Senator Bernie Moreno said the CLARITY Act is approaching a critical deadline, describing it as Congress’s last credible opportunity in the current cycle to establish U.S. crypto market-structure rules. According to the source, Moreno delivered the warning at a Washington event on April 22 and tied the bill’s urgency to growing political constraints and lobbying from banks. Market-structure legislation generally determines which regulators oversee digital assets and how trading venues, brokers, and issuers must operate, making it a core issue for the U.S. crypto industry.