Crypto industry bets on SEC in 2026 as market structure bill slows to a crawl – DL News
The Guidance
- Market structure bill risks being punted into 2027.
- Still, industry players say the SEC is moving ahead without Congress.
- The rest of the world is following closely behind.
A version of this story appeared in The Guidance newsletter on December 29. Sign up here.
A stablecoin bill, lenient financial regulator, and all-time highs.
The crypto industry got everything on its wishlist in 2025.
Well, almost everything.
If landmark stablecoin legislation passed quickly this summer, getting market structure rules — often called the Clarity Act — across the line has dragged on.
Now, some industry members say it’s too late.
“The optimal time for the Clarity Act to pass has already passed,” Matt O’Connor, founder of fundraising…
