The U.S. Senate Banking Committee's progress on the Clarity Act, aimed at regulating cryptocurrency markets, is facing delays. Initially expected to advance in April, the markup process is now likely postponed to May. Thom Tillis, a key negotiator, indicated that the process might extend into May due to pressures from the banking sector, particularly concerning stablecoin yield agreements. The week of May 11th is emerging as a potential timeframe for the markup hearing. Cynthia Lummis, another committee member, expressed frustration over the delays, emphasizing the need to maintain bipartisan progress amid increasing offshore risks. The Digital Chamber has urged the committee to expedite the process, highlighting that over 270 days have passed since the House approved the Clarity Act. Industry representatives are growing impatient with the prolonged timeline, as expectations for the bill's advancement were set last September.