The Senate Banking Committee plans a June markup, setting a July 4 target for crypto regulation legislation.
The Senate Banking Committee is scheduled to markup the Clarity Act this month, aiming for floor passage by early July. The timeline leaves four working weeks in June for debate and approval, according to a White House crypto adviser.
The legislation seeks to provide regulatory clarity for digital assets, addressing industry calls for clearer guidelines. Previous attempts to advance crypto bills have stalled amid partisan divisions, but recent bipartisan interest may accelerate progress.
Market participants are closely watching the bill’s progress, as its passage could reduce uncertainty for crypto firms and investors.