JPMorgan Chase (NYSE:JPM) notes that the crypto industry’s long-awaited market structure legislation, the CLARITY Act, could face further delays as political hurdles mount ahead of the U.S. midterm elections.
"Timing May Also Prove Pivotal"
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JPMorgan analysts led by Nikolaos Panigirtzoglou on Wednesday raised the risk that crypto market structure reform may not be completed this year.
The analysts had previously viewed passage of the bill as a potential bullish catalyst for digital assets in the second half of 2026.
