White House crypto lead Patrick Witt is staying on the CLARITY Act talks for now, but Senate negotiations are still bogged down over ethics, stablecoin rewards, developer liability and enforcement powers. The clock is ticking, and “almost done” is doing a lot of heavy lifting.
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The CLARITY Act’s Senate push is getting tangled in Trump ethics concerns and a DeFi developer fight, with bipartisan support still shaky and recess looming. Polymarket now gives it just a 31% chance of becoming law in 2026.
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Coinbase is now backing a tougher CLARITY Act after Senate Democrats secured stronger consumer protections, but the bill is still stuck in a Trump ethics fight that could delay or derail a vote. For now, Washington has more drama than clarity.
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The Senate Banking Committee has advanced the CLARITY Act in a 15-9 vote, moving the crypto market-structure bill to the Senate floor. Backers say it could finally bring clearer rules, while critics know Washington can still turn “clarity” into chaos if it tries hard enough.
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The Senate’s CLARITY Act is bogged down in partisan games and a 60-vote math problem, even as Cardano ships a governance upgrade and MetaMask faces a supply-chain security scare. Meanwhile, Bitcoin traders keep watching leverage, macro pressure, and mining centralization.
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Bitcoin is facing three fights at once: a disputed consensus-level proposal, a looser relay policy for Ordinals and Runes, and fresh U.S. CLARITY Act momentum. Different layers, same stakes — and a reminder that Bitcoin’s battles aren’t just technical, they’re political too.
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Chainlink Labs’ Andrew McCormick says the CLARITY Act could be the legal unlock institutions have been waiting for by defining SEC vs. CFTC oversight. But it’s not a magic wand: clearer rules could mean more compliance, too.
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The CFTC may be handed broad spot crypto oversight under the CLARITY Act just as it’s running on a skeleton crew. Congress wants clarity; the agency has four empty commissioner seats, a staffing crunch, and a workload that could make enforcement a real mess.
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The CLARITY Act is running out of Senate runway, and if lawmakers miss July’s floor windows, crypto’s long-promised market-structure rules could slip into the legislative abyss. Between SEC-CFTC turf wars, ethics fights, law-enforcement pushback, and bank objections, this one is far from a clean win.
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CLARITY has spent a year stuck in the Senate while Congress keeps favoring narrower crypto bills that are easier to pass and harder to fight over. GENIUS became law; market structure reform remains mired in politics, ethics fights, and Washington’s love of half-measures.
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