US Crypto Industry Pushes for Federal Legislation
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The US crypto industry is mounting a coordinated effort to advance the Digital Asset Market Clarity Act of 2025 (H.R. 3633), positioning it as essential federal legislation to enable sustainable growth. Industry leaders argue that while existing frameworks like the GENIUS Act provide foundational rules, comprehensive market-structure laws remain the critical missing layer for regulatory certainty and institutional adoption.
However, this legislative push faces significant challenges, with reports indicating that Senate negotiations are faltering behind closed doors. The potential failure to secure bipartisan agreement could delay regulatory clarity, creating continued uncertainty for firms like Ripple and others banking on this legislative pathway. This political dynamic introduces near-term headwinds despite the industry's unified long-term advocacy.
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