US crypto bill CLARITY still under discussion, key issues remain

The U.S. crypto market structure bill (CLARITY) is still being discussed by lawmakers, according to Nic Puckrin, CEO of the crypto newsletter Coin Bureau. In a post on X, Puckrin noted that an announcement regarding stablecoin interest, initially expected this week, has been delayed while officials review revised text. He also mentioned that U.S. Senator Cynthia Lummis has indicated a hearing for the bill is scheduled for late April. However, if the bill does not pass its committee, it could be postponed until next year. Key points of contention include the stablecoin interest structure, the definition of DeFi, and ethics provisions concerning potential conflicts of interest with the Trump family. Puckrin added that the bill is progressing, albeit slowly, and that the main issue is the timeline.