Crypto industry representatives expect little substantive legislative progress during Congress' lame duck session after the failed Digital Asset Market Clarity Act effort. Digital Chamber CEO Cody Carbone said competing priorities leave little time for crypto legislation and lawmakers appear to be moving beyond Clarity. President Donald Trump has nominated two people each to the SEC and CFTC, and financial policy analyst Jaret Seiberg expects confirmation before Congress adjourns for the year. A bipartisan infrastructure bill could accelerate permits for data centers used in bitcoin mining while requiring full payment for energy use. Industry representatives remain ready to respond to legislative opportunities or threats, including possible action on crypto taxes.
