CLARITY Act: US crypto market-structure bill stalls in the Senate
- —House vote: 294-134, with all 216 Republicans and 78 Democrats in favor
- —Senate vote: 49-50, no Democrats in favor and four Republicans opposed
- —The bill splits oversight between the SEC and CFTC and requires federal exchange registration
- —January 3, 2027 deadline: unpassed bills expire with the 119th Congress
Why it matters: Without the law, US crypto rules remain at the discretion of the SEC and CFTC, and exchanges still lack a single federal spot-trading license.
Source: CryptoTicker