The U.S. House Committee on Financial Services is preparing to markup the CLARITY Act, a proposed crypto market structure bill, on June 10, 2025, at 10:00 AM EST. The legislation aims to establish clear regulatory standards for digital assets, balancing innovation with investor protection. The bill has sparked debate among lawmakers, with Republicans emphasizing the need for the U.S. to maintain leadership in the digital asset space and advocating for rules that empower innovation. Democrats have raised concerns about the potential impact of the CLARITY Act beyond the crypto sector and criticized the Securities and Exchange Commission's (SEC) current approach to crypto regulation. The SEC is also holding an industry roundtable on decentralized finance (DeFi) scheduled for June 9, 2025, with Chairman Paul Atkins delivering opening remarks. Industry groups have urged lawmakers to include provisions protecting software developers within the legislation. The hearing process has included scrutiny of former President Donald Trump's crypto ventures. Lawmakers and industry representatives continue to discuss the need for regulatory clarity to foster institutional adoption of digital assets and to address perceived favoritism toward traditional finance. The CLARITY Act markup session is expected to be extensive, reflecting the complexity and importance of the legislation in shaping the future of the U.S. crypto market.