CLARITY Act Could Finally Pass in 2027 Investor Kevin O'Leary (@kevinolearytv) is betting that the stalled CLARITY Act will become law in 2027. He says the financial system can no longer afford to ignore blockchain technology. Much of today's money transfer infrastructure dates back decades, he argued. Tokenization could change that. The bill has already hit a major roadblock in the Senate, however. A September procedural vote failed to reach the 60 votes needed to advance it.

Clarity Act Faces an Uphill Battle Before 2028 The CLARITY Act faces a difficult path through Congress, a new Punchbowl News survey suggests. Only 27% of K Street respondents believe lawmakers will pass the crypto market structure bill before 2028. Meanwhile, 48% consider its progress unlikely. Democrats were marginally more optimistic, with 29% seeing a likely path forward. Republican respondents were slightly less confident, at 27%.

Clarity Act requires crypto brokers to get customers the best available price on every trade, Lummis says Remember: Clarity act forces crypto to be treated like any other commodity, which includes all 1934 security act anti-manipulation rules.

CLARITY would have given the @CFTC new funding mechanisms and expedited hiring authority. Some of the same people raising concerns about staffing today opposed the legislation that would have helped address it. @ChairmanSelig is moving forward. Congress should help him build the agency he needs, not just commission another report.

clarity reject, rate hike, bonds falling, quantum fud, ai breaking cryptography fud, yet we are higher than we were a month ago. we’ll be climbing a wall of worry for the next 3 years and u will be sidelined.

CLARITY Failure May Have Accelerated Crypto Rules Bitwise CIO Matt Hougan (@Matt_Hougan) says the stalled Clarity Act created room for faster regulatory action. The Senate failed to advance the bill on Sept. 15 after a 49 to 50 vote. Days later, the SEC approved temporary relief for trading tokenized stocks onchain. The SEC also issued new crypto guidance on Sept. 25. Hougan argues crypto gained quicker rules while losing longer term legislative certainty.

Clarity Act failing may have been best thing that ever happened to crypto… Seems like industry & regulators have shifted into overdrive over past week. Basically a two year window to upgrade financial system & first week progress hasn’t disappointed.

CLARITY Act Failure Exposes Deeper US Crypto Divide The CLARITY Act's failed Senate vote exposed a deeper political divide over how the U.S. should regulate crypto. Speaking at CoinDesk's Policy & Regulation event on Sept. 22, Senator Cynthia Lummis blamed Democrats for blocking the bill. She argued that opposition to Donald Trump had overtaken support for crypto market structure legislation. Democrats, however, had raised concerns about ethics provisions and other regulatory safeguards before the vote. The legislation had grown from roughly 300 pages to more than 600 pages through negotiations between lawmakers from both parties. The Senate needed bipartisan support to advance the legislation.