CLARITY Act Talks Resume as 7 Democrats Seek Revival
The Democrats said the bill could cut token-classification uncertainty and lower compliance costs, but state licensing rules would still remain.
- On Wednesday, seven Senate Democrats reopened negotiations over the Digital Asset Market CLARITY Act after the chamber rejected cloture in a 49-50 vote on Tuesday, describing the result as 'not the end' of their legislative effort.
- Republicans previously made 126 substantive changes requested by Democrats, yet parties remain divided over ethics provisions restricting President Trump's ability to profit from crypto ventures.
- Bitwise chief investment officer Matt Hougan called the setback a 'speed bump, not a roadblock,' while Securities and Exchange Commission and Commodity Futures Trading Commission continue advancing rules under existing authority.
- Congressman Shri Thanedar noted only 20 legislative days remain in this Congress, presenting a 'major barrier' to compromise, while the House Ways and Means Committee advanced a separate crypto tax bill by 38-5.
- Industry analysts cite the Guiding and Establishing National Innovation in US Stablecoins Act, which failed cloture in May 2025 before passing the Senate 11 days later, as precedent that CLARITY could still secure 60 votes.
10 Articles
10 Articles
CLARITY Act talks resume as 7 Democrats seek revival
Seven Senate Democrats have reopened negotiations over the CLARITY Act after the chamber rejected cloture in a 49-50 vote, leaving the crypto market structure bill 11 votes short of the 60 required to begin debate. Coinme CEO and co-founder Neil…
CLARITY Act needs 3 more senators and a race against the clock for a 2026 revival
Seven Democratic senators said Sept. 16 that CLARITY's failed Senate vote was not the end. The crypto market-structure bill fell short 49-50 the previous day on a procedural motion that needed 60 votes to advance. Getting from that statement to a law now depends on a compressed legislative calendar, still-unresolved policy disputes, and a House […]
Kevin O'Leary said the Clarity Act should return to the Senate early next year, after the vote that fell below 60 votes.
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