# Senate Agriculture Committee Publishes 'GOP-Only' Crypto Clarity Draft *Author: Jack Inabinet* *Published: Jan 22, 2026* *Source: https://www.bankless.com/read/news/senate-agriculture-committee-publishes-gop-only-crypto-clarity-draft* --- On Wednesday, Senate Agriculture Committee Chair John Boozman (R-AR) [unveiled](https://www.agriculture.senate.gov/newsroom/rep/press/release/chairman-boozman-unveils-updated-market-structure-legislation-schedules-business-meeting) a new crypto market structure bill. The draft legislation is separate the Senate Banking Committee's [DAMCA](https://www.bankless.com/read/5-highlights-from-the-senates-much-hyped-crypto-market-structure-draft-bill), published last week. ### **What's the Scoop?** - **Expanded Authorities: **If enacted, the Senate Agriculture Committee's [bill](https://www.agriculture.senate.gov/imo/media/doc/digital_commodity_intermediaries_act.pdf) would give the Commodity Futures Trading Commission (CFTC) expansive authority to regulate digital commodities. Already declared less crypto-friendly than last week's Senate Banking draft, detractors [fear](https://x.com/aaronrday/status/2014149986699669878) the proposal would saddle the crypto industry with onerous oversight and custody requirements. - **GOP-Only: **Despite cooperation from Democrat Senator Cory Booker, the Senate Agriculture Committee's bill has thus failed to secure bipartisan support. According to a Booker spokesperson, the Senator has been, “working in good faith with Senator Boozman for months to craft market structure legislation that can get broad support in the Senate.” - **Imminent Action:** The Senate Agriculture Committee is [expected](https://www.agriculture.senate.gov/newsroom/rep/press/release/chairman-boozman-unveils-updated-market-structure-legislation-schedules-business-meeting) to markup the crypto market structure draft legislation on January 27. Politico reports that a subsequent Committee vote is [scheduled](https://www.politico.com/live-updates/2026/01/21/congress/boozman-expected-to-release-gop-only-crypto-draft-00740344) sometime next week. > 🇺🇸 JUST IN: Senate Agriculture Committee released updated crypto market structure legislation giving CFTC new authority to regulate digital commodities.Business meeting scheduled for January 27 at 3pm for markup. [pic.twitter.com/YWQExDIkGa](https://t.co/YWQExDIkGa)— Cointelegraph (@Cointelegraph) [January 22, 2026](https://twitter.com/Cointelegraph/status/2014146024709689596?ref_src=twsrc%5Etfw) --- *This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=read/news/senate-agriculture-committee-publishes-gop-only-crypto-clarity-draft)*