Senate Expected to Pass Crypto Clarity Act Within Week, Says Hester Peirce

SEC Commissioner Hester Peirce announced on social media that the US Senate is expected to pass the Crypto Clarity Act within a week. The bill, which aims to define regulatory responsibilities over digital assets between the SEC and CFTC, has already passed the House and cleared the Senate Banking Committee.

The bill still faces hurdles, including a 60-vote threshold in the Senate and reconciliation with the House. Commissioner Peirce's statement suggests that market participants interpret this as increasing the likelihood of progress on the bill.

Market pricing for the Clarity Act being signed into law in 2026 reflects a 16.5% likelihood, indicating some skepticism among participants regarding its eventual passage and enactment into law.