The U.S. Senate's Digital Asset Market Clarity Act of 2025 has hit a roadblock as Democratic senators express frustration with the crypto industry's perceived alignment with Republicans. Recent meetings on Capitol Hill with crypto CEOs, including Coinbase's Brian Armstrong, have highlighted the partisan divide, with Democrats pushing for a collaborative drafting process. Despite Senate Banking Chair Tim Scott's push for a Thanksgiving deadline, unresolved issues around DeFi regulation and market manipulation continue to stall progress. Polymarket odds for the bill's passage in 2025 have dropped to 19%, reflecting the growing uncertainty.
U.S. Senate Crypto Bill Faces Delays Amidst Partisan Tensions
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