Crypto Market Structure Bill Edges Closer After Months Of

By Arslan Tabish | Edited By Ammar Raza,April 7, 2026, 9:00 AM

A member of the US Senate Banking Committee said Monday that progress on a crypto market structure bill could come within weeks. The update follows delays tied to policy disputes and legislative scheduling issues in Congress.

Senator Bill Hagerty shared the timeline during a policy event at Vanderbilt University. He said lawmakers plan to move the proposal through the banking panel starting next week. He added that discussions have reached an advanced stage.

According to Hagerty, the committee can handle the crypto market structure bill during the next working session. He indicated several issues that have yet to be settled. However, he added that all these problems are not unsolvable at the moment.

Also Read: CLARITY Act Passage in 2026 Unlikely if Bill Misses April Deadline

CLARITY Act Faces Final Delays

The legislator believes that the bill will go through the committee by April. In addition, he said that additional work would be required after that procedure. Hagerty highlighted the narrow timeline before the upcoming U.S. midterm elections.

The bill was earlier adopted by the House as the CLARITY Act. It is viewed as one of the main initiatives in terms of defining the legal framework of digital assets.

Regulatory power is another crucial component of the proposed bill. Regulatory control could move from the SEC to the CFTC in some areas.

It will be required to move through various Senate committees before it becomes a law. These committees include the banking committee and the agriculture committee. The agriculture committee passed their version of the bill earlier this year.

The delays in passing the bill have been due to policy differences. The lawmakers are yet to agree on the yield requirements for stablecoins and ethical concerns regarding them. The issue that has led to the delay is tokenized equities.

Crypto Market Structure Push Ahead of Elections

Another party following developments concerning the bill is the industry. Paul Grewal stated that lawmakers are about to resolve crucial issues. This statement is consistent with the latest developments in Congress.

The political pressure for the bill is increasing. Organizations such as Stand With Crypto have said that the decision can influence the 2026 midterms. It is expected that lobbying efforts will target digital asset regulations.

The level of funding is also escalating in this sector. For instance, the crypto-funded PAC Fairshake reported huge spending in the 2024 elections. The organization is preparing substantial resources for the upcoming election cycle.

Another PAC, Fellowship PAC, has also increased its activities. Recently, the organization has hired Jesse Spiro as chairman. The group claims strong financial support from the industry supporters.

Politicians now have a limited period to take action. Hagerty said that if the crypto market structure bill was passed by April, it would be possible to complete the process before the elections.

Also Read: Coinbase Secures Conditional OCC Approval, Paving Way for Crypto Custody Expansion