JPMorgan analysts say U.S. crypto market structure legislation could be approved by mid-year and serve as a positive catalyst for markets in the second half, identifying eight specific provisions that could reshape the industry.

The Mid-Year Approval Timeline

JPMorgan analysts led by Nikolaos Panigirtzoglou said the CLARITY Act could be approved by mid-year despite weak crypto sentiment, The Block reported on Sunday.

“If passed it will reshape market structure by providing regulatory clarity, ending ‘regulation by enforcement,’ promoting tokenization, and facilitating greater institutional participation,” the analysts wrote.

The House has already advanced the legislation while Senate…

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