The CLARITY Act — a crypto market structure bill that's been winding through Congress — could get its markup as early as next week, according to a Coinbase executive. The timeline puts the legislation one step closer to a floor vote, though key provisions are still being picked over by banking and crypto industry lobbies.
Markup timeline
The Coinbase exec didn't name a specific day, but said the markup could land within days. That would be faster than some on the Hill expected. The bill has already cleared a subcommittee review, but the full committee markup is where amendments get added and the real horse-trading happens.
Lobby review still ongoing
Banking and crypto trade groups are still reviewing the bill's language. That's standard — but it means the final version could shift before the markup starts. Lobbyists on both sides are pushing for changes, especially around definitions of digital assets and which agency gets the most oversight authority. The outcome of those talks will determine whether the bill keeps broad industry support or draws more organized opposition.
Voter support
A new poll shows that voters across party lines back the legislation. The survey, conducted this month, found bipartisan support for creating a federal framework for crypto markets. Lawmakers in swing districts have taken notice. That political tailwind could help the bill survive floor amendments that might otherwise sink it.
What happens next: the markup is the next concrete milestone. If it happens next week, the bill could move to a full House vote before the summer recess. If it slips, the calendar gets tight.
