The passage of the Digital Asset Market Clarity Act of 2025, also known as the CLARITY market structure bill, hinges on bipartisan support in the US Senate Banking Committee. Republicans need 7-10 Democrats to vote yes on the Act, according to Alex Thorn, head of research at Galaxy. If Republicans secure 4 votes from Democrats, it’s likely that all 17 Democratic senators who voted for the GENIUS Act will support the market structure bill.

The US Congress passing a crypto market structure framework would boost crypto adoption, especially among institutional investors. Failure of the CLARITY Act to pass would have a relatively minimal impact on the crypto industry, as key policy objectives have already been secured. However, short-term investor sentiment may be affected, and the bill’s fate beyond Jan. 15 is uncertain.

Investment Bank TD Cowen warned that crypto market structure legislation may not pass until 2027 and could take effect in 2029 if Democratic lawmakers delay the vote beyond the midterms. Trump-era regulations benefiting the crypto industry, AI, and tech could be rolled back if Republicans lose control of Congress in the 2026 midterms, according to Ray Dalio.

Read more at Cointelegraph: CLARITY Act Needs Bipartisan Support in Senate Banking Committee: Analyst