CLARITY Act Passage Narrowing as Senate Faces Tight Deadline

The Digital Asset Market Clarity Act (CLARITY Act) has been making progress in the US Congress, but its path to passage is becoming increasingly narrow. The bill aims to clarify how digital assets should be classified and which agencies have regulatory authority over them.

Originally, the White House wanted Congress to pass the CLARITY Act by July 4, but that target has already passed without final enactment. While this doesn't mean the bill is dead, it does indicate that lawmakers are facing a more difficult phase in getting it through.

The Senate still needs to act on the bill, and lawmakers must navigate disputes over stablecoin yield and DeFi definitions. The legislative calendar is also becoming less forgiving as the 2026 election cycle advances.