- The CLARITY Act is potentially entering the final stretch.
- It is important for the Senate to hold a vote within two weeks, before the summer recess.
- Ethics amendments have become the bill’s main obstacle.
The U.S. Senate has less than two weeks to pass the CLARITY bill before Congress’ August recess begins. On July 22, 2026, Republicans released the full text of the document for the first time, which is intended to establish comprehensive rules for the crypto market.
The Senate has 14 days to pass the CLARITY Act before summer recess.
— Grayscale (@Grayscale) July 24, 2026
The draft text for the bill was released for the first time on July 22. Grayscale believes CLARITY could provide clearer rules for market participants and support public blockchain adoption. Policymakers and… pic.twitter.com/5wt3H3uE2w
Grayscale stressed that if the document is not approved before the August recess, its further consideration could become more complicated due to political infighting ahead of the U.S. midterm elections.
CLARITY Act Reaches a Decisive Stage
The company noted that the bill has bipartisan support and is intended to create a unified regulatory framework for crypto capital markets.
One of the main sticking points remains the so-called ethics provisions, which limit the ability of public officials to issue or promote digital assets while in office. The Republican version of the document already includes these rules, but Democrats insist they be refined.
At the same time, most of the bill’s other provisions do not spark significant controversy. In particular, the document provides for:
- Protections for developers of non-custodial software, which is important for the growth of the DeFi sector
- Strict requirements for KYC/AML procedures
- Additional mechanisms to combat illegal financial transactions
Grayscale emphasized that the CLARITY Act will create “a solid legal foundation for software developers, token issuers, investors, and other market participants,” which, in turn, will help accelerate the adoption of public blockchain technology.
In addition, analysts noted that even if the CLARITY Act is delayed, the development of public blockchains will continue thanks to areas such as stablecoins and asset tokenization. However, without the law, market participants will still have to rely primarily on regulators’ guidance rather than long-term legislative clarity.
Earlier, it became known that U.S. President Donald Trump approved a package of ethics measures for the CLARITY Act, which was a key demand from Democrats. In particular, the updated version of the document предусматриває a ban on officials issuing crypto assets, and the U.S. Department of Justice is expected to oversee compliance with these requirements.
Сообщение U.S. Senate Has Less Than Two Weeks Left to Pass CLARITY Act — Grayscale появились сначала на INCRYPTED.