Senate CLARITY Act stalls as ethics fight blocks July vote
The CLARITY Act faces a procedural ethics standoff in the Senate, putting a floor vote this month in real doubt and freezing the regulatory clarity the market has been pricing in.
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The CLARITY Act faces a procedural ethics standoff in the Senate, putting a floor vote this month in real doubt and freezing the regulatory clarity the market has been pricing in.
The Oregon Democrat is lobbying Senate leaders to graft Banking Committee-passed blockchain developer safe-harbor language onto the broader market-structure bill before any floor vote.
Sheriffs shifting to neutral on Section 604 — the Blockchain Regulatory Certainty Act — clears a key law-enforcement holdout and tilts the Senate bill toward floor momentum.
The August recess deadline turns a still-pending market-structure bill into a calendar problem: every week of inaction now means weeks more of the SEC-CFTC turf war the bill was written to end.
The shift is procedural, not a vote, but the SEC commissioner publicly backing a summer timeline and Saylor pressing Trump turns this from commentary into a legislative clock the market is now…
The exchange on the Senate floor turns a bill draft into a partisan referee fight, with Lummis leaning on enumerated AML controls to undercut Warren's 'loopholes' framing.
Polymarket odds have fallen to 48% from 70% in six weeks, and a washout before the recess would freeze the SEC-CFTC split that banks need before they tokenize, custody and lend against digital assets.
The bill's structural market clarity gets one realistic window before the housing debate consumes the floor, and a procedural stall now would push meaningful crypto legislation past the summer.
The Senate has roughly four working weeks before August recess to clear a bill the House already passed 294-134, and Polymarket traders have already cut 2026 passage odds to 48% from 74% a month ago.
The House Financial Services Committee hands the market a new date, yet a 60-vote cloture hurdle and at least five uncommitted Democrats keep the path to President Trump's desk genuinely uncertain.
A formal draft from Senate Banking would end years of piecemeal IRS guidance, replacing it with statutory rules on custody, DeFi, and reporting that the industry has lobbied for since 2022.
The 21st Century ROAD to Housing Act freezes any US retail digital dollar through 2030, with Elizabeth Warren, who once called CBDCs a promising alternative to private crypto, now co-authoring the…
The 60-vote cloture threshold is the binding constraint: 53 GOP seats plus only 2 Democratic votes in committee means the bill needs 6-7 Democrats it does not yet have, and the August recess clock is…
The most contested provision is a Republican ethics amendment that would limit officials' crypto ties, a fight with the President's own holdings directly in the crosshairs, and the August recess is…
The 85–5 vote embeds a CBDC prohibition into an unrelated housing package, foreclosing any U.S. central bank digital dollar at least through 2030 even as Europe and China push ahead with pilots.
The American Gaming Association, the Indian Gaming Association, and the Association of Gaming Equipment Manufacturers…
The US Senate Banking Committee has published a 309-page draft of the CLARITY Act, giving members until tomorrow to…