MarketPR
The falling odds of the Clarity Act clearing the Senate before year-end are a setback for crypto markets, JPMorgan analysts said.
The bank raised a second concern alongside the delay: parts of the bill could actively discourage institutional adoption even if the legislation eventually passes.
The next confirmable read comes from Senate scheduling and whether specific provisions survive markup. The regulatory setup in focus Regulatory clarity is a standard line in institutional crypto allocation arguments.
JPMorgan's analysts are challenging that framing from two sides at once. The near-term case is a timing problem: Senate passage before year-end looks less likely than previously assumed.
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