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Crypto Market Structure Bill Faces Delay as May 25 Emerges as Key Deadline
The crypto market structure bill has made limited progress, with Memorial Day on May 25 seen as a key deadline for moving the legislation forward. More than 100 institutions last week urged the Senate Banking Committee to begin reviewing the bill and move the Clarity Act to the next stage. Stablecoin yields and DeFi sales activities remain under discussion, and the legislation aims to codify crypto regulatory rules into law.