Brady Dale of Coindesk said March 3 that alternative pathways for cryptocurrency regulatory clarity, such as agency rulemaking, are being considered as market structure legislation faces repeated delays in Congress.
The discussion comes at a time when the Senate has missed several deadlines for advancing the Clarity Act, which aims to address regulatory issues between banking and crypto firms regarding stablecoin yield. According to Dale in an opinion column published by CoinDesk, the piece addresses pathways to regulatory clarity for the cryptocurrency industry following the White House deadline for a deal between banking and crypto firms on stablecoin yield to advance the Clarity Act. The column highlights agency rulemaking as an alternative avenue for providing certainty to digital assets.
Dale said, “But legislation is not the only path. It’s crypto’s game to lose. Trump appointed a veteran, Paul Atkins, who knows how to write regulations that will withstand legal challenges. Trump’s decision to appoint Paul Atkins may already have been sufficient to give the industry enough legal whitespace to reach its potential,” according to his opinion column published by CoinDesk.
Approximately 30 percent of American adults own cryptocurrency, representing about 70.4 million people and showing a slight increase from the prior year. The report indicates that ownership has stabilized following earlier market volatility and that a majority of owners expect values to rise, according to the Cryptocurrency Adoption and Sentiment Report.
The United States ranks second globally in crypto adoption according to the Chainalysis Global Adoption Index. North America saw a 49 percent growth in crypto transaction volume over the past year and received over 2.2 trillion dollars in crypto value. The region maintains its position as one of the largest markets by absolute transaction volume.
The U.S. cryptocurrency market generated revenue of 1,497.3 million dollars in 2025 and is projected to reach 4,197.7 million dollars by 2033 at a compound annual growth rate of 14.1 percent according to Grand View Research. Hardware represented the largest revenue-generating component that year. The expansion reflects growing interest in digital assets across the country.
