Investment bank TD Cowen has identified several obstacles facing the U.S. Crypto Clarity Act, beyond the issue of stablecoin yields. Key challenges include a shortage of commissioners at the Commodity Futures Trading Commission (CFTC), regulatory disputes over prediction markets, political concerns linked to the Trump family's World Liberty Financial project, anti-money laundering pressures from Iran's use of crypto payments, and the potential inclusion of the Credit Card Competition Act in the legislative process. The stablecoin yield cap proposal is still under negotiation, with a vote expected as early as May. However, the overall passage of the Clarity Act remains uncertain, requiring bipartisan compromise and higher-level political support.