Time constraints and competing priorities hinder the passage of the Digital Asset Market Clarity Act.
Stablecoin yield disputes stall progress, with Senator Thom Tillis seeking a compromise.
Aggressive banking industry lobbying contributes to delays in the bill’s committee progress.
The Digital Asset Market Clarity Act is staring down its most consequential stretch yet. With a Senate Banking Committee markup now pushed to May and the August recess fast approaching, the crypto industry is running the numbers on how much time is actually left to get comprehensive market structure legislation across the finish line.
Ji Kim, CEO of the Crypto Council for Innovation, pegged the available floor time at roughly 13 weeks. But that number…
