US lawmakers are set to discuss a cryptocurrency market structure bill in a markup hearing where an amendment aimed at protecting blockchain developers is expected to be introduced. Committee chair French Hill has proposed changes to the Digital Asset Market Clarity Act of 2025 (CLARITY Act), specifying that certain blockchain developers or service providers will not be classified as money transmitters, exempting them from registration requirements. This provision is rooted in the Blockchain Regulatory Certainty Act, which has garnered bipartisan support. Alongside this, the Senate is preparing to vote on the GENIUS Act to regulate stablecoins, reinforcing a combined legislative effort on regulatory clarity for cryptocurrencies. Despite significant movement, bipartisan backing for the CLARITY Act still appears uncertain, with representatives like Maxine Waters expressing skepticism about support from Democratic lawmakers. The outcomes of these proposals could significantly impact the regulatory landscape for the cryptocurrency market.

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