According to ME News, on November 5 (UTC+8), the CLARITY Act will expire on January 3, 2027, at the conclusion of the 119th Congress, unless it gains bipartisan support to reach the 60-vote threshold in the Senate. If the new Congress wishes to advance the bill, it must reintroduce it and negotiate a new agreement.
The Digital Chamber expects that, under Democratic control, the House Financial Services Committee will prioritize advancing stablecoin reserve requirements, expanding consumer disclosures, and strengthening anti-money laundering controls.
The new Congress is expected to strengthen protections against AI-related data privacy and national security risks, and advance formal risk management frameworks and transparency requirements for high-risk AI applications. (Source: ODAILY)
The CLARITY Act will expire in January 2027 unless it receives support from 60 votes.
KuCoinFlashShare
Summary
The CLARITY Act will expire on January 3, 2027, unless it receives 60 Senate votes. A new Congress would need to reintroduce the bill. The Digital Chamber expects the House Financial Services Committee to focus on stablecoin reserves, consumer disclosures, and AML controls. New token listings and on-chain developments could gain regulatory clarity under the new framework. AI data privacy and national security risks are also expected to receive stronger protections, with transparency requirements for high-risk applications.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.