US Lawmakers to Discuss Crypto Market Structure Bill Amendments

A key legislative debate on US cryptocurrency market structure is taking center stage. The House Financial Services Committee will hold a markup hearing on Tuesday to discuss the Digital Asset Market Clarity Act, better known as the CLARITY Act of 2025. The bill’s potential for inclusion of protections for blockchain developers has been introduced by committee chair French Hill. This amendment proposes exempting certain non-controlling blockchain developers from registration requirements under the new market structure law. This proposal draws inspiration from the Blockchain Regulatory Certainty Act, championed by Rep. Tom Emmer and a bipartisan coalition in May. Crypto advocacy groups like the Blockchain Association are urging lawmakers to merge these bills, seeking streamlined regulatory frameworks for the digital asset landscape. The Tuesday hearing will focus on amendments to the CLARITY Act, potentially leading it to the full House of Representatives for consideration. Meanwhile, in the Senate, the GENIUS Act is gaining momentum, aiming to regulate payment stablecoins. Senate Majority Leader John Thune hopes to finalize this bill within the week. Rep Maxine Waters, ranking member of the House Financial Services Committee, has expressed skepticism towards the CLARITY Act, citing a lack of alignment with her allegations of corruption in the crypto industry. While some Democrats like Ritchie Torres, who previously advocated for crypto-related legislation, have indicated their support for the market structure bill. His potential stance remains unclear and awaits confirmation from his office.