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Crypto Market Structure Bill to Face Key Vote in April and Must Pass by May, Senators Say

Crypto Market Structure Bill to Face Key Vote in April and Must Pass by May, Senators Say

After months of setbacks, a final plan is emerging from Senate Republicans to get a crypto market structure bill over the finish line before political momentum evaporates on Capitol Hill.

Cynthia Lummis (R-WY), the legislation’s chief champion in the Senate, said Wednesday the Senate Banking Committee will hold a rescheduled markup of the market structure bill, dubbed the Clarity Act, in “the second half of April.”

“We really are going to get it out of the Banking Committee in April,” Lummis said, during an appearance at the DC Blockchain Summit.

Shortly thereafter, speaking in a video message at the same event, Lummis’ pro-crypto Senate Banking colleague Bernie Moreno (R-OH) struck a more somber tone.

“If…

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