US lawmakers propose amendment to crypto market structure bill before markup

INSUBCONTINENT EXCLUSIVE:
US lawmakers on the House Financial Services Committee are expected to meet for a markup hearing on Tuesday to consider a cryptocurrency
market structure bill, which could be amended to add protections for blockchain developers.According to a notice released ahead of the
hearing, committee chair French Hill introduced an amendment to the Digital Asset Market Clarity Act of 2025, otherwise known as the CLARITY
structure law, certain blockchain developers or service providers would not be considered money transmitters or subject to their
registration requirements.The provision for blockchain developers appeared to originate from the Blockchain Regulatory Certainty Act,
legislation spearheaded by Representative Tom Emmer and a bipartisan group of lawmakers in May
Many crypto advocacy groups, including the Blockchain Association, called on lawmakers to combine the two bills.Part of the proposed
amendment to the CLARITY Act
Source: House Financial Services CommitteeThe Tuesday markup hearing will include a crucial discussion and vote for amendments to the
CLARITY Act before potentially sending the bill to the full chamber
other Democrats will vote for the CLARITY Act if the time comes
impacting the crypto industry has suggested he will support the market structure bill
Ritchie Torres is a co-sponsor of the CLARITY Act and the Blockchain Regulatory Certainty Act
Cointelegraph reached out to a representative for Torres but had not received a response at the time of publication.Magazine: Crypto wanted