Crypto Bill: Will It Pass Before 2027? 🚀💥

by

“Ah, the good senator, with her trademark optimism, declares we’ve journeyed through the financial wilderness and now a bipartisan beacon of legislation glimmers on the horizon-though it may well be a mirage,” quipped Wyoming’s Cynthia Lummis, ever the dramatist.

The past five years have been a veritable carnival of chaos: the FTX debacle, the Federal Reserve’s crypto disdain, market volatility that would make a rollercoaster blush, and the veto of SAB121-guidance on accounting for digital assets that’s as elusive as a unicorn in a snowstorm.

Senator Tim Scott, ever the optimist, whispers that the crypto market structure proposal is poised to waltz into Senate deliberations-though one suspects the dance may be more of a tango with political obstacles.

It’s been a long five years…

Unhosted wallets

FTX

The Fed hating crypto

Market volatility

Veto of SAB121

We’ve come so far, and we are close to a bipartisan legislation that will stand the test of time.

– Senator Cynthia Lummis (@SenLummis) January 7, 2026

Finally, Some Clarity For Crypto

Scott, with a flourish, claims he’s “optimistic” the bill will pass the committee and the Senate and be signed by President Trump-though one wonders if the president’s schedule is as packed as a penguin’s dance card.

“This is the clearest signal yet that the US is moving from enforcement to structure,” commented ‘BMNR Bullz’, who clearly has a flair for the dramatic.

The draft, in its grand ambition, seeks to establish a digital commodities framework under the CFTC, treating crypto assets like Bitcoin and Ether as commodities by default-though one wonders if the SEC will ever truly relinquish its grip on the reins.

It also narrows the SEC’s scope to regulating actual securities, introduces developer protections for non-custodial infrastructure, and improves retail market oversight and global regulatory alignment. A triumph of bureaucracy, if ever there was one.

However, analysts, ever the party poopers, caution that the final passage may stretch into the distant future, with TD Cowen predicting a 2027 enactment and 2029 implementation-though perhaps they’ve been reading the tea leaves in a particularly gloomy corner of the library.

The Democrats, ever the reluctant participants in this legislative tango, may have little incentive to hasten the bill’s passage, especially with potential House control changes looming like a storm cloud on the horizon.

What The Prediction Platforms Say

Blockchain betting platform Kalshi, ever the arbiter of probabilities, has pegged the legislation’s chances at 20% before April, 47% by May, and a rather optimistic 74% by year’s end-though one suspects their crystal ball is more of a hazy glass.

Bitwise’s CIO, ever the cautious optimist, warns that without legislation, the current pro-crypto regulatory tilt may be as fleeting as a summer breeze-though one can’t help but wonder if the next administration will be as amenable.

Read More

2026-01-08 10:38