JPMorgan Chase: Negotiations on the "CLARITY Act" Have Entered Final Stage, Dispute Reduced to 2-3 Key Issues

BlockBeats News, April 16th. A JP Morgan analyst stated that negotiations regarding the US "Crypto Market Structure Act" (aka the CLARITY Act) have entered the final stage, with both parties compromising on the remaining few contentious points. The current disputes have narrowed down from over a dozen to 2-3 core issues, with discussions on the stablecoin reward topic "in a good place." While banks have expressed concerns about stablecoins providing deposit-like yields, an overall bipartisan compromise is emerging. JP Morgan believes that there is "no perfect bill," and once passed, this act will provide crucial regulatory clarity for the integration of digital assets into the US financial system.

The "Crypto Market Structure Act" is currently in advanced negotiations in the US Senate, with Senate staff stating that the draft is "very close" to being resolved, but the final text has not yet been released, and no formal vote has been scheduled. The remaining major disagreements are focused on stablecoin rewards, DeFi regulation, and token classification. While optimism is rising, the act still faces risks of delay due to the impact of the 2026 midterm elections, potentially entering a more uncertain political environment. If passed, this act will delineate regulatory authority between the SEC and CFTC, establishing a long-term regulatory framework for stablecoins, DeFi, and the entire crypto industry.