Senator Cynthia Lummis reports bipartisan momentum for crypto market structure legislation in Congress

Apr 23, 2026, 7:33:57 PM UTC(16 hours ago)

Impact: Medium

Affected Assets

A coalition of over 120 digital asset organizations including Coinbase and Ripple sent a formal letter on April 23 2026 urging the Senate Banking Committee to proceed with a markup of the legislation
The proposed framework known as the Clarity Act aims to establish a comprehensive federal market structure for digital assets to provide regulatory certainty
Industry leaders emphasized that the United States is in a global race to the top and requires durable rules to protect consumers and developers
The legislative push follows the success of the GENIUS Act and seeks to move beyond regulation by enforcement from federal agencies
Market analysts noted that while Bitcoin prices remained relatively flat during the announcement some memecoins saw significant volatility in early 2026

JUST IN: 🇺🇸 Senator Cynthia Lummis says there is now "bipartisan support" for Congress to advance crypto market structure legislation.