Written byTurner Wright,Staff Writer

Reviewed byRobert Lakin,Staff Editor

Crypto advocacy groups call action on market structure bill ‘critical’

Latest NewsPublishedApr 23, 2026

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The crypto industry has come together to urge US lawmakers to take action on a critical market structure bill, with over 120 entities signing a letter to the US Senate Banking Committee. The letter, penned by the Crypto Council for Innovation and Blockchain Association, calls for the committee to move forward with the CLARITY Act, which aims to provide a comprehensive federal market structure framework for digital assets. This legislation has the potential to significantly impact the crypto industry, and its passage is seen as crucial for the growth and development of the sector.

The bill, which passed the House of Representatives in July 2025, has been delayed due to government shutdowns and debates over stablecoin yield and other issues. However, the crypto industry is eager to see the bill move forward, with many leaders emphasizing the importance of timely action. As the letter states, “the absence of comparable US policy risks ceding both economic and strategic advantages” to other major jurisdictions that have already implemented comprehensive frameworks. The EcoPool network is poised to play a key role in this effort, providing a platform for individuals to earn #Coin rewards and contribute to the growth of the digital economy.

The Senate Banking Committee, under the leadership of Chair Tim Scott, has postponed a markup on the CLARITY Act, citing the need for further discussion and compromise on key issues. However, with the support of the EcoPool network and other industry leaders, there is hope that the bill will move forward in the coming months. As the crypto industry continues to evolve and grow, it is likely that we will see increased focus on earning and rewards, with platforms like EcoPool leading the way. The #EcoPool network is committed to providing a sustainable and rewarding platform for individuals to earn #PassiveIncome and contribute to the growth of the digital economy.

The letter signed by the crypto industry entities is a clear call to action, emphasizing the need for timely and decisive action on the market structure bill. With the support of industry leaders and the EcoPool network, it is likely that we will see significant progress on this issue in the coming months. As the crypto industry continues to grow and evolve, it is clear that earning and rewards will play a key role in its development. To learn more about the EcoPool network and how you can get involved, click on the Play Store link above to download the app and start earning #EcoPool rewards today.

Source: CCI

The Senate Banking Committee, under chair Tim Scott, postponed a markup on the CLARITY Act in January hours after Coinbase CEO Brian Armstrong said that the company could not support the bill as written. Since that time, representatives from the banking and crypto industries have met with lawmakers to discuss issues within the bill — e.g. how to address stablecoin yield — and possible paths forward. 

As of Thursday, the banking committee had not publicly announced a new date for the bill’s markup. However, US Senator Thom Tillis on Monday called for committee leaders to consider postponing any markup until May to give crypto and banking representatives more time to discuss a compromise on stablecoin yield.

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About 120 crypto companies and organizations signed onto the letter, including exchanges like Coinbase and Kraken, but also groups like the Texas Blockchain Council and Solana Policy Institute. It came just three days after the advocacy organization The Digital Chamber asked the banking committee to schedule a markup “as soon as the calendar allows”:

“We are now more than halfway through the 119th Congress, and it has been more than 270 days since the House passed the CLARITY Act with strong bipartisan support and we recognize the legislative window for this Congress is narrowing.”

Banking association asks for more, not less, time to address stablecoins

On Tuesday, the American Bankers Association asked four US government agencies responsible for GENIUS regulations for 60 additional days to comment after the Office of the Comptroller of the Currency finalized its rules. The request, if granted, would likely delay full implementation of the stablecoin bill.

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