Running out of time on Clarity: State of Crypto
CoinDesk
Legislative momentum for the U.S. crypto market structure bill is stalling as the window for passage before the upcoming election rapidly closes.Summary
The crypto market structure bill faces a critical timeline, with Memorial Day serving as a practical deadline for legislative progress before lawmakers shift focus to election campaigns. The bill is essential for codifying industry regulations to prevent future administrative reversals, but progress remains stagnant despite industry pressure for Senate hearings. While House members like French Hill believe the Senate can reconcile remaining issues, significant legislative hurdles, including Senate committee actions and a necessary second House vote, remain unresolved.
(Source：CoinDesk)