U.S. Senate Puts Off Crypto Clarity Act for Now as It Focuses Limited Bandwidth Elsewhere
Lawmakers face ethics, banking and enforcement disputes as the bill loses momentum, with Polymarket putting its chance of becoming law in 2026 at 33%.
- Senate Majority Leader John Thune ruled out passage of the CLARITY Act before the August recess, removing a critical deadline industry supporters had viewed as essential for passage this year.
- Ethics disputes and banking opposition weakened confidence in the bill, as Senate Democrats demand restrictions preventing senior officials from profiting from crypto ventures and banking groups oppose stablecoin reward provisions.
- Polymarket odds for the CLARITY Act fell to 33%, down from above 80% in late February, while Republicans hold 53 Senate seats and need seven Senate Democrats to reach the 60 votes required.
- Goldman Sachs CEO David Solomon said he was "very supportive" of advancing the legislation because it would establish clearer operating rules for digital asset companies, as did Coinbase CEO Brian Armstrong.
- Ron Hammond of Wintermute identified a narrow window for passage after November, though the bill must compete with funding deadlines and defense legislation as the Senate calendar shrinks before the August recess.
17 Articles
17 Articles
Clarity Act Faces November Timeline as Election Politics Slow Senate Progress
The CLARITY Act has lost momentum after Senate leaders ruled out passage before the August recess. Political disputes surrounding ethics rules and crypto oversight continue to dominate Senate discussions. As a result, attention has shifted toward a possible November window when election pressures may ease. Election Politics Pushes Clarity Act Beyond August The CLARITY Act has entered another period of uncertainty after Senate Majority Leader Joh…
Major Update for XRP Holders: White House On CLARITY Act Passing Before August
Fresh comments from White House crypto advisor Patrick Witt have offered new insight into the future of the Digital Asset Market Clarity (CLARITY Act). While Senate Majority Leader John Thune recently indicated the legislation is unlikely to pass before August, the White House continues to express confidence that the bill will make meaningful progress in the coming days. Weighing in on this development in a tweet, crypto enthusiast Diana pointed…
CoinStats - CLARITY Act News Today: What Changes Inside N...
CLARITY Act News: Blockchain Association and Fidelity Urge Senate VoteThe Act is facing a crucial moment as crypto groups push the U.S. Senate to move forward with the digital asset market structure bill. With lawmakers divided and the August recess deadline approaching, investors are watching closely. A 30% approval outlook has put the CLARITY Act 2026 future under pressure. The latest updates reveal new industry support, regulatory changes, an…
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