PANews reported on January 7th that, according to Finance Feeds, the legislative landscape for the US cryptocurrency industry has reached a crucial turning point. The Senate Banking Committee has officially set the deliberation date for the Digital Asset Market Transparency Act (CLARITY Act, also known as the Crypto Market Structure Act) for Thursday, January 15, 2026. Committee Chairman Tim Scott, a Republican from South Carolina, announced the decision after a series of tense closed-door meetings in early January. Senator Scott emphasized that the committee will proceed with the formal vote regardless of any difficulties. The Republican leadership considers this deadline strategically necessary, racing against time to complete legislation before the January 30th deadline for critical federal spending, which could trigger another government shutdown. The committee hopes that next Thursday's vote will allow the bill to reach the full Senate for consideration, given the current administration's continued strong support for cryptocurrencies.