Crypto Market Structure Bill Likely to Miss Pre-Summer Congressional Deadline

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The Clarity Act, a bill aimed at establishing a regulatory framework for crypto markets, is expected to miss its window before Congress heads into summer recess. Senate Majority Leader Thune indicated that the deadline will likely not be met before senators disperse. However, Thune suggested the legislation may still see some progress initiated before the break. The delay marks a setback for crypto industry advocates who had been pushing for timely passage of the market structure bill.

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