BlockBeats News, January 15th, the Senate Banking Committee has canceled the scheduled Thursday markup hearing of the "CLARITY Act" (Crypto Market Structure Act), as revealed by crypto journalist Eleanor Terrett. Apart from Coinbase leading the announcement to withdraw its support for the bill, industry members' dissatisfaction erupted this Wednesday, complaining that lawmakers made too many concessions to banks and traditional financial institutions after amending a 278-page bill, especially regarding stablecoin yields and tokenization.Critics argue that the "CLARITY Act" itself was already biased towards traditional institutions. Meanwhile, some Democrats insist on including ethics provisions for senior government officials, including the president, to prevent them from benefiting personally from cryptocurrency projects, an issue that Democrats and the White House have been at odds with several times.Currently, Senate Banking Committee Chairman Tim Scott stated in a postponement announcement, "Everyone is still working sincerely at the negotiating table," but did not disclose when the committee would reschedule the markup. The Senate is adjourned next week for Martin Luther King Jr. Day and will reconvene the following week. The Senate Agriculture Committee is expected to hold the markup then, which has also been postponed from this Thursday.