Congressional Action Stalls on Market Structure Bill
The U.S. Senate has postponed consideration of the Crypto Clarity Act, a market structure bill that has drawn backing from major Wall Street institutions including BlackRock, Fidelity, Franklin Templeton, Goldman Sachs, and SoFi. The Senate majority leader is directing limited floor time to unrelated legislation, pushing the crypto bill further down the calendar despite earlier hopes for a vote.
The delay represents a setback for industry efforts to establish clearer regulatory jurisdiction over digital asset trading and market structure. Some lawmakers had expressed optimism about advancing the measure, but competing priorities have constrained the legislative window available for crypto-focused legislation.
