The Senate Banking Committee on Friday afternoon finalized an updated version of its market structure bill, and it includes a key provision that industry members have been pushing. 

The latest version of the Responsible Financial Innovation Act of 2025, which comes in at 182 pages, includes a section titled “protecting software developers and software innovation,” according to a copy of the draft reviewed by Blockworks. 

It’s a section that is notably missing from the House’s market structure bill, the CLARITY Act.

Lawmakers are expected to consider the new version at the end of September, Blockworks reported last week. 

The Senate’s new draft seeks to exclude…

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