The CLARITY Act, a key piece of U.S. legislation aimed at defining the regulatory framework for digital assets, is facing opposition from 18 state attorneys general. Led by New York’s Letitia James, they argue that the bill could undermine state-level regulatory powers, including licensing and antifraud enforcement. The Senate is preparing for a procedural vote to decide whether to move forward with the bill, which remains pending and has not yet become law. Market odds stand at 27.5% for the CLARITY Act being signed into law in 2026, reflecting investor skepticism about its passage.
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