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Crypto

U.S. CLARITY bill keeps clashing over crypto ethics, momentum cools rapidly

The U.S. Senate’s CLARITY crypto market structure bill is losing momentum amid a partisan fight over how to enforce ethics provisions. A key dispute is whether state attorneys general should be able to sue the Justice Department if the federal government fails to enforce crypto ethics rules. Some Republicans and the White House have stepped back from earlier enforcement proposals, while Democratic senators who backed the bill in committee are not promising support on the Senate floor.

Crypto

CLARITY Act passage odds fall from 75 percent to 60 percent on Senate schedule, stablecoin issues

The odds of the U.S. Congress passing the CLARITY Act in 2026 have fallen to 60 percent from 75 percent, reflecting a tighter Senate calendar and delays tied to ethics and illicit finance issues. Galaxy Digital lowered its forecast, citing limited time before the August recess and the need for 60 Senate votes. Disputes over stablecoin rewards and unfinished work to merge committee revisions also weigh on progress.

Crypto

One in 4 U.S. adults hold crypto as Clarity Act floor vote nears

About 67 million people in the United States hold cryptocurrencies, or about 1 in 4 adults, as ownership spreads rapidly, the National Cryptocurrency Association said, citing a survey of 10,000 adults conducted with Harris Poll. New holders rose by 12 million, it said. The figures come as Congress considers the 2025 Digital Asset Market Clarity Act, which would split oversight between the CFTC and the SEC and has moved out of the Senate Banking Committee.