US Senate Drops Crypto Clarity Act from Schedule Amid Legislative Logjam
The Digital Asset Market Clarity Act of 2025, which aims to establish federal rules for digital commodities and delineate oversight between the Commodity Futures Trading Commission and SEC, has hit a snag in its legislative progress. The U.S. Senate's schedule for today does not feature the bill, suggesting a further delay in its consideration.
The bill had previously passed the House but remains pending in the Senate, where it faces a crowded legislative agenda and unresolved discussions on ethical issues related to crypto activities by public officials.
Market pricing for the bill being signed into law in 2026 has declined, reflecting participant doubts about timely passage. The delay is seen as a setback for the bill's proponents, narrowing the window for its passage before the Senate's upcoming recess.