February 13, 2026
Bessent calls for a signature in the spring and mentions mid-term pressures
Treasury Secretary Bessent Calls for Quick Passage, Signals Spring Signing Target. According to him, the 2026 midterm elections create urgency. Separately, Patrick Witt (Crypto Advisory Director) told Yahoo Finance: “I think we will get there. »
February 12, 2026
SEC Chairman Atkins: Rules without legislation are not ‘future-proof’
Atkins told the Senate Banking Committee that the SEC can write interim crypto rules, but they are vulnerable to overturning without statutory support. Refers to “our now joint SEC-CFTC collaboration Project Crypto.” Sen. Mark Warner (D-VA) signals that Democrats have not given up on talks.
February 10, 2026
Second White House meeting: Bankers demand total yield ban
Banks are coming with a “principles” document calling for a total ban on stablecoin yield. No compromise found. BofA CEO Moynihan reportedly warned that trillions could migrate from bank deposits to yield-producing stablecoins. The White House sets the end of February as the deadline for an agreement.
February 5, 2026
Bessent calls industry resisters ‘nihilists’ in FSOC testimony
Treasury Secretary Bessent told FSOC that crypto companies blocking the legislation are “nihilists” who should “move to El Salvador.” The White House’s strongest rhetoric against industry opposition.
January 29, 2026
Senate Agriculture Committee advances DCIA – 12 to 11
Voting along the party line. This is the first time a crypto market structure bill has been approved by a Senate committee. All Democratic amendments (ethics, DeFi, AML) fail 12 to 11. Bill text unchanged after markup.
January 21-23, 2026
Showdown in Davos
Armstrong clashes with JPMorgan CEO Jamie Dimon and BofA CEO Brian Moynihan at the WEF. Dimon accuses Armstrong of ‘lying on TV’ about banks sabotaging crypto legislation. The industrial divide is growing.
January 21, 2026
Ag Senate releases updated bill text
Chairman Boozman issues “Digital Commodities Intermediaries Act” (S. 3755). Republican-only version – bipartisan support plummets after Booker leaves office. Focuses on registration of CFTC intermediaries.
January 14, 2026
Coinbase withdraws support – markup postponed
CEO Brian Armstrong posts on X: “There are too many problems. » Opposes stablecoin yield restrictions, tokenized equity limits, DeFi oversight provisions, and weakened CFTC authority. The Senate Banking Committee delays the January 15 increase by a few hours.
January 12, 2026
The Banking Senate publishes a 278-page project
The new draft introduces restrictions on the yield of stablecoins, expanded provisions on BSA/AML and reporting requirements on the DeFi protocol. Triggers an immediate response from the industry.
November 10, 2025
Draft discussion on agriculture in the Senate
Senators John Boozman (R-AR) and Cory Booker (D-NJ) release a bipartisan discussion draft of the Senate Agriculture Committee’s version.
September 18, 2025
Received in the Senate
H.R. 3633 formally received and referred to the Committee on Banking, Housing, and Urban Affairs.
September 5, 2025
Responsible Financial Innovation Bill
Senate Banking Committee releases 182-page discussion draft building on CLARITY Act framework.
July 22, 2025
Senate Banking Discussion Draft
Senators Tim Scott, Cynthia Lummis, Bill Hagerty and Bernie Moreno release the Senate Banking Committee’s version for public review. Scott calls the House bill “a solid model.”
July 17, 2025
House passage — 294 to 134
Passes under structured rule (H. Res. 580). Bipartisan support with significant Democratic crossover. The same week, the GENIUS Act (stablecoin bill) passed both houses.
June 10, 2025
Committee Markup Sessions
The House Financial Services Committee (32-19) and Agriculture Committee (47-6) are both advancing the bill. Agriculture Committee passes with strong bipartisan support. Reports filed June 23 (H. Rept. 119-168, Parts I and II).
May 29, 2025
Bill tabled in the House
House Financial Services Committee Chairman French Hill introduces H.R. 3633. Referred to the Committee on Financial Services and the Committee on Agriculture. 8 original co-sponsors; 21 in total (14 R, 7 D).
