Lates News

Analysts at JPMorgan Chase say that negotiations on the US "Cryptocurrency Market Structure Act" (known as the CLARITY Act) have entered the final stage, with both sides reaching compromises on the remaining few points of contention. The number of disputes has been reduced from over a dozen to 2-3 core issues, with discussions on stablecoin incentives being in a "good state". While banks have expressed concerns about stablecoins offering similar deposit returns, there is an overall trend towards bipartisan compromise. JPMorgan Chase believes that there is no perfect bill, but once passed, this legislation will provide important regulatory clarity for integrating digital assets into the US financial system. The "Cryptocurrency Market Structure Act" is currently in advanced negotiations in the US Senate, with Senate staff saying that the draft is "very close" to being resolved, but the final text has not been published and no formal vote has been scheduled. The remaining major disagreements are focused on stablecoin incentives, DeFi regulation, and token classification. Despite rising optimism, there is still a risk of delay due to the impact of the 2026 midterm elections, which could lead to a more uncertain political environment. If passed, the bill will divide regulatory authority between the SEC and CFTC, providing a long-term regulatory framework for stablecoins, DeFi, and the entire cryptocurrency industry.