Crypto legislation is picking up steam. The Block reports that lawmakers are eyeing a potential mid-May markup.
What’s moving
The Block says the bill is approaching a mid-May markup. That points to faster legislative scheduling than a long, slow grind.
What’s still stuck
The same report flags unresolved disputes. The Block specifically cites ethics disputes and political ties to former President Donald Trump as factors that cloud the path forward.
The upshot is straightforward. Even with a markup window in sight, the final shape and timing of the bill still depend on politics staying boring and process-related questions getting answered.
For anyone tracking market structure outcomes, he said, she said is the headline risk here. The details of the bill may matter, but The Block’s framing centers on whether lawmakers can clear the remaining friction before mid-May.