U.S. Treasury Secretary Scott Bessent said that passing the crypto market-structure bill often referred to as the **Clarity Act** could bring “comfort” to markets, as Bitcoin and Ethereum remain volatile, according to Decrypt.

### Key points

- Bessent said the bill could help calm markets and urged moving it to the president’s desk this spring.

- He characterized some of the market turmoil as “self-induced,” citing industry opposition to elements of the bill.

- Decrypt notes that Coinbase has objected to provisions that would limit firms from offering **yield on stablecoins** to consumers.

- Prediction markets cited by Decrypt suggested the bill had roughly a **62% chance** of being signed into law in 2026.

### Why it matters

Regulatory clarity can influence:

- how exchanges list and market tokens,

- how stablecoins are issued and used,

- how DeFi and custodial services are supervised,

- institutional participation and product approvals.

Even without immediate passage, the debate over stablecoin yield and market-structure oversight is shaping industry behavior—particularly for major U.S.-facing platforms.

### What to watch next

- Legislative timeline and revisions to disputed sections.

- Industry coalition responses, including from major exchanges and stablecoin issuers.

*Source: Decrypt.*