PANews reported on April 11 that, according to CoinDesk, Ron Hammond, head of policy at crypto market maker Windemute, said that the probability of the Clarity Act, the U.S. crypto market structure bill, passing this year is about 30%. Although there have been some signs of progress in Washington, the legislative process is still hampered by multiple factors.

Hammond points out that the bill aims to clarify the division of responsibilities between the SEC and CFTC in the regulation of digital assets, but current negotiations are progressing unevenly, with the timeline repeatedly delayed. Market research indicates that there are still significant differences in expectations regarding the bill's passage.

The main resistance comes from traditional banking institutions, particularly due to significant disagreements surrounding whether stablecoins should offer yields, with related compromises repeatedly stalled. Furthermore, internal divisions within the Democratic Party, issues such as DeFi compliance and anti-money laundering, and potential political factors also add uncertainty to the legislation.

Nevertheless, Hammond believes there is still room for the bill to move forward, but whether it can be passed within the year depends on whether key disagreements can be resolved.