TD Cowen: Crypto Market Structure Bill Passage Before Midterm Elections 'Far from a Done Deal'

CoinFeed June 30 news, according to The Block report, investment bank TD Cowen said that the 'Clarity Act' passing before the November midterm elections is 'far from a done deal,' still facing major political and policy obstacles. The Senate is expected to begin considering the bill in the week of July 13, with July 24 being a key deadline — the House will leave before the August recess. Jaret Seiberg, managing director of TD Cowen's Washington Research Group, questioned whether the bill could be approved before the fall elections if it fails to pass by then.