US Senate Banking Committee to Vote on CLARITY Act Targeting Crypto Market Manipulation on January 15

The US Senate Banking Committee will hold a hearing on cryptocurrency market structure and vote on the CLARITY Act at 10:00 a.m. ET on January 15, BlockBeats reports. The bill aims to curb wash trading, deceptive practices and fake trading volume, and mandates proof-of-reserves disclosures to address regulatory issues in the digital asset sector. Some analysts said the legislation, if enacted, could reduce market manipulation by 70% to 80% and accelerate institutional capital entry into cryptocurrencies in 2026. If approved by the committee, the measure will proceed to a full Senate vote, then return to the House for final approval before being sent to President Trump for signature.