US Senator Submits Amendment to Cryptocurrency Bill

US senators from both parties have submitted several amendments ahead of tomorrow’s price hike to the cryptocurrency market rescue bill.

The increase was moved earlier this week due to bad weather, but will now go ahead as planned despite growing concerns about a possible U.S. government shutdown until Saturday. The proposed amendments focus on cryptocurrency oversight, consumer protection, and national security.

Senator Michael Bennet of Colorado introduced an amendment that would limit cryptocurrency ownership and related activities for government officials and their immediate family members. It is not yet clear whether the committee will include this proposal in the bill.

BREAKING NEWS: 🇺🇸 The U.S. Senate Agriculture Committee is scheduled to vote on a major cryptocurrency market structure bill tomorrow at 10:30 AM ET.

If this bill is approved and signed by President Trump, it could reduce cryptocurrency price manipulation and wash trading by nearly 70%. pic.twitter.com/tVFZ4N6cBp

— Bull Theory (@BullTheoryio) January 28, 2026

Minnesota Sen. Amy Klobuchar, ranking member of the Senate Agriculture Committee, submitted two amendments. One is to delay implementation of the bill until the Commodity Futures Trading Commission (CFTC) confirms four members, including two from the minority party.

Lawmakers Propose New Amendments

The second is to narrow the definition of “retail participant” and better define the role of digital goods retail advocates. Other senators have proposed amendments targeting specific risks in the cryptocurrency market. Senator Dick Durbin has filed a proposal to ban government bailouts of cryptocurrency issuers and add stricter anti-fraud regulations for cryptocurrency ATMs.

Senators Tommy Tuberville of Alabama and Jerry Moran of Kansas have introduced amendments that would limit foreign adversary interference in U.S. cryptocurrency markets. During the markup process, senators will debate each amendment and vote on whether to include it in the bill. The committee will then decide whether to forward the bill to the full Senate.

All committee members are expected to attend now that weather-related delays have been resolved. The bill is expected to advance this week after gaining bipartisan support. Several Democratic senators said they would not block the bill during the increase.

Senators Roger Marshall and Dick Durbin also confirmed that they will not introduce unrelated credit card fee amendments. Senator Kirsten Gillibrand said clear crypto rules are needed because digital assets work differently than traditional banks. She added that clear regulation would protect consumers, keep cryptocurrency companies in the United States, and strengthen the United States’ position as a global financial hub.

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