentre il trading di criptovalute entra nel settore della banca cooperativa.

Le regole MiCAR collegano gli asset digitali alle banche attraverso custodia e esecuzione autorizzate.

La seconda istituzione finanziaria più grande della Germania, la DZ Bank, ha raggiunto un importante traguardo regolatorio ottenendo l'autorizzazione secondo il Regolamento sulle Cripto-Asset (MiCAR) dell'Unione Europea. Il nuovo servizio di trading di criptovalute, meinKrypto, è ora disponibile. Alla fine di dicembre 2025, l'Autorità Federale Tedesca per la Supervisione Finanziaria (BaFin) ha concesso il via libera all'autorizzazione, rappresentando un passo significativo nell'accettazione da parte del settore bancario tradizionale degli asset digitali in un sistema completamente regolamentato.

Il prezzo di XRP rimane sopra il livello di 2,00 dollari mentre la pressione di vendita aumenta dopo un fallito breakout.

Le liquidazioni di leverage lunghe e corte di XRP rimangono bilanciate, mantenendo il movimento del prezzo circoscritto.

La principale resistenza del token vicino a 2,40 dollari blocca l'ascesa, mentre il supporto si forma sui principali medie mobili.

Il prezzo di XRP rimane sopra la soglia di 2,00 dollari dopo un periodo difficile che ha costretto il mercato a riesaminare la propria posizione. Il token è sceso negli ultimi sette giorni, tuttavia gli acquirenti continuano a concentrarsi intorno a un livello diventato una sorta di campo di battaglia.

CONSOB segnala un'azione coordinata a livello europeo mentre le regole dell'ESMA sui finfluencer si estendono ai mercati.

Le promozioni di criptovalute sui social media sono ora soggette a normative europee complete in materia di investimenti e pubblicità.

I finfluencer rimangono responsabili per le dichiarazioni di trasparenza, i controlli sull'autorizzazione e le affermazioni ingannevoli relative alle criptovalute.

Autorità europee di regolamentazione stanno aumentando il controllo sul contenuto degli investimenti sui social media mentre le promozioni di criptovalute si diffondono attraverso brevi video, trasmissioni in diretta e canali di creator. L'autorità italiana dei titoli e dei mercati finanziari (CONSOB) ha ampliato le nuove indicazioni dell'Autorità europea degli strumenti finanziari e dei mercati (ESMA), aggiungendo l'Italia a un'iniziativa più ampia volta a garantire un'applicazione coerente delle norme nei mercati dell'Unione europea oltre i confini dell'UE.

La comunità sta esaminando un piano per ridurre l'offerta massima di CAKE dopo che le emissioni sono calate.

Il tokenomics 3.0 ha ridotto l'output giornaliero di CAKE e ha mantenuto un ciclo deflazionistico prolungato.

La proposta modifica solo il limite di offerta e lascia inalterati i sistemi di emissioni e bruciatura.

La comunità di PancakeSwap sta discutendo una proposta di governance per ridurre l'offerta massima di CAKE da 450 milioni a 400 milioni. La discussione segue i recenti cambiamenti nel tokenomics che hanno ridotto le emissioni e prodotto bruciature nette costanti. La proposta mira a allineare il limite massimo di CAKE con la sua offerta circolante attuale e la tendenza deflazionistica prolungata.

Recupero finale del FLOW contraffatto da Binance e HTX; i token sono ora isolati sulla blockchain.

Flow revoca l'accesso del consiglio d'emergenza il 13 gennaio 2026, mettendo fine ai poteri di recupero.

La distruzione del FLOW contraffatto è prevista per il 30 gennaio 2026, dopo la revisione dell'esposizione.

Flow Network ha dichiarato che il recupero finale del FLOW contraffatto in sospeso è stato completato dagli scambi centralizzati. Il recupero ha incluso Binance e HTX, chiudendo l'ultimo passaggio operativo del suo Piano di Recupero Isolato. Il Consiglio di Governo della Comunità ha eseguito il recupero. Tutti i token FLOW contraffatti rintracciati sono ora isolati sulla blockchain. La distruzione definitiva è prevista per il 30 gennaio 2026.

I dati di Polymarket indicano una probabilità del 27 per cento che il Bitcoin raggiunga i 100.000 dollari a gennaio 2026.

Prezzo degli operatori con il 80% di probabilità che il Bitcoin raggiunga i 100.000 dollari prima del 2027, riflesso dell'ottimismo.

L'analisi a breve termine contrasta con la convinzione a lungo termine in un contesto di condizioni macroeconomiche.

I dati di Polymarket mostrano un aumento delle aspettative riguardo ai risultati del prezzo del Bitcoin. La piattaforma di previsione attribuisce una probabilità del 27% al raggiungimento di 100.000 dollari da parte del Bitcoin a gennaio. Le quote del mercato delle previsioni riflettono cambiamenti nelle aspettative influenzate da eventi macroeconomici, regolamentazioni e posizionamenti sui derivati.

World Liberty Financial ha lanciato una piattaforma DeFi per prestiti che supporta USD1 e asset crittografici.

I depositi iniziali hanno raggiunto i 20 milioni di dollari grazie agli incentivi in USD1 che hanno stimolato una forte partecipazione degli utenti.

Il lancio amplia l'utilità di USD1 mentre la governance WLFI guida i futuri asset e le modifiche.

World Liberty Financial ha lanciato una nuova piattaforma per prestiti e prestiti di criptovalute poiché la concorrenza si intensifica nei mercati credito decentralizzati. L'azienda di finanza decentralizzata ha annunciato il lancio di World Liberty Markets lunedì. La piattaforma consente agli utenti di prestiti e prestiti di asset digitali utilizzando l'infrastruttura on-chain.

L'Ucraina ha classificato le attività su Polymarket come gioco d'azzardo nel quadro normativo esistente.

I regolatori hanno citato la mancanza di licenza durante l'applicazione delle norme nazionali sul gioco online.

I mercati legati alla guerra hanno attirato l'attenzione mentre grandi volumi sono fluiti attraverso la piattaforma Polymarket.

L'Ucraina ha ufficialmente limitato l'accesso a Polymarket, citando la mancanza di una licenza richiesta per attività classificate come gioco d'azzardo. Il divieto è seguito a una revisione regolamentare che ha concluso che il mercato predittivo decentralizzato non soddisfaceva i requisiti nazionali per il gioco d'azzardo.

Il presidente della SEC ha affermato che qualsiasi azione statunitense sulle riserve di Bitcoin del Venezuela rientra al di fuori della competenza della SEC.

Le richieste che il Venezuela detiene fino a 600.000 Bitcoin rimangono non verificate dagli analisti della blockchain.

I legislatori statunitensi si concentrano sulle regole del mercato delle criptovalute mentre le domande sul Bitcoin del Venezuela rimangono irrisolte.

Il capo del regolatore statunitense dei titoli si è distanziato da qualsiasi possibile azione statunitense per sequestrare le presunte riserve di Bitcoin del Venezuela valutate a 60 miliardi di dollari. Le sue dichiarazioni mettono in dubbio una delle affermazioni più drammatiche circolanti nei mercati globali delle criptovalute.

Una donna di Kursk ha perso 28 milioni di rubli dopo una truffa di criptovalute durata un anno tramite app di messaggistica.

I truffatori si sono fatti passare per investitori stranieri, promettendo alti rendimenti per indurre la vittima a inviare denaro.

La vittima ha venduto case, un'auto, oro e ha preso denaro in prestito prima che i truffatori scomparissero.

Una truffa per investimenti in criptovalute in Russia ha lasciato una residente di Kursk con perdite per un totale di 28 milioni di rubli. L'ufficio regionale del Ministero dell'Interno della Russia ha confermato che la vittima era una donna di 46 anni di Kursk. Il suo coinvolgimento nel piano è durato quasi un anno. La polizia ha dichiarato che il caso seguiva un modello familiare riscontrato in precedenti segnalazioni di frodi legate alle criptovalute.

Senate delays crypto market structure reform to protect fragile bipartisan support.

Stablecoin yield and DeFi oversight disputes slow progress across Senate committees.

Lawmakers fear rushed markups could fracture votes and doom the bill on the floor vote.

U.S. lawmakers halted momentum on crypto market structure reform after the Senate Agriculture Committee delayed its markup to late January. The decision, announced Monday in Washington, followed weekend bipartisan talks led by Chairman John Boozman. The pause indicates concerns that moving too fast could fracture Democratic support and jeopardize passage requiring 60 Senate votes.

Senate Delays Markup to Protect Bipartisan Support

The Senate Committee on Agriculture, Nutrition, and Forestry postponed its markup from January 15 to the final week of January. Chairman John Boozman said the committee needed more time to finalize details and preserve bipartisan backing. According to Boozman, discussions with Democratic Senator Cory Booker’s team progressed over the weekend.

Notably, the delay avoided dueling markups with the Senate Banking Committee, which still plans to proceed this week. Lawmakers feared similar markups could expose unresolved disputes and weaken alignment before a floor vote.

However, the delay did not pause all activity. The Senate Banking Committee continues preparing amendments to its 272-page draft. Senators must file amendments by Tuesday evening, compressing review time for complex provisions. Democrats previously raised concerns about limited review windows for such significant legislation.

Those concerns surfaced again on Monday. Senators Jack Reed, Tina Smith, and Chris Van Hollen urged Banking Committee Chairman Tim Scott to hold a hearing before markup. They warned the members lacked sufficient time to analyze the draft. The letter described the bill as potentially the most significant financial law considered this century.

Stablecoin Yield and DeFi Oversight Unresolved

Stablecoin rewards and yield are the main concern. The circulating Senate draft leaves that section marked “to be supplied.” Lawmakers continue debating whether dollar-pegged tokens should offer returns linked to reserve earnings. This issue is one of the largest obstacles to bipartisan agreement.

However, the draft does address other areas. It outlines the SEC oversight for securities-related crypto assets, rules on illicit finance, and frameworks for decentralized finance. It also introduces the Senate’s “ancillary asset” definition, absent from the House version passed in May 2024.

If the Senate advances its version, the House must accept it or enter conference negotiations. Both paths require sustained bipartisan cooperation. Lawmakers remain aware that midterm election pressures could narrow the legislative window by the second quarter.

The draft also includes a new section on DeFi oversight. While it stops short of the protections in the Blockchain Regulatory Certainty Act, developers noted safeguards remain partially intact. Industry sources said traditional finance groups sought stricter language, while crypto advocates pushed back.

Related: Lummis Says Crypto Bill Will Split Securities and Commodities

Political Ethics and Vote Math Shape the Timeline

Beyond technical issues, ethics provisions complicate talks. Democrats continue seeking restrictions on senior officials and families owning crypto businesses. The current draft omits such language. These concerns reference President Donald Trump and his family’s crypto ventures, including World Liberty Financial.

According to analysts at TD Cowen, those ties could delay the bill until 2029. Trump-linked ventures reportedly generated hundreds of millions in revenue. Democrats argue clearer guardrails remain necessary before supporting final passage.

Meanwhile, vote math drives strategy. Republicans hold a narrow majority, making Democratic support essential. Observers say leadership fears a rushed bill could fail on the Senate floor. As a result, committees now prioritize durability over speed.

Stakeholders met privately last week to discuss remaining issues. Participants included crypto policy advocates and the Securities Industry and Financial Markets Association. Sources said DeFi treatment and yield-bearing stablecoins dominated discussions. Those talks continue as the January markup approaches.

The Senate Agriculture Committee’s delay keeps negotiations open while preserving momentum. Both committees must still advance their versions before the full Senate can act. For now, lawmakers continue refining language with bipartisan passage as the stated objective.

Meanwhile, the Senate delayed crypto market structure reform to preserve bipartisan support and manage unresolved policy disputes. Lawmakers continue negotiating stablecoin yield, DeFi oversight, and ethics provisions across two committees. The revised January timeline reflects vote requirements, committee coordination, and ongoing bipartisan talks.

The post Crypto Market Reform Meets Political Reality Over Speed appeared first on Cryptotale.

The post Crypto Market Reform Meets Political Reality Over Speed appeared first on Cryptotale.