U.S. Senate Faces Delay on Key Crypto Market Structure Bill

On March 13, U.S. Senate Majority Leader John Thune indicated that a significant cryptocurrency market structure bill might face further delays. According to BlockBeats, lawmakers may require additional time to address unresolved issues. Thune noted that the Clarity Act is unlikely to pass the Senate Banking Committee before April. The bill aims to establish a comprehensive regulatory framework for digital assets in the United States, clarifying regulations for the crypto market and its participants. While the House has advanced the legislation, discussions in the Senate are ongoing. Meanwhile, lawmakers are prioritizing U.S. President Donald Trump's SAVE America Act, with a Senate vote expected next week. Trump has stated that he will not sign any other legislation until this act is passed. Despite the uncertain timeline, policy analysts believe the crypto market structure framework could become a major market driver this year. Analysts at JPMorgan describe it as a "positive catalyst" for the industry in the latter half of the year, suggesting that regulatory clarity could unlock broader institutional participation and investment.