The U.S. cryptocurrency market structure bill may be postponed for review until May, with increasing lobbying from the banking sector intensifying divisions
The advancement timeline of the U.S. Clarity Act cryptocurrency market structure bill faces uncertainty, with plans to enter the review process potentially delayed until May due to lobbying pressure from the banking sector.
Reports indicate that some banking associations have expressed dissatisfaction with the provisions limiting stablecoin yields and have pressured members of the Senate Banking Committee to adjust the bill's content. Meanwhile, White House cryptocurrency advisor Patrick Witt publicly criticized the related lobbying activities. The bill still needs to reach a consensus on key issues such as stablecoin yields, DeFi provisions, and ethical concerns, and whether a review time can be confirmed this week remains uncertain.
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