BlockBeats News, March 13th, US Senate Majority Leader John Thune stated that the key crypto market structure bill may face further delays, as lawmakers may need more time to address outstanding issues.
Thune indicated that the expected Clarity Act is unlikely to move through the Senate Banking Committee before April. The bill aims to establish a comprehensive regulatory framework for US digital assets, clarifying the regulation of the crypto market and participants. The House has advanced the legislation, while Senate discussions are still ongoing.
Meanwhile, lawmakers are prioritizing the advancement of former President Trump’s SAVE America Act, with a Senate vote expected next week. Trump has previously stated that he will not sign any other legislation before this bill is passed.
Despite the uncertain timeline, policy analysts still believe that the crypto market structure framework could be a significant market driver this year. JPMorgan analysts have described it as a “positive catalyst” for the industry in the second half of the year, with regulatory clarity potentially unlocking broader institutional participation and investment.
