- Key insight: With Congress on vacation and the midterms looming, the crypto and the banking industries are looking at navigating a world without the market structure bill.
- Forward look: The crypto-market structure bill could still pass this year, but probably only if Congress decides the unlikely route of appeasing neither the banking industry nor large crypto players like Coinbase.
- What’s at stake: Experts say that the stakes for crypto firms of not passing some kind of market structure legislation is higher on the yield issue.
WASHINGTON — Bankers and crypto firms might have to reckon with the status quo over a contentious part of crypto legislation, a prospect that’s not desirable to either party but could ultimately end up…







