Punchbowl News survey shows Hill aides doubt crypto tax bill passes this year

• A Punchbowl News poll indicates that only 10% of Congressional staffers believe a crypto tax bill will pass before the end of 2026 due to a crowded legislative calendar and political hurdles.
• Despite House approval of the Digital Asset Tax Certainty Act (H.R. 10357), which includes provisions for de minimis relief and stablecoins, Senate progress remains uncertain, mirroring past legislative failures.
• The continued uncertainty surrounding crypto taxation will impact traders, builders, and investors, delaying clarity on provisions like de minimis relief and stablecoin rules.

Topics: Legal regulatory, Jurisdictions, Public market access, Securities law classification, Regulatory sandboxes pilots, Bitcoin etf

Tags: #cryptotaxbill #hillstaffers #lameducksession #digitalassets #deminimisrelief #stablecoins #washsalerules #senate #housewaysandmeanscommittee #uncertainty

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Coinbase-Backed Crypto Group Warns of Midterms Payback After Clarity Act Fails

The Coinbase-backed Stand With Crypto will add senators’ votes to its scorecards as it rallies crypto voters ahead of November’s elections.

• The Coinbase-backed Stand With Crypto group is warning of electoral consequences after the Senate failed to pass the Clarity Act, which aimed to establish federal rules for digital assets.
• The group plans to use senators' votes on the bill to inform their 'lawmaker scorecards' and mobilize crypto voters ahead of the November midterms.
• The failure to advance the bill highlights ongoing disagreements regarding oversight between the SEC and CFTC, and includes concerns from banking groups about stablecoin rewards.

Topics: Legal regulatory, Political endorsements opposition, Blockchain usage, Securities law classification, Pro innovation policy, Legislative debates, Stablecoins digital cash

Tags: #clarityact #standwithcrypto #coinbase #senate #midterms #digitalassets #stablecoins #sec #cftc #cryptovoters

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French Hill Eyes Bipartisan Path For Clarity Act

The lawmaker said that Democrats and Republicans have narrowed their differences when it comes to passing the bill.

• U.S. Congressman French Hill is pushing for bipartisan support to pass the Clarity Act, a crypto market structure bill, before the midterms.
• The bill aims to establish a regulatory framework for digital assets, distinguishing between securities, commodities, and stablecoins, with a key remaining issue being an ethics provision.
• Despite past delays and disagreements, a vote is scheduled for September 15, with proponents like Coinbase and former President Trump emphasizing the need for clear regulations to maintain U.S. leadership in the crypto space.

Topics: Legal regulatory, Jurisdictions, Institutional adoption, Securities law classification, Cross jurisdictional policy, Onboarding prime brokerage

Tags: #clarityact #frenchhill #cryptoregulation #bipartisansupport #houseofrepresentatives #senate #securities #commodities #stablecoins #ethicsprovision

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CLARITY Act misses Senate agenda as deadline nears

The CLARITY Act missed the Senate’s Aug. 4 agenda as the recess deadline neared, sending its 2026 Polymarket odds down to 23%.

• The CLARITY Act, a crypto market structure bill, missed its scheduled slot in the U.S. Senate due to legislative deadlines and ongoing disputes over DeFi regulation.
• The bill's chances of passage in 2026 have significantly decreased, with Polymarket odds falling to 23%, reflecting market uncertainty and procedural hurdles.
• Key players like the Blockchain Association and National Sheriffs' Association are in disagreement over DeFi's regulatory treatment, adding pressure to the bill's advancement.

Topics: Legal regulatory, Jurisdictions, Political endorsements opposition, Securities law classification, Cross jurisdictional policy, Legislative debates

Tags: #clarityact #senate #cryptomarketstructure #defi #blockchainassociation #polymarket #hr3633 #legislativedeadline #regulatoryframework

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Grayscale Presses Senate to Advance CLARITY Act Before Break

CLARITY Act vote pressure grows as Grayscale urges Senate action before recess amid disputes over ethics and stablecoin rewards.

• Grayscale is urging the U.S. Senate to pass the CLARITY Act before the August recess, citing regulatory uncertainty as a barrier to institutional investment in digital assets.
• The bill, which aims to establish federal rules for digital asset trading and supervision, has passed the House and advanced in the Senate, but negotiations continue on ethics, stablecoin rules, and developer protections.
• The outcome of these negotiations and the Senate's legislative calendar will determine the future regulatory landscape for digital assets in the U.S., impacting competitiveness with other jurisdictions.

Topics: Legal regulatory, Jurisdictions, Institutional adoption, Securities law classification, Cross jurisdictional policy, Asset manager initiatives

Tags: #clarityact #grayscale #senate #stablecoin #digitalassets #regulation #cftc #sec #institutionalparticipation #legislativeaction

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CLARITY Act stalls as Trump vows to ‘SAVE America’ first – Approval falls to 35%

The dropping approval odds are pushing the passage odds of the CLARITY Act to the November–December 2026 timeline or New Year's 2027. 

• The CLARITY Act, aimed at establishing a legal framework for digital assets, remains stalled in the Senate despite initial bipartisan support, with approval odds dropping significantly.
• Key debates revolve around disclosure requirements, illicit finance safeguards, and ethical rules for officials, with notable opposition from Senator Elizabeth Warren and criticism from the Bank Policy Institute.
• Institutional giants like BlackRock and Fidelity are lobbying for its passage, but political leverage, particularly from former President Trump, and a packed legislative calendar create substantial uncertainty regarding its timeline for approval.

Topics: Legal regulatory, Jurisdictions, Institutional adoption, Securities law classification, Regulatory sandboxes pilots, Asset manager initiatives

Tags: #clarityact #digitalassetmarket #cryptoregulation #senate #house #stablecoins #institutionalinvestors #trump #elizabethwarren #cynthialummis

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Senators said to strike idea to toughen Trump's concession on Clarity Act's crypto limits

Insiders say that the bipartisan Senate duo revamping the bill's Trump-approved ethics section have come up with something they hope wins sufficient yes votes.

• US Senators Thom Tillis and Ruben Gallego are working on a compromise for the Clarity Act's ethics provision, aiming to address concerns about cryptocurrency conflicts of interest for senior officials.
• The proposed changes are particularly focused on President Trump's business ties to crypto, with a White House-approved section facing criticism for being too lenient.
• The bill's passage is time-sensitive, with a looming August recess and potential political shifts after the midterm elections impacting its chances of becoming law this year.

Topics: Legal regulatory, Jurisdictions, Institutional adoption, Securities law classification, Regulatory sandboxes pilots, Banking depository pilots

Tags: #clarityact #cryptolimits #senate #ethicsprovision #trump #thomtillis #rubengallego #stablecoinrewards #defi #legislativecompromise

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Chainlink Exec Urges Democrats Booker and Kim to Back CLARITY Act

Chainlink executive Andrew McCormick urged Senators Cory Booker and Andy Kim to support the CLARITY Act as Senate leaders race to secure enough votes.

• Chainlink's Head of Institutional and Market Development, Andrew McCormick, urged Senators Cory Booker and Andy Kim to support the CLARITY Act.
• McCormick argued that the current U.S. crypto regulatory framework is fragmented and hinders innovation, while the CLARITY Act would protect investors and maintain U.S. competitiveness.
• The appeal comes as Senate Republicans seek Democratic votes to advance the legislation, which aims to establish a federal regulatory framework for digital asset markets.

Topics: Legal regulatory, Political endorsements opposition, Jurisdictions, Securities law classification, Pro innovation policy, Regulatory sandboxes pilots

Tags: #clarityact #chainlink #corybooker #andykim #digitalassets #regulatoryframework #blockchaininnovation #senate #sec #cftc

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Investment Giant Fidelity Backs Clarity Act

The investment giant is the latest big player to back the bill.

• Investment giant Fidelity is backing the Clarity Act, a crypto market structure bill, urging the Senate to pass it for market certainty and U.S. leadership.
• The bill faces opposition from banking chiefs concerned about stablecoin yields and potential conflicts of interest for officials, though the latest draft includes a ban on officials promoting crypto.
• Fidelity's support is driven by its management of Bitcoin and other digital asset ETFs, highlighting the growing institutional interest in regulated crypto exposure.

Topics: Legal regulatory, Institutional adoption, Public market access, Securities law classification, Asset manager initiatives, Regulatory approval process, Bitcoin etf

Tags: #fidelity #clarityact #cryptomarketstructure #sec #bitcoinetfs #stablecoins #investorconfidence #digitalassets #elizabethwarren #senate

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Clarity Act expected to miss its window before Congress' summer break, leadership says

The deadline to get the crypto market structure bill done before senators scatter will likely be missed, says Majority Leader Thune, though it may get a start before then.

• The crypto Clarity Act is unlikely to pass before Congress' summer break due to legislative hurdles and upcoming midterm election campaigns.
• Despite missing the pre-recess deadline, efforts may be made to start the Senate floor process, with some optimism from the White House that August could still see action.
• The bill faces significant opposition from both parties on various provisions, including limitations on government officials' crypto activities and stablecoin yield, highlighting ongoing regulatory uncertainty.

Topics: Legal regulatory, Jurisdictions, Political endorsements opposition, Securities law classification, Regulatory sandboxes pilots, Legislative debates

Tags: #clarityact #cryptomarketstructure #congress #summerbreak #senate #legislation #stablecoin #whitehouse #electioncampaigns #regulatoryuncertainty

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Trump and senators meet to resolve CLARITY Act deadlock before August recess

• President Trump and senators met to resolve a deadlock over the Digital Asset Market CLARITY Act, specifically concerning an ethics provision that restricts government officials' ties to the crypto sector.
• The meeting is crucial to pass the bill before the Senate's August recess, as failure could delay enactment until mid-2027.
• Market pricing suggests an increased likelihood of the CLARITY Act being signed into law by the end of 2026, contingent on a compromise regarding the ethics provision.

Topics: Legal regulatory, Political endorsements opposition, 3 1 securities law classification, 13 3 legislative debates

Tags: #clarityact #digitalassetmarket #trump #senate #ethicsprovision #governmentofficials #cryptosector #augustrecess #legislation

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Democratic Opposition to Clarity Act Grows in Crypto Bill's Do-or-Die Final Weeks

Democrats are mounting a final case against the Clarity Act centered on its lack of language restricting Trump's sprawling crypto fortune.

• Key Senate Democrats, led by Elizabeth Warren, are opposing the Clarity Act due to concerns about its lack of restrictions on President Trump's crypto dealings.
• The bill, intended to legalize most crypto activity, faces a critical deadline before the August recess, with significant political hurdles and a need for bipartisan support.
• Opposition centers on weakening financial regulations and allowing potential conflicts of interest related to the President's significant crypto profits.

Topics: Legal regulatory, Political endorsements opposition, Securities law classification, Legislative debates, Pro innovation policy

Tags: #clarityact #elizabethwarren #donaldtrump #cryptolegislation #financialoversight #blockchain #senate #democrats #republicans #lindseygraham

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La CFTC advierte que los reguladores impondrán reglas a las criptomonedas si fracasa CLARITY

Michael Selig advierte que los reguladores crearán las reglas para las criptomonedas si el Congreso no logra aprobar la Ley CLARITY.

• The CFTC warns that regulators will impose rules on cryptocurrencies if Congress fails to pass the CLARITY Act.
• The CLARITY Act aims to divide supervisory powers between the CFTC and SEC, but faces political hurdles and a tight legislative calendar.
• If legislation stalls, federal agencies will likely create regulations through administrative rules and enforcement actions, creating uncertainty for the industry.

Topics: Legal regulatory, Jurisdictions, Institutional adoption, Securities law classification, Regulatory sandboxes pilots, Banking depository pilots

Tags: #cftc #clarityact #sec #cryptocurrencyregulation #digitalassets #congress #senate #houseofrepresentatives #michaelselig #stablecoins

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Jamie Dimon Said JPMorgan Will Fight Stablecoin Yield Rules in the CLARITY Act Before Congress Breaks for Its August Recess.

• JPMorgan CEO Jamie Dimon is actively opposing the CLARITY Act's provisions for yield-paying stablecoins, warning of a potential 'shadow banking' crisis.
• The banking lobby, including JPMorgan, is pushing for a complete ban on stablecoin yields to protect traditional bank deposits, while crypto exchanges like Coinbase and Circle stand to lose revenue if yields are prohibited.
• The outcome remains uncertain as the Senate debates the CLARITY Act, with potential revisions to the bill before Congress's August recess, impacting the appeal and economics of stablecoins like USDC.

Topics: Legal regulatory, Institutional adoption, Blockchain usage, Securities law classification, Banking depository pilots, Ethereum evm l 1 s

Tags: #jamiedimon #jpmorgan #stablecoinyields #clarityact #shadowbanking #congress #usdc #coinbase #circle #senate

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Bitcoin et le Clarity Act

Le Digital Asset Market Clarity Act of 2025, plus connu sous le nom de Clarity Act, est un projet de loi américain visant à définir un cadre juridique pour les actifs numériques et à clarifier les compétences des principaux régulateurs fédéraux. Son objectif est de mettre fin à plusieurs années d’incertitude réglementaire en définissant clairement […]

• The Clarity Act is a proposed US law aiming to define a legal framework for digital assets and clarify the roles of the SEC and CFTC.
• The bill has passed the House and is facing hurdles in the Senate, with negotiations focused on ethical safeguards and potential conflicts of interest.
• While the Clarity Act's direct impact on Bitcoin may be limited, it could indirectly boost institutional investment by providing greater legal certainty to the digital asset market.

Topics: Legal regulatory, Jurisdictions, Institutional adoption, Securities law classification, Regulatory sandboxes pilots, Onboarding prime brokerage

Tags: #clarityact #digitalassets #sec #cftc #regulation #bitcoin #congress #senate #houseofrepresentatives #stablecoins

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Galaxy Digital cuts CLARITY Act odds as Tim Scott pushes ahead

The chances of the CLARITY Act becoming law in 2026 have narrowed after Galaxy Digital reduced its approval odds to 50%, even as Senate Republicans continue pushing for a vote when lawmakers return from recess. According to journalist Eleanor Terrett,…

• Galaxy Digital has reduced its odds for the CLARITY Act passing in 2026 to 50% due to ongoing negotiations on key policy differences.
• Senator Tim Scott supports a July Senate vote, emphasizing the bill's potential to provide regulatory clarity and foster innovation in the US.
• Outstanding issues include ethics rules, AML measures, and market oversight, with the bill's timing potentially delayed by the Senate's legislative calendar.

Topics: Legal regulatory, Political endorsements opposition, Securities law classification, Legislative debates, Pro innovation policy

Tags: #clarityact #timscott #galaxydigital #cryptomarketstructure #senate #regulation #digitalassets #legislativenegotiations #amendments #bipartisansupport

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Galaxy Research Cuts CLARITY Act Passage Odds To 50-50 As Senate Clock Runs Out

Galaxy Research cut its odds of the Senate passing the CLARITY Act to 50-50, citing dwindling time before Congress's August recess and mounting legislative uncertainty.

• Galaxy Research has lowered its odds for the CLARITY Act's passage to 50-50 due to a tight Senate calendar and unresolved legislative issues.
• The bill aims to establish a comprehensive regulatory framework for digital assets, defining jurisdictional lines between the SEC and CFTC.
• Key challenges include finalizing merged texts, resolving ethics concerns, and securing floor time amidst competing legislative priorities before the August recess.

Topics: Legal regulatory, Jurisdictions, Political endorsements opposition, Securities law classification, Regulatory sandboxes pilots, Legislative debates

Tags: #clarityact #digitalassetmarketstructure #sec #cftc #blockchainregulatorycertaintyact #senate #congress #legislativeuncertainty #alexthorn #galaxyresearch

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Senate races to advance crypto legislation in July as housing bill turmoil threatens timeline

A sweeping cryptocurrency bill faces a narrowing path to passage as pressure grows on the Senate to take up the legislation next month.

• The Senate is facing a narrowing window to pass comprehensive cryptocurrency legislation, the Clarity Act, before the August recess and upcoming elections.
• Key sticking points include ethics rules for federal officials and illicit finance provisions, with Democrats indicating they will not support the bill without these changes.
• Despite optimism from some supporters, industry sources and Senate staff express concerns about the bill's passage timeline, suggesting it might be pushed to a lame-duck session.

Topics: Legal regulatory, Jurisdictions, Scalability, Securities law classification, Regulatory sandboxes pilots, Market depth liquidity

Tags: #clarityact #cryptocurrencylegislation #senate #regulatoryframework #sec #cftc #stablecoin #ethicsrules #illicitfinance #lameducksession

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Ripple deploys CLARITY truck as Senate delay clouds crypto bill

Ripple has stepped up its public campaign for the CLARITY Act as the legislation faces a narrower path through Congress following a Senate recess and competing legislative priorities in Washington. According to Ripple, the company has deployed a mobile advertising…

• Ripple has launched a public campaign with a mobile truck in Washington D.C. to advocate for the CLARITY Act, a crypto market structure bill.
• The bill faces a tighter legislative timeline due to Senate recess and competing priorities, despite the DOJ stating it would not weaken law enforcement's authority.
• The campaign aims to maintain momentum for the CLARITY Act, which Ripple believes will protect consumers, foster innovation, and enhance U.S. competitiveness in digital assets.

Topics: Legal regulatory, Jurisdictions, Political endorsements opposition, Securities law classification, Cross jurisdictional policy, Legislative debates, Pro innovation government policy

Tags: #ripple #clarityact #cryptobill #uscongress #digitalassets #regulation #senate #doj #publiccampaign

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The CLARITY Act - Crypto Has One Chance Left at Legal Clarity - Brave New Coin

The short answer for anyone searching today: the CLARITY Act has not passed the Senate, it will not be signed into law by July 4, and its realistic window to become law in 2026 now closes when the Senate leaves for its August recess. The bill is not dead. It is stuck, and it is stuck for reasons that have almost nothing to do with how crypto should be regulated.

• The CLARITY Act, a comprehensive attempt to define regulatory authority over US crypto markets between the SEC and CFTC, is currently stalled in the Senate.
• Key disputes over an ethics provision and the Blockchain Regulatory Certainty Act are preventing the bill from advancing, despite bipartisan support in committees.
• The upcoming August recess presents a critical deadline, with failure to pass potentially delaying a federal digital asset framework until 2030.

Topics: Legal regulatory, Jurisdictions, Institutional adoption, Securities law classification, Cross jurisdictional policy, Onboarding prime brokerage

Tags: #clarityact #cryptoregulation #sec #cftc #digitalassetmarketclarityact #hr3633 #senate #houseofrepresentatives #blockchainregulatorycertaintyact #ethicsprovision

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