JPMorgan: The Crypto Market Structure Bill Is Expected to Be Approved Mid-Year and Will Serve as a Positive Catalyst in the Second Half of the Year

PANews March 2 News, according to The Block, JPMorgan analysts stated in a report that the U.S. crypto market structure legislation, the “CLARITY Act,” could be approved by mid-year and serve as a positive catalyst in the second half of the year. The bill has currently advanced in the House of Representatives and is still under discussion in the Senate, facing two major controversies: stablecoin yield issues and conflicts of interest among government officials.

The analysts pointed out that if the bill passes, it will reshape the market structure by providing regulatory clarity, ending “regulation through enforcement,” promoting tokenization, and encouraging institutional participation. They listed eight potential positive impacts, including easing compliance burdens for major tokens, supporting innovation in the U.S. market, unlocking secondary trading, allowing traditional banks to directly custody digital assets, facilitating the tokenization of real-world assets, protecting open-source developers, providing tax exemptions for small transactions in everyday crypto payments, and promoting the development of tokenized deposits among institutions.

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