Goldman Sachs analysts, including James Yaro, have identified the U.S. cryptocurrency market structure bill, known as the "Clarity Act," as a pivotal factor for increasing institutional adoption of crypto assets. The bill, currently progressing through Congress, aims to establish a clear regulatory framework for tokenized assets and decentralized finance (DeFi), delineating responsibilities between the SEC and CFTC. This clarity is seen as essential for unlocking institutional capital and ensuring compliant participation in the crypto market. The report emphasizes the importance of passing the bill by mid-2026 to avoid delays due to the U.S. midterm elections. Senate Banking Committee Chairman Tim Scott has indicated that revisions to the "Clarity Act" are imminent, with a vote expected soon. While market adjustments may temporarily slow adoption, successful enactment of the bill could significantly boost institutional involvement in the crypto sector.