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Browsing: CLARITY
The US Senate failed to advance a procedural vote for floor consideration of the Clarity Act, raising the prospect of prolonged regulatory uncertainty for the cryptocurrency industry.
The U.S. Senate’s failure to advance the Clarity Act on Tuesday leaves the crypto industry in the world’s largest economy without an overarching federal framework and with the roles of the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) shrouded in ambiguity.
Securities regulators in the U.S. say they plan to move forward with regulations to govern cryptocurrencies as the Clarity Act legislation stalls in Congress.
The short answer, if you’re looking at the CLARITY Act as it is and not at the speculative sentiment around it in the market, is — not really. However, if signed into law, its main value for bitcoin would be protection against policy reversals, and it would matter mostly from 2029, and only if the…
Rep. Nicholas J. Begich (R-AK) introduced H.R. 8957, the American Reserve Modernization Act of 2026, on May 21, 2026. The proposal would establish a Treasury-managed Strategic Bitcoin Reserve and impose a minimum 20-year holding period on BTC USD placed in it, according to the bill text published on Congress.gov.
Bitwise Chief Investment Officer Matt Hougan said that the CLARITY Act’s collapse in the U.S. Senate will likely have a smaller impact on the crypto market than investors’ initial reaction suggests. He called it a “speed bump, not a road closure.”
Bitcoin and altcoins experienced sharp declines after the Senate vote on the Clarity Act stalled. Following this, the US Federal Reserve (FED) raised its benchmark interest rate for the first time in three years. However, despite the series of negative news, BTC showed a relatively limited reaction, maintaining its pre-decision level of $76,000.
Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.
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Bitcoin and altcoins experienced sharp declines after the Senate vote on the Clarity Act stalled. Although the US Federal Reserve (FED) subsequently raised its benchmark interest rate for the first time in three years, $BTC showed a relatively limited reaction, maintaining its pre-decision level of $76,000.