JPMorgan warns time is running short for crypto market structure bill

Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email JPMorgan warns time is running short for crypto market structure bill The Clarity Act still faces several legislative hurdles, and disputes over stablecoin yield have emerged as a key sticking point, the bank said. By Will Canny , AI Boost | Edited by Jamie Crawley Jun 4, 2026, 11:10 a.m. 3 min read Make preferred on JPMorgan warns crypto market structure bill faces shrinking path to passage before midterms. (CoinDesk) What to know : JPMorgan said the window for Congress to pass the Clarity Act this year is narrowing as the midterm election calendar tightens. Debate over whether stablecoins can offer yield remains the biggest obstacle, with banks and crypto firms divided on the issue. Restrictions on passive stablecoin yield could drive more capital toward tokenized Treasuries, money-market funds and tokenized deposits, the bank said. JPMorgan (JPM) said the proposed U.S. crypto market structure bill, known as the Clarity Act, may have only a limited window for passage this year as the congressional calendar tightens ahead of the midterm elections and debate over stablecoin yield remains unresolved.