The post CLARITY Act Gains Momentum Again: What the Proposed U.S. Crypto Bill Means for Bitcoin and Regulation appeared on BitcoinEthereumNews.com.

The post CLARITY Act Gains Momentum Again: What the Proposed U.S. Crypto Bill Means for Bitcoin and Regulation appeared first on Coinpedia Fintech News During the current crypto market downturn, the proposed CLARITY Act is gaining renewed attention in the United States. The bill aims to create clear rules for digital assets and determine which government agencies will regulate different parts of the crypto industry. Kristin Smith believes the legislation could pass by July 2026, although the political process remains complex. Her timeline is similar to projections from analysts at JPMorgan, who also expect the bill to be approved around mid-year. However, some industry leaders are even more optimistic. Brad Garlinghouse previously suggested that the chances of the bill passing could reach 90% by April, reflecting strong confidence within parts of the crypto sector. What Went Wrong? Despite early optimism, the CLARITY Act briefly lost momentum earlier this year. The turning point came when Brian Armstrong withdrew support for the legislation, arguing that parts of the proposal appeared to favor the traditional banking sector. The sudden criticism created uncertainty across the industry and raised concerns that the window for passing the bill in 2026 could close. For a time, many believed the proposal might stall entirely. Political Challenges Still Remain Even with renewed momentum, passing a standalone crypto bill in Washington remains difficult. Unlike other legislation, the CLARITY Act cannot easily be attached to larger government spending bills without bipartisan support. The proposal also faces criticism from lawmakers such as Elizabeth Warren, a vocal critic of the crypto industry. However, support from leaders like Chuck Schumer and Ruben Gallego could help move the bill forward in Congress. Meanwhile, the administration of Donald Trump has also become increasingly involved. Advisors such as David Sacks and Patrick Witt are reportedly working to…

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Filed under: News - @ March 7, 2026 11:22 am