JPMorgan Sees Mid-Year Approval for U.S. Crypto Market Bill

• JPMorgan sees mid-year approval of the CLARITY Act as a potential catalyst for crypto markets in H2.
• The bill would split oversight between the SEC and the CFTC, easing compliance for major tokens.
• Stablecoin yield and conflict-of-interest rules remain key hurdles in Senate talks.

JPMorgan analysts have reported that the U.S. crypto market structure legislation could receive approval by mid-year, possibly serving as a positive catalyst for digital asset markets in the second half of the year. 

In a recent report led by managing director Nikolaos Panigirtzoglou, the bank stated that even as crypto sentiment remains weak, progress on the proposed regulatory framework, widely known as the CLARITY Act, could provide clarity that reshapes the industry’s operating environment.

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