
Clarity Act Likely to Miss Congress Deadline Before Summer Recess
Congressional leadership says the Clarity Act is unlikely to advance before lawmakers break for summer, dealing a setback to crypto market structure reform efforts.
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Congressional leadership says the Clarity Act is unlikely to advance before lawmakers break for summer, dealing a setback to crypto market structure reform efforts.

House Republicans are pushing a revised crypto bill toward a floor vote, but Democrats are pushing back hard, signaling a rocky path ahead for digital asset legislation.

Senator Cynthia Lummis has signaled that ethics rules and other provisions within the crypto Clarity Act remain open for further negotiation as the bill advances.

Bloomberg reports a major crypto bill has a real shot at passing this midterm election year, defying the conventional wisdom that Congress rarely acts on big legislation in such cycles.

President Trump is urging lawmakers to advance a crypto bill, invoking Senator Lindsey Graham's name as he calls for congressional action on digital asset legislation.

The CFTC's top official is sounding the alarm on congressional delays to the CLARITY Act, warning that inaction risks locking crypto markets in a tangle of overlapping rules.

A housing-focused bill moving through Congress contains provisions that could quietly benefit fintech companies and the crypto industry, according to reporting by American Banker.