U.S. Senator Kirsten Gillibrand announced that the cryptocurrency market structure bill will not advance without ethics clauses prohibiting government officials from profiting through insider status. Speaking at the Consensus conference, Gillibrand highlighted the necessity of these provisions to prevent members of Congress, senior officials, and the President and Vice President from exploiting their positions in the crypto industry. The bill, which previously faced delays over stablecoin incentives, has reached a compromise on those issues. However, ethics provisions have emerged as a new hurdle. Gillibrand is collaborating with the White House and bipartisan lawmakers to incorporate these elements, along with consumer protection and anti-terrorism financing measures, aiming for the bill's passage before the August recess.