Wintermute's policy director: With repeated negotiations and escalating disagreements, the Clarity bill has only a 30% chance of passing this year.

CoinFeed reported on April 11th, citing CoinDesk, that Ron Hammond, Head of Policy at crypto market maker Wintermute, stated that the probability of the Clarity Act, the US crypto market structure bill, passing this year is approximately 30%. While there have been some signs of progress in Washington, the legislative process remains hampered by multiple factors. Hammond pointed out that the bill aims to clarify the division of responsibilities between the SEC and CFTC in digital asset regulation, but current negotiations are uneven, with the timeline repeatedly delayed. Market surveys show significant disagreements regarding the bill's passage. The main obstacle comes from traditional banking institutions, particularly regarding the issue of whether stablecoins should offer yields, with related compromises repeatedly stalled.