A Coinbase executive and crypto adviser predict the Senate Banking Committee will hold its markup on the Digital Asset Market Clarity Act this month, leaving time for a potential Senate floor vote in June as lawmakers target July 4 passage.
Patrick Witt, a crypto adviser, stated that the Senate Banking Committee plans to conduct its markup during May. This schedule would leave four working weeks in June for the bill to reach the Senate floor, he said. The forecast aligns with earlier reports that the panel is preparing for a bipartisan markup the week of May 11, following compromises on stablecoin provisions.