Democrats have blocked a vote on the Crypto Clarity Act, officially known as the Digital Asset Market Clarity Act (H.R. 3633), before the congressional summer recess. This bill aims to establish a regulatory framework for digital assets by splitting oversight between the SEC and the CFTC. The legislation had previously passed the House and cleared the Senate Banking Committee but has yet to be addressed on the Senate floor. This blockage significantly reduces the likelihood of the bill being adopted by 2026, with market participants now pricing in a lower probability of the bill becoming law.
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