The U.S. Senate is under pressure to pass the crypto market structure legislation before the end of the year. Cody Carbone, a key figure in the legislative process, highlighted the urgency, noting that time is running out not only for the current calendar year but also for this session of Congress. The bill aims to establish clearer regulatory frameworks for the cryptocurrency industry, which has been a topic of significant debate among lawmakers. As the year-end approaches, the Senate's ability to address this legislation is critical, with potential implications for the future of crypto regulation in the United States. The outcome of this legislative effort is being closely monitored by industry stakeholders and policymakers alike.