The Clarity Act is dying and nobody noticed because we’re all watching Bitcoin bounce

The Clarity Act, aimed at providing regulatory clarity for the crypto industry, is at risk of failing due to Senate stalling despite urgent efforts from over 100 industry signatories. The bill's deadline is Memorial Day (May 25), after which legislative progress will halt for campaigns, and key issues like stablecoin yield remain unresolved. The crypto community's focus on Bitcoin's price movements overshadows critical structural regulatory debates.