According to @EleanorTerrett, the U.S. Senate has selected a markup date for market structure legislation, establishing a defined legislative timeline that market participants can track for regulatory headline risk. Source: https://twitter.com/EleanorTerrett/status/2008645322336334117; https://www.cryptoinamerica.com/p/senate-picks-markup-date-for-market According to @EleanorTerrett, the update is part of a holiday-week news roundup and includes a year-end podcast featuring Multicoin General Counsel @xethalis. Source: https://twitter.com/EleanorTerrett/status/2008645322336334117; https://www.cryptoinamerica.com/p/senate-picks-markup-date-for-market

According to @EleanorTerrett, the U.S. Senate has selected a markup date for market structure legislation, signaling a scheduled committee session to work on the bill (source: @EleanorTerrett on X, Dec 31, 2025). In congressional procedure, a markup is when a committee debates, amends, and may vote to advance a bill to the full chamber, setting the pathway for potential floor consideration and timeline clarity (source: U.S. Senate, Senate Glossary). For trading, monitor the committee calendar for the session date, the publication of amendment packages, and the post-markup vote tally to manage event risk and regulatory timeline expectations (source: U.S. Senate, Senate Glossary).

According to the source, Sen. Cory Booker privately voiced deep concern at Day 2 of the Blockchain Association event about an issue that could derail the U.S. crypto market structure bill. Source: public X post dated Dec 9, 2025 describing Booker's comments at the Blockchain Association event. This signals heightened legislative uncertainty for the bill’s path, with potential delays or alterations that matter for exchange oversight and token listing standards in the U.S. market. Source: Congressional Research Service, Introduction to the Legislative Process in the U.S. Congress, outlining how unresolved objections can stall or change legislation. Traders should monitor the U.S. Senate legislative calendar and relevant committee updates for any markup, amendment, or scheduling changes that could affect regulatory timelines for digital asset market structure. Source: U.S. Senate Legislative Calendar and committee jurisdiction pages.

According to @EleanorTerrett, Senator Tim Scott told attendees at a crypto-themed Christmas event on Tuesday that he floated two potential dates for when the Senate Banking GOP may hold a markup of its crypto market structure text and shared where Republicans stand on vote counts (source: @EleanorTerrett on X, Dec 3, 2025). According to @EleanorTerrett, these details were highlighted in the same day’s CryptoAmerica newsletter via the link she provided (source: @EleanorTerrett on X, Dec 3, 2025). Based on @EleanorTerrett’s report of imminent markup windows, event-driven crypto traders can track the Senate Banking GOP schedule to manage regulatory headline risk around those dates (source: @EleanorTerrett on X, Dec 3, 2025).

According to @jchervinsky, no stablecoin model can be described as GENIUS-compliant for at least 14 months because the rules are not yet written and the Act has not taken effect, limiting verifiable regulatory claims in the interim; source: https://twitter.com/jchervinsky/status/1965947735305331131. For trading, this means any issuer or token marketing GENIUS compliance before that window lacks confirmable regulatory backing and should be treated as unverified from a risk perspective; source: https://twitter.com/jchervinsky/status/1965947735305331131. The earliest realistic window for compliance-driven repricing is no sooner than roughly November 2026 (about 14 months from Sep 11, 2025), with critical catalysts being rule publication and the Act’s effective date; source: https://twitter.com/jchervinsky/status/1965947735305331131. Many implementation details remain unsettled, so traders should anchor decisions to official rulemaking milestones rather than promotional claims until the rules are finalized and effective; source: https://twitter.com/jchervinsky/status/1965947735305331131.