Clarity Act

Galaxy has lowered the odds of the CLARITY Act to 10%, citing multiple obstacles. These concerns include unresolved ethics, stablecoin yield issues, and developer protection problems. Furthermore, the legislative push faces a narrow window until lawmakers return in September.

The SEC canceled a meeting concerning proposed crypto offering rules. This cancellation occurred because the Senate departed for recess without voting on the CLARITY Act.

Bitcoin (BTC) maintained a price above $65,000 even though the Senate postponed consideration of the CLARITY Act until the fall.

Former US Defense Secretary Mark Esper stated that the CLARITY Act is not merely a financial services bill, arguing instead that it constitutes a national security bill.

XRP was noted for leading major losses, and simultaneously, the vote for the Clarity Act has been postponed until September.

Senate Majority Leader John Thune confirmed to The Block that the Clarity Act vote has been delayed until after the August recess. He stated that they are getting the act queued up first thing when they return.

The US Senate is reportedly delaying a vote on the CLARITY Act until September. John Thune, the Senate Majority Leader, reportedly confirmed that the chamber was pushing the vote to this later date.

A bipartisan counteroffer for ethics language in a cryptocurrency bill requires federal officials, including Donald Trump, to divest certain ownership stakes if they exceed $1 million and represent 10 percent or more of a firm's value. The provision was sent by Sens. Thom Tillis and Ruben Gallego to address concerns about crypto businesses. While the state attorneys general’s authority remains a major sticking point in discussions, the language is known as the Clarity Act.

Senators and tribal gaming regulators are advocating to include a prediction markets provision in the Clarity Act, aiming to maintain state control over sports betting and opposing federal regulatory efforts.

SEC Commissioner Hester Peirce expressed optimism that the Clarity Act, a crypto market structure bill, will pass before the Senate recesses. The bill aims to clarify regulatory authority over the crypto spot market and address concerns raised by the banking lobby and lawmakers.

The Clarity Act remains inactive regarding ethics concerns involving Trump, while Warren has requested the SEC to investigate him.

The Senate is set to recess this weekend, leaving limited time to pass the CLARITY Act, a crypto regulation bill that received bipartisan support in the House in 2025. The bill aims to grant federal agencies enhanced powers to monitor digital assets, and Coinbase Vice Chair Ryan VanGrack expresses optimism about its potential passage before the recess.

The Blockchain Association responded to claims made by the National Sheriffs' Association regarding legislation, asserting that the legislation would support law enforcement. The exchange occurs during a pivotal week for the Clarity Act.

Bernstein predicts further declines in crypto markets if the Clarity Act faces delays. The analysis links potential legislative stagnation to increased downward pressure on cryptocurrency values.

Bernstein stated that Congress's failure to pass the CLARITY Act could lead to further declines in crypto valuations and speed up regulatory policy support from US regulators.

Bernstein expects SEC and CFTC crypto rulemaking to accelerate under Project Crypto if the Clarity Act fails to pass this year. The analysis links the potential failure of the Clarity Act to increased regulatory activity by the SEC and CFTC.

A $90 million Bitcoin loss from cold storage due to a Coldcard exploit has negatively impacted market sentiment. The Clarity Act remains stalled with only five days left before a potential Senate vote.

Anthony Scaramucci argues Congress risks losing America's leadership in the digital economy by delaying the CLARITY Act, which aims to establish clear financial market regulations for blockchain innovation. He emphasizes bipartisan negotiations improved the bill's ethics provisions but warns against conflating it with broader federal ethics reforms.

Coinbase’s Chief Policy Officer, Faryar Shirzad, stated that younger Democrats support the Clarity Act, a bipartisan bill aimed at regulating digital assets, despite opposition from some older Democrats. He emphasized the bill’s bipartisan nature and predicted its passage due to growing public interest in crypto.

US Senators sent revised ethics rules to the White House for the CLARITY Act. The Senate faces a deadline to pass a crypto market structure bill before a recess, with ethics issues dividing lawmakers.

Bipartisan Senators Tillis and Gallego have submitted a revised ethics compromise to President Trump as part of their efforts to advance the Clarity Act. The proposal aims to secure Trump's approval for updated ethics language.

Treasury Secretary Scott Bessent urged lawmakers to pass the Clarity Act, quoting Satoshi Nakamoto, and criticized Senate Democrats, including Elizabeth Warren, for delaying the legislation. The bill, which aims to establish crypto regulation in the U.S., faces bipartisan debate with some Democrats opposing its current wording.

JPMorgan analysts stated that declining chances of the Clarity Act passing the Senate before year-end are harming crypto markets and could deter institutional adoption. The fading odds of the bill's passage are viewed as a setback for the sector's outlook.

The Major Cities Chiefs Association (MCCA) has endorsed the CLARITY Act, a bipartisan cryptocurrency regulatory bill, citing updated provisions to combat financial crimes involving digital assets. Lawmakers aim to pass the bill before the August recess, though some Democrats have raised concerns about its current version.

The article questions the future of the Clarity Act, a proposed cryptocurrency regulatory framework, and whether it is no longer viable. It focuses on implications for financial advisors navigating crypto-related compliance.

Senators are reportedly developing an idea to strengthen a concession made by Trump regarding the Clarity Act's cryptocurrency limits. The focus is on increasing the restrictions outlined in the Act.

Republican Senator Cynthia Lummis criticized Democrats for delaying the Clarity Act, a bipartisan bill aimed at creating a regulatory framework for the cryptocurrency market. The bill has faced stalls despite bipartisan drafting and support from financial institutions, with Democrats expressing concerns over its current version.

Democratic Senator Catherine Cortez Masto supports the revised Clarity Act with law enforcement changes aimed at resolving crypto regulation. The bill, backed by two law enforcement groups, addresses developer protections and ethics, and has been sent to the White House for consideration. Bipartisan efforts continue amid remaining legislative hurdles.

The SEC is prepared to establish crypto regulations if the Clarity Act fails to pass. The bill was passed by the House a year ago, cleared the Senate Banking Committee in May, and awaits a floor vote.

The Clarity Act, which previously boosted Bitcoin's price, now faces Senate obstacles due to Trump's crypto ventures and bank objections.

Digital Currency Group (DCG) urged the U.S. Senate to pass the Clarity Act, warning that failure to establish clear crypto regulations risks losing competitive ground to jurisdictions like Singapore and the UAE. The bill, which has bipartisan support but faces Democratic criticism, aims to provide regulatory certainty for the industry while addressing concerns from lawmakers and banking officials.

XRP's price is declining due to the Senate not passing the Clarity Act and uncertainty surrounding the Federal Reserve's decision. The cryptocurrency's charts show diminishing support zones, increasing market anxiety.

BlackRock, Fidelity, and other Wall Street firms support the Clarity Act, which aims to improve transparency in financial markets. The legislation has backing from major investment companies.

Bitcoin prices declined amid falling South Korean stocks, and the U.S. Senate postponed the crypto Clarity Act. The market movements and legislative delay highlight ongoing uncertainty in the cryptocurrency sector.

New York Attorney General Letitia James warned that the federal CLARITY Act could restrict state regulators' ability to enforce crypto rules and urged Congress to strengthen consumer protections for digital asset platforms.

NY Attorney General Letitia James warned that the Clarity Act would weaken states' ability to police the crypto industry. She urged Congress to tighten the legislation to preserve state enforcement power against fraud.

The Clarity Act's prospects decline despite support from Goldman Sachs, Fidelity, and law enforcement. BitMEX will close as the crypto market consolidates into five major players.

Fidelity has urged the US Senate to pass the CLARITY Act, aligning with industry groups and crypto firms advocating for legislative changes to market structure. The push emphasizes collaboration across the financial and cryptocurrency sectors to address regulatory needs.

Senate Republicans are advancing the Clarity Act to regulate cryptocurrency and include ethics provisions targeting President Donald Trump’s financial interests. Democrats argue the legislation fails to adequately prevent Trump from profiting off crypto. The bill includes measures like banning officials from creating profit-driven digital currencies and requiring disclosures, though critics claim it does not fully address conflicts of interest.

Senate Republicans are advancing the Clarity Act, a cryptocurrency regulation bill with ethics provisions targeting President Trump's crypto profits, while Democrats argue the measures are insufficient to prevent conflicts of interest. The bill includes restrictions on federal officials creating or endorsing digital currencies for profit and requires disclosures, but Democrats like Elizabeth Warren claim it fails to stop Trump from benefiting publicly from crypto.