The deadline is running out for the implementation of the crypto market structure bill, which aims to cementing crypto industry goals and regulations into law, making it more difficult for a future administration to undo these rules. The bill has not made significant progress in a month, with lawmakers set to leave town to focus on their campaigns before Memorial Day. The crypto industry has urged a markup hearing in the Senate Banking Committee, which would be the first step toward overall passage. However, it is unclear how close the committee is to moving forward. Stablecoin yield continues to dominate the conversation, but other outstanding issues have not been resolved either.