# CLARITY Act Related Articles

HTX News Center provides the latest articles and in-depth analysis on "CLARITY Act", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

CLARITY or not, crypto isn’t going back in the bottle: Bitwise

Despite fading prospects for the CLARITY Act's passage this year, Bitwise CIO Matt Hougan argues the crypto industry's progress is irreversible. The landmark crypto market structure bill faces a critical August 5 Senate deadline, with analysts lowering its 2026 passage probability to around 23%. Failure would leave the bill in a "walking dead" state, though a year-end omnibus package remains a possibility. Hougan notes that if legislation fails, the industry would revert to the SEC-CFTC's existing joint interpretation classifying assets like Bitcoin as digital commodities. While this regulatory guidance is less durable than law and could be challenged, Hougan asserts "crypto will be fine," giving the industry over two years to advance before potential administrative changes. He concludes that crypto has sufficient momentum to reshape finance for decades, regardless of immediate Washington outcomes.

cointelegraph08/05 17:36

CLARITY or not, crypto isn’t going back in the bottle: Bitwise

cointelegraph08/05 17:36

Opinion: Crypto Industry Will Survive Failure of CLARITY Act in Senate

Bitwise Investment Director Matt Hogan stated that the cryptocurrency industry will continue to develop even if the CLARITY Act fails in the US Senate. The Senate's summer session ends on August 10, with a key procedural vote deadline for the bill on August 5. While Republican leadership aims for a vote before recess, Democratic opposition remains a major hurdle, with Polymarket's odds of the bill becoming law this year dropping to 15% from 82% in February. Hogan believes a failed vote this week would leave the bill in limbo, potentially pushing final consideration to a "lame duck" session later in the year. He argues prolonged regulatory uncertainty is keeping some institutional investors away, but a drop in the bill's passage odds could clear the way for market growth. As an alternative, Hogan cited SEC Chairman Paul Atkins's readiness to issue crypto-friendly rules, which might be more favorable in the short term than a bipartisan Congressional bill, though future leadership could change this. He contends the industry's progress is now irreversible, citing the success of Bitcoin ETFs, tokenization efforts by major firms, new stablecoin platforms, and crypto-native projects from companies like Robinhood. Hogan drew a parallel to the 1990s telecom reform, where market innovation surged ahead of legislation. He concluded that while the CLARITY Act has flaws, Congress should pass it soon for the industry's benefit, but the crypto sector will advance regardless.

cryptonews.ru08/05 09:28

Opinion: Crypto Industry Will Survive Failure of CLARITY Act in Senate

cryptonews.ru08/05 09:28

Wells Fargo Joins Major US Banks in Creating Tokenized Deposit Network by 2027

Wells Fargo has joined major U.S. banks including JPMorgan, Bank of America, and Citigroup in a consortium to launch a shared network for tokenized deposits by the first half of 2027. The system, to be operated by The Clearing House, will enable the 24/7 exchange of digital versions of customer deposits on a blockchain platform. The initiative aims to provide instantaneous settlement, moving beyond traditional banking hours, with initial users expected to be large multinational corporations benefiting from enhanced liquidity for cross-border payments. While a specific blockchain partner has not yet been chosen, the network is seen as a way for banks to offer the speed and programmability of blockchain without ceding clients to crypto-native competitors. This move builds on existing bank projects, such as Wells Fargo's earlier pilot of a digital cash platform and JPMorgan's institutional tokenized deposit on Ethereum's Base network. It also comes amidst the growth of the stablecoin market and pending U.S. legislation that could allow stablecoin issuers to pay interest, posing potential competition to traditional bank deposits. Bank executives note that while customer demand for tokenized deposits is not yet overwhelming, the network prepares the industry for future adoption. The shared infrastructure, as opposed to individual bank systems, is intended to spread the benefits across the broader banking ecosystem.

cryptonews.ru08/04 19:16

Wells Fargo Joins Major US Banks in Creating Tokenized Deposit Network by 2027

cryptonews.ru08/04 19:16

Law Enforcement Claims CLARITY Act Helps Criminals. Industry Says They're Wrong.

U.S. law enforcement groups, including the National Sheriffs' Association, have repeatedly warned that the CLARITY Act's Section 604 (the "Blockchain Regulatory Certainty Act") creates broad exemptions from anti-money laundering (AML) and "know your customer" (KYC) rules for certain decentralized finance (DeFi) participants. They argue this could allow criminals, human traffickers, and sanctions evaders to exploit platforms designed to obscure digital asset transactions. The industry, represented by the Blockchain Association, strongly disagrees. Its director of strategy stated that Section 604 simply prevents the misclassification of developers of non-custodial software as money transmitters, provided they do not control user assets. She asserted the provision does not grant criminals immunity or hinder prosecution for financial crimes. This dispute has become a central issue as the Senate prepares for a vote. The law enforcement community is not unified, however. One major Black law enforcement group has endorsed the bill, and another sheriffs' organization shifted from opposing to a neutral stance on Section 604 after negotiations clarified its implementation. The outcome of this debate over developer liability is seen as critical to the bill's fate.

cryptonews.ru08/04 11:46

Law Enforcement Claims CLARITY Act Helps Criminals. Industry Says They're Wrong.

cryptonews.ru08/04 11:46

Saylor Calls This Strategy the ‘JPMorgan of the Crypto Market’

Saylor Calls This Strategy the "JPMorgan of the Crypto Market" MicroStrategy CEO Michael Saylor recently described his company's approach as the "JPMorgan of the crypto economy." This statement comes amidst significant market attention on MicroStrategy's Bitcoin activities. The company holds approximately 842,138 BTC, representing nearly 4% of Bitcoin's circulating supply. JPMorgan analysts have highlighted MicroStrategy's substantial market influence, noting its 2026 Bitcoin purchases could reach around $32 billion, far exceeding previous years. The bank warned that MicroStrategy's shift from a pure accumulator to actively managing its balance sheet—engaging in sales, building dollar reserves, and buying back shares—introduces new two-way risk to the crypto market. While facing Q2 2026 net losses despite a growing Bitcoin portfolio, Saylor refuted claims of forced selling pressure. He confirmed MicroStrategy's intent to remain a net buyer of Bitcoin and clarified that corporate treasury sales are distinct from his personal holdings, from which he has never sold. The company's strategy and pending legislation like the CLARITY Act are seen as key factors for crypto market dynamics.

cryptonews.ru08/04 11:26

Senate Has 4 Days to Advance CLARITY Act as White House Considers Deal

The U.S. Senate has just four scheduled session days left before the August recess to advance the comprehensive CLARITY Act, a major cryptocurrency regulatory framework, intensifying pressure from industry advocates. The pro-crypto group Stand With Crypto, representing over three million supporters, is pushing for passage and will score senators on their vote. While the bill, a 616-page proposal setting registration rules for exchanges, brokers, and custodians, has cleared the Senate Banking Committee with bipartisan support, its fate hinges on resolving a final sticking point regarding ethics provisions. The White House is currently reviewing a counter-proposal on these ethics rules from Senators Tillis and Gallego. Senate Banking Chair Tim Scott expressed hope for progress on digital asset bills soon. If unresolved, the ethics issue, covering digital asset transaction restrictions for officials and reporting requirements, could delay the bill until after the recess. Analysts at Galaxy Research recently gave the bill a 30% chance of becoming law in 2026. Supporters may need 60 votes to overcome procedural hurdles in the limited time window.

cryptonews.ru08/04 09:54

Senate Has 4 Days to Advance CLARITY Act as White House Considers Deal

cryptonews.ru08/04 09:54

72-Hour Countdown: Can the CLARITY Act Pass 'Miracleously' Before the Senate Recess?

"CLARITY Act Faces 72-Hour Deadline as Senate Recess Looms The U.S. Senate has released its schedule for the week, omitting the crucial CLARITY Act and instead prioritizing another resolution for a procedural vote. With the Senate set to recess on August 7th, the bill now has only about 72 hours to advance. Senate procedural hurdles are steep. First, a cloture petition requires signatures from 16 Senators. Second, a vote requires 60 votes, meaning the Republican's 53 votes need at least 7 Democratic supporters—a key sticking point that has stalled the bill for two months. If passed, a further 30 hours of debate is required before a vote to proceed to consideration. If 16 signatures are not secured by Wednesday, the bill won't even face a vote. Even if filed Wednesday, the earliest vote would be Friday, leaving no time for actual consideration before recess. The major divide remains ethical provisions. The draft bans certain senior officials from issuing or sponsoring digital assets until 2029, but Democrats argue enforcement loopholes are too large, failing to constrain existing holdings and family arrangements. The White House has not formally responded to the revised draft. The Trump family's substantial crypto profits have further eroded Democratic trust. Stablecoin rewards remain contentious. Banks liken them to deposit interest, fearing capital flight, while crypto firms see them as anti-competitive protection for banks. A current compromise bans passive interest but allows rewards for trading, staking, and platform activity. Polymarket data shows the bill's probability of passing by 2026 has fallen to 31%, down 7 points in a week. Betting volume is around $3.7 million. Analyst Bernstein warns failure to advance the bill could trigger a 'bad news' sell-off, pressuring Bitcoin and crypto valuations. Industry advocates, including Grayscale and Treasury Secretary (presumably Yellen, though 'Besant' appears in text), have urged swift action with thousands of contacts to Congress, but progress remains slow. If missed this week, the bill delays until September, where a busier schedule and approaching midterms complicate passage. Democrats suggest a procedural vote this week could keep hope alive for September, but that hope is fading hourly. Market sentiment appears resigned to delay, though a surprise passage could trigger a significant positive reaction. The bill's arduous journey underscores its potential impact on the industry."

marsbit08/04 09:47

72-Hour Countdown: Can the CLARITY Act Pass 'Miracleously' Before the Senate Recess?

marsbit08/04 09:47

Coinbase CEO Urges Senate to Pass CLARITY Act This Week

Coinbase CEO Brian Armstrong is urging the Senate to pass the CLARITY Act this week, calling it a critical bipartisan effort to establish clear cryptocurrency regulations in the U.S. He argues the bill would keep digital asset activity under American oversight, rather than pushing it offshore, while boosting job creation, tax revenue, innovation, and consumer protection. The updated 616-page bill, released by Senator Cynthia Lummis, defines regulatory roles for the SEC and CFTC, sets standards for exchanges and intermediaries, and includes provisions for stablecoin integration, cybersecurity, and anti-money laundering. Support extends beyond Coinbase, with former SEC Chairman Paul Atkins endorsing the framework. The "Stand With Crypto" advocacy group has mobilized significant voter outreach, highlighting that one in four Americans owns crypto and voter support favors pro-CLARITY candidates. Armstrong framed the vote as a choice for U.S. leadership in finance, technology, and national security.

cryptonews.ru08/04 09:28

Coinbase CEO Urges Senate to Pass CLARITY Act This Week

cryptonews.ru08/04 09:28

Crypto Advisor Bessent's Tyler Williams Leaves Treasury Department as Voting Time for CLARITY Bill Lapses

Tyler Williams, the chief digital assets adviser to Treasury Secretary Scott Bessent, has left his federal government position and is expected to return to the private sector. His departure came just before the Senate's August recess and before a vote on the key industry bill, the CLARITY Act, which has now expired. Williams was appointed in February 2025 and played a significant role, contributing to a major White House report on digital assets and working on the CLARITY Act. His exit is seen as part of a broader trend of crypto-friendly figures leaving Washington. The CLARITY Act, which aims to clarify regulatory oversight between the SEC and CFTC and protect blockchain developers, faced significant hurdles. With the Senate recess starting August 10th, the bill needed at least seven Democratic votes to reach the 60 required for advancement, but seven Democratic senators blocked it due to ethical and security concerns. Senate Majority Leader John Thune expressed a desire for a vote but did not confirm next steps, and the bill was not on the Senate schedule as of August 3rd. Analysts have lowered the probability of the CLARITY Act passing in 2026 from 50% to 30%. While its failure could negatively impact digital asset markets, support from a coalition including major financial firms like BlackRock and Fidelity persists. Supporters argue the bill has bipartisan understanding among younger lawmakers and should be passed.

cryptonews.ru08/04 09:26

Crypto Advisor Bessent's Tyler Williams Leaves Treasury Department as Voting Time for CLARITY Bill Lapses

cryptonews.ru08/04 09:26

Bitcoin Approaches $64,000 Mark as Probability of CLARITY Act Passage Drops to 27%

Bitcoin approached $64,000 on Monday, recovering from an early dip to around $62,200. The initial decline was linked to reports that Strategy had sold 1,638 Bitcoin between July 27 and August 2 to fund shareholder dividends and stock buybacks. Prices later rebounded following news that the Trump administration was resuming talks with Iran, boosting the cryptocurrency to an intraday high near $63,920. This rally, though partially retraced, left Bitcoin with a modest 0.7% daily gain, increasing its market cap to approximately $1.28 trillion. However, market sentiment remains constrained by fading hopes for the CLARITY Act, a key U.S. crypto regulatory bill. Data from Polymarket shows the probability of the bill being signed into law has plummeted from 38% to just 27% over the past week. It was removed from the Senate's Monday agenda, and with the August 7 congressional recess approaching, analysts warn that without significant bipartisan compromises on issues like ethics rules and stablecoin yields, the bill lacks the votes to pass. Further delay into the fall would diminish its chances further as the midterm election campaign dominates the legislative calendar.

cryptonews.ru08/03 20:51