
The Clarity Act has been pushed to September, extending the period of uncertainty around the rules governing the crypto market. Despite the delay, banks are continuing to develop their plans and infrastructure, according to a CoinDesk opinion article by Matter Labs’ Vassilis Tziokas. The article argues that each month without settled regulation strengthens closed, proprietary platforms—the “walled garden”—by making it harder for a broader, more open market structure to emerge. The development highlights a contrast between legislative delays and continued institutional preparation. However, the supplied material does not provide details on which banks are involved, what products they are building, or how the proposed legislation may change market access. The Clarity Act’s expected movement to September therefore remains a key regulatory timing point for digital-asset markets.