When Will The CLARITY Act Pass?
The post When Will The CLARITY Act Pass? appeared on BitcoinEthereumNews.com.
The crypto industry and investors are awaiting the completion of the US CLARITY Act, which has been delayed amid partisan politics and industry concerns. The bill would rewrite the rules of the road for the crypto industry, from which agency oversees it to regulations for decentralized finance (DeFi). Currently, lawmakers in the US Senate are hammering out the details, with significant points of contention. Democrats want a bipartisan bill with ethics provisions and a bailout prohibition that Republicans roundly rejected. The crypto industry itself has taken issue with some of the provisions. Namely, Coinbase, the largest crypto exchange in the US, doesn’t want a bill that prevents it from offering stablecoin yields. The US bank lobby opposes such yields, saying they threaten deposits and the stability of the financial system. The bill has gone through several iterations. Here’s a look at how far it’s come: May 2025: CLARITY comes to Washington House Committee on Financial Services Chairman French Hill first introduced the CLARITY Act on May 29, 2025. The goal of the bill, according to the committee, was to establish “clear, functional requirements for digital asset market participants, prioritizing consumer protection while fostering innovation.” The committee said the bill was needed for several reasons, mainly that digital assets represented the next step in digital financial innovation and that the regulatory status quo was stifling possibilities. June-July 2025: House passes crypto bill The House of Representatives moved with uncharacteristic speed on the CLARITY Act. In June, the bill moved through markup sessions in the House committees on agriculture and financial services and was placed on the calendar for a vote on the floor by June 23. On July 17, the House of Representatives passed the bill, 294-134. The vote found more support among Republicans. Some 216 Republicans supported the bill, none…
Filed under: News - @ February 17, 2026 3:28 am