TD Cowen has indicated that the crypto market structure bill could face delays until 2027, though this lacks confirmation from primary sources or involved stakeholders. Despite these rumors, significant legislative efforts continue, with key figures like Senate Banking Committee Chair Tim Scott and Sen. Cynthia Lummis actively engaging with industry participants to discuss crypto policy priorities. Recent legislative activities, including discussions on the CLARITY Act and the Responsible Financial Innovation Act of 2025, suggest ongoing efforts to achieve regulatory clarity in the digital asset space. While the potential delay raises concerns about market trust and regulatory impacts, no official reports confirm significant shifts in funding or market stability related to these uncertainties. Market participants are advised to monitor legislative developments closely as updated regulatory frameworks could soon emerge.