Crypto Market Structure Bill to Face Key Vote in April and Must Pass by May, Senators Say

In brief

• Cynthia Lummis (R-WY) said the Senate will mark up the Clarity Act in April, with Bernie Moreno (R-OH) warning it must pass by May.
• The bill faces key hurdles, especially disputes over stablecoin yield and a current lack of bipartisan support.
• Additional conflicts over DeFi and…