Investment bank TD Cowen warns that the 2026 midterm elections in the US could hinder the passing of the digital asset market structure bill in the Senate. The bill, named the CLARITY Act, may not pass until 2027 due to potential changes in Congress power balance. Senate Democrats may delay support, citing election uncertainties.

In a bipartisan draft, the Senate Agriculture Committee included conflict of interest safeguards to prevent government officials, including former President Trump, from holding cryptocurrencies. Concerns have been raised about Trump’s ties to the crypto industry, including involvement with World Liberty Financial and a memecoin called Official Trump. Democrats are pushing for clear regulations.

The Responsible Financial Innovation Act is awaiting markups in the Senate Banking Committee and Senate Agriculture Committee. If signed into law, it would give the US Commodity Futures Trading Commission more authority over digital assets, potentially shifting regulatory power from the Securities and Exchange Commission. The bill’s implementation could impact the 2029 market structure.

Read more at Coin Telegraph: US Crypto Market Structure Bill could be Delayed until 2027: Report