Crypto Clarity Act update, my 2 cents
Obviously not the result we wanted — a 49-50 vote on the Senate floor. It’s a shame the vote became political instead of staying focused on sound policy. Huge credit to Senator Cynthia Lummis of Wyoming for her relentless effort and negotiation to get this bill across the finish line.
The CLARITY Act is dead for now. Realistically, we’re probably looking at late 2027 (after the midterms) before there’s any real chance of a revote.
But there’s still light at the end of the tunnel.
CFTC Chair Mike Selig and SEC Chair Paul Atkins have both made it clear — they will move forward with crypto market structure rules using existing authority, with or without new legislation.
As Brian Armstrong put it: “We can’t wait on Congress anymore… clarity is coming to crypto regardless.”
The fight for real regulatory clarity isn’t over.
