That came as the broader push for the bill picked up new urgency from lawmakers and industry figures who fear the window for action is closing fast.
Deadline Pressure BuildsUS Senator Cynthia Lummis said the country may not get another serious shot at the bill before 2030.
This is our last chance to pass the Clarity Act until at least 2030. We can’t afford to surrender America’s financial future.
Lummis’ comments framed the fight as one that cannot sit on the shelf much longer.
The GENIUS Act, signed by President Trump last year, established U.S. leadership on stablecoins.
The CLARITY Act, also known as market structure legislation, would do the same for all other digital assets by providing clear rules of the road.
Industry Push Gathers SteamThe pressure is not coming from lawmakers alone. Chris Dixon, a16z Crypto’s managing partner, said rules that are clearly defined help both consumers and entrepreneurs.
That line has become a common argument inside the industry, where many firms say clearer oversight would help the US pull in more innovation and more retail demand for crypto assets.
Coinbase CEO Brian Armstrong also shifted his tone on Friday, saying it was time for the bill to move after months of delays.
Stablecoin Fight Still LoomsEven with that momentum, a key problem remains. Grewal said on April 2 that the bill may be close to a Senate Banking Committee markup, but he also said the path forward depends on agreement over stablecoin yield.
That issue has kept the legislation from moving cleanly, even as support has built among companies and some regulators.
Regulators are now adding their voices too. SEC Chairman Paul Atkins said the time had come for Congress to move market-structure legislation to Trump’s desk and to protect the system from what he called rogue regulators.
The CLARITY Act has since become a test of whether Washington can settle crypto rules before the political calendar closes in.
Featured image from Unsplash, chart from TradingView
