The House Financial Services Committee might mark up market structure legislation next week, while the Senate seems close to passing its stablecoin bill.
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The narrative
Here’s what’s clear: There are bills and they will probably get votes next week. Here’s what’s unclear: What all lawmakers might need to get enough votes to actually advance these bills, and if they’re there already or not.
Why it matters
The crypto industry has waited for years for Congress to pass legislation giving it some sort of regulatory clarity. Congress has taken a number of key steps this year already, but next week might see quite a few of these steps happen.
Breaking it down
Logistical details first. There will be markups in the House Financial Services Committee and the House Agriculture Committee on the market structure bill, the Digital Asset Market Clarity Act (otherwise known as just the Clarity Act) on Tuesday. That markup will likely end with lawmakers voting to advance the bill to the b
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Author: Nikhilesh De
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