6 Key Dates for US Crypto Policy in 2026

marsbitPublicado em 2026-01-02Última atualização em 2026-01-02

Resumo

Summary of Key US Crypto Policy Dates in 2026: 2026 is poised to be another significant year for US cryptocurrency policy. Key dates include: - **January**: The Senate is expected to hold hearings on the stalled crypto market structure bill (the "Clarity Act"), aiming to resolve the jurisdictional battle between the SEC and CFTC. Additionally, SEC Chair Paul Atkins is expected to unveil an "innovation exemption" for new technologies. - **May 15**: The term of Federal Reserve Chair Jerome Powell ends. President Trump, who has criticized Powell, is likely to appoint a more dovish successor, a move that could impact crypto markets and inflation. - **July 1**: California's Digital Financial Assets Law takes effect, requiring businesses engaging in digital asset activities with state residents to be licensed by the state’s financial regulator. - **July 18**: Regulators face a deadline to publish supplementary rules for the recently passed stablecoin legislation (the "Genius Act"), covering areas like licensing and anti-money laundering. This process is already contentious, with banks and crypto lobbyists clashing over certain provisions. - **August**: Two major developments are anticipated: the potential passage of crypto tax legislation (e.g., the "Parity Act" for de minimis exemptions) and the finalization of CFTC rules on blockchain technology applications in capital markets. - **November 3**: The US midterm elections could drastically alter the crypto policy landscape. ...

Author |Aleks Gilbert,DL News

The past year has seen a revolution in US crypto policy.

In less than a year of his second term, President Donald Trump appointed industry-friendly regulators who ended investigations into crypto firms, made it easier for banks to hold crypto assets, and made it easier for asset managers to launch crypto-related ETFs.

Driven by Trump, lawmakers passed landmark stablecoin legislation and made significant progress on market structure legislation.

With these victories now fait accompli, it's natural to wonder if 2026 will still be a significant year for crypto policy.

The short answer is: yes.

So, without further ado, here are some key dates for US crypto policy in 2026.

January

January is set to be an event-packed month.

First, White House crypto advisor David Sacks said the Senate is expected to hold hearings on the market structure bill in January.

Sacks wrote on X in December: "We are closer than ever to passing the landmark crypto market structure legislation called for by President Trump. We look forward to finishing the job in January!"

These hearings are expected to move the bill out of its stalled state in the Senate, after the "Clarity Act" version passed the House in July but stalled in the Senate.

The market structure legislation, once thought likely to pass in 2025, could transform the US crypto industry.

It would end the regulatory turf war between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

During the Biden administration, both agencies tried to claim jurisdiction over crypto markets.

"If the market structure legislation passes in early 2026, the focus will shift to implementation," Blockchain Association CEO Summer Mersinger told DL News.

"We expect clear and enforceable rules from the SEC and CFTC, maintain ongoing inter-agency coordination, and make targeted fixes in areas like tax clarity to ensure the US continues to be a thriving hub for crypto innovation."

January is not expected to see only this one development.

SEC Chairman Paul Atkins wants to create an "innovation exemption" that would allow entrepreneurs to "enter the market immediately with new technologies and new business models" under certain conditions without complying with regulatory requirements that are "not fit for purpose or overly burdensome."

Atkins said on December 2 that this innovation exemption is expected to be announced within a month. This means it could be issued at any time.

May 15

Jerome Powell's term as Chairman of the Federal Reserve Board ends on May 15.

Trump has criticized Powell for refusing to cut interest rates more aggressively. The president is likely to appoint a more "compliant" successor.

The Federal Reserve sets US monetary policy. High interest rates increase borrowing costs, which dampens riskier assets, including cryptocurrencies.

A more dovish (accommodative) monetary policy could boost crypto markets — but it could also reignite inflation, the very issue that helped propel Trump back to the White House.

With "affordability" becoming the new watchword in American politics, Trump's pick for the new Fed chair will not only affect crypto prices in 2026, but could also affect the 2028 presidential campaign.

Longtime Trump ally Kevin Hassett is currently seen as the frontrunner for the position, with a 47% probability of nomination according to predictions.

July 1

New crypto regulations will take effect in California on July 1, 2026.

The state's Digital Financial Assets Law requires any entity engaged in "digital financial asset business activity" with a California resident to obtain a license from the California Department of Financial Protection and Innovation, with certain exemptions.

California is home to many crypto entrepreneurs, and what happens in California often has an outsized influence on the entire US tech sector.

July 18

Passing a bill gets all the headlines, but the real battle begins when the regulatory agencies tasked with enforcing the law begin interpreting the new legislation.

The Genius Act requires federal and state regulators to issue additional rules covering issuer licensing, capital requirements, custody standards, anti-money laundering provisions, and more.

The deadline for publishing these additional rules is July 18, 2026.

"Market participants will have significant opportunities to engage in policy advocacy work and the rulemaking process," law firm Gibson Dunn wrote in July.

This process has already become contentious. The banking industry is asking regulators to close a "loophole" that allows stablecoin issuers to offer yield products, which banks fear could erode their deposit base.

The crypto industry is fighting back. In a letter to senators last week, the Blockchain Association said the proposals risk undermining "carefully negotiated compromises, reducing consumer choice, stifling competition, and injecting uncertainty into the implementation of the new law."

August

By the end of August, we can expect two developments: the submission of crypto tax legislation, and the finalization of CFTC rules related to the application of blockchain technology in capital markets.

"Beyond market structure, crypto tax policy remains a top priority," Mersinger said, specifically mentioning recent work by lawmaker Mike Carey with the Treasury Department to address tax issues related to crypto staking.

On December 20, Republican Congressman Max Miller from Ohio submitted a draft bill called the "Parity Act". The bill aims to establish a de minimis tax exemption threshold for stablecoins.

That is, for example, spending $5 on a latte would not trigger a taxable event. The bill also seeks to prevent crypto lending from being treated as a taxable "sale of an asset". There are more provisions.

Speaking at the Blockchain Association policy summit in December, Miller said he believes Congress有望 "by next year August" pass some version of the bill.

In August 2025, then-CFTC Chair Caroline Pham announced a 12-month "crypto sprint initiative" focused on spot crypto trading, allowing the use of tokenized collateral in derivatives markets, and adjusting regulations to support the application of blockchain in US markets.

Pham has already made progress on the first two tasks and expects the final task to be completed by August 2026.

November 3

The United States will hold midterm elections on November 3, and these elections could completely alter the landscape for US crypto policy.

The president has significant power, but he is not a "king" — the crypto industry's victories in 2025 were largely due to Republicans holding slim majorities in both houses of Congress.

If this changes in 2026, the crypto industry's "golden age" in Washington could end.

Democrats have indeed become more friendly to the crypto industry. In 2025, the House market structure bill received more Democratic votes than in 2024, a change that had excited many crypto lobbyists.

But a majority of Democratic lawmakers remain wary of the industry with its strong libertarian leanings.

If Democrats regain control of one or both houses of Congress, the likelihood of passing any crypto legislation will be significantly reduced.

Fireblocks Policy Director Sea Markova recently said that if the market structure legislation passes too close to the midterm elections, the risk of the bill "stalling overall increases significantly."

Perguntas relacionadas

QWhat is the significance of January 2026 for US crypto policy according to the article?

AJanuary 2026 is expected to be an event-packed month. The Senate is scheduled to hold hearings on the market structure bill, which aims to resolve the regulatory turf war between the SEC and CFTC. Additionally, SEC Chairman Paul Atkins is expected to announce an 'innovation exemption' that month, allowing entrepreneurs to enter the market with new technologies without facing overly burdensome regulations.

QWhy is Jerome Powell's term ending on May 15, 2026, a key date for crypto?

AJerome Powell's term as Chair of the Federal Reserve Board ends on May 15, 2026. Former President Trump, who criticized Powell for not cutting interest rates more aggressively, is likely to appoint a more 'compliant' successor. A more dovish (accommodative) monetary policy could potentially boost crypto markets, though it also risks reigniting inflation.

QWhat new crypto regulation takes effect in California on July 1, 2026?

ACalifornia's Digital Financial Assets Law takes effect on July 1, 2026. It requires any entity conducting 'digital financial asset business activity' with a California resident to be licensed by the state's Department of Financial Protection and Innovation, with certain exemptions. This is significant as California is a major hub for crypto startups.

QWhat is the deadline for regulators to issue supplementary regulations under the stablecoin legislation, and why is this process contentious?

AThe deadline for federal and state regulators to issue supplementary regulations for the stablecoin legislation (the Genius Act) is July 18, 2026. The process is contentious because the banking industry is lobbying regulators to close a 'loophole' that allows stablecoin issuers to offer yield-bearing products, which banks fear could weaken their deposit base. The crypto industry is pushing back, arguing these proposals could undermine the carefully negotiated compromise of the new law.

QHow could the US midterm elections on November 3, 2026, impact crypto policy?

AThe November 3, 2026, midterm elections could drastically alter the US crypto policy landscape. The crypto industry's legislative successes in 2025 were largely due to Republicans holding slim majorities in both houses of Congress. If Democrats regain control of one or both chambers, the likelihood of passing any future crypto legislation would decrease significantly, as a majority of Democratic lawmakers remain wary of the industry despite growing support for some bills.

Leituras Relacionadas

Crossing the 'Memory Wall': The Wafer-Level Revolution and Computing Power Routes in the AI Inference Era

In 2026, a historic shift occurred in AI as major cloud providers' inference spending surpassed training spending for the first time, signaling a move from "building large models" to "using large models." This shifts the core challenge from computing power to the "memory wall"—the bottleneck of data movement (model weights, activations, KV Cache) between external DRAM and processors, where energy and latency from data transfer far exceed computation itself. Companies like Nvidia face GPU idle time due to bandwidth limits. In contrast, Cerebras Systems adopts a radical "wafer-scale" approach with its Wafer-Scale Engine (WSE). Instead of cutting a silicon wafer into many chips, Cerebras uses almost the entire wafer as one massive chip (WSE-3). This design provides 44GB of on-chip SRAM, delivering memory bandwidth thousands of times higher than traditional HBM (e.g., 21 PB/s vs. Nvidia B200). For LLM inference, weights are streamed layer-by-layer from external MemoryX storage to the chip, avoiding HBM bottlenecks. This results in token generation speeds 1.5–5 times faster than Nvidia's B200 in some models and significant advantages in first-token latency and long-context tasks. Additionally, Cerebras's architecture offers much lower interconnect power consumption (0.15 pJ/bit vs. GPU's ~10 pJ/bit). However, Cerebras faces challenges: SRAM scaling has slowed with advanced nodes, limiting future capacity gains; the chip requires specialized liquid cooling and custom software stacks; and its external I/O bandwidth (150 GB/s) is low compared to NVLink, hindering multi-system scaling for very large models. Competition is intensifying. Major players are pursuing three paths: 1) Developing proprietary inference ASICs (e.g., Google TPU, Microsoft Maia), 2) Leveraging advanced packaging (e.g., TSMC's SoW) to democratize wafer-scale-like integration, potentially eroding Cerebras's process advantage within a few years, and 3) Exploring optical interconnects for ultimate bandwidth. Commercially, Cerebras is transitioning from a hardware vendor to a service provider, facing the immense challenge of building high-power, specialized data centers to meet large contracts (e.g., 250MW/year from 2026–2028). In conclusion, the AI inference era presents a fundamental architectural trade-off. Cerebras opts for extreme physical optimization for low-latency, single-task performance, while Nvidia prioritizes versatility and massive cluster throughput. The path forward remains uncertain, with technology and business models still evolving in the race toward advanced AI.

marsbitHá 7m

Crossing the 'Memory Wall': The Wafer-Level Revolution and Computing Power Routes in the AI Inference Era

marsbitHá 7m

Has Bitcoin's 'Rebound Ended', Officially Entering the Late Bear Market Phase?

**Title: Has Bitcoin's Rebound Ended, Entering the Late Bear Market Phase?** **Summary:** Bitcoin's price has declined by 13% this week, signaling a potential return to late-stage bear market conditions. The price fell to around $67k, positioned between the Realized Price and Realized Cap Weighted Average. For the first time since early 2022, the Short-Term Holder cost basis has dropped below this key average, confirming a hallmark of late-cycle bear markets. Profitability metrics have collapsed sharply. The 7-day average of the Realized Profit/Loss ratio plummeted from a local high of 3.16 to 0.29, mirroring the February panic sell-off. Critically, the 90-day average never breached the threshold of 2, indicating the recent rally to $82k was a bear market bounce, not a structural shift. Realized losses surged to $1.35 billion daily, with $770 million coming from Long-Term Holders selling at a loss. This accelerating redistribution of supply from weak to strong hands is a necessary but ongoing process for a market bottom. The rally stalled almost precisely at the aggregate cost basis (~$83k) of US spot Bitcoin ETF investors, turning that level into strong resistance and leaving the average ETF holder underwater again. Spot market flows have turned decisively negative, showing sellers are dominating order books despite the price drop. While a significant futures long liquidation event cleared over $400 million in leverage, providing a potential reset, sustained spot demand is yet to materialize. Options markets continue to price in higher future volatility (Implied Volatility) than recent price action (Realized Volatility) has shown, with a persistent skew towards put options, indicating ongoing demand for downside protection. In conclusion, multiple metrics point to a fragile market structure. Resistance at the ETF cost basis, accelerating realized losses, dominant spot selling, and cautious options pricing all suggest the bear market trend persists. A sustainable recovery likely requires a resurgence of spot demand, ETF holders returning to profit, and a clear reduction in selling pressure.

marsbitHá 8m

Has Bitcoin's 'Rebound Ended', Officially Entering the Late Bear Market Phase?

marsbitHá 8m

TechFlow Intelligence Agency: Anthropic Calls for Global Pause in AI Development While Preparing for Trillion-Dollar IPO; SpaceX IPO Roadshow Heats Up, But S&P 500 Rejects Fast-Track Inclusion

In today's TechFlow Intelligence Briefing, several major tech stories highlight a growing theme of trust and credibility gaps across AI, crypto, and finance. AI company Anthropic has publicly called for a global pause in AI development, citing risks from Claude's "recursive self-improvement." Ironically, this coincides with reports the company is preparing for a massive IPO targeting a near $1 trillion valuation. This perceived hypocrisy, coupled with widespread user complaints about Claude's declining performance, is sparking debate over whether the safety warning is genuine or a competitive tactic. Meanwhile, in a substantive security move, Anthropic open-sourced a framework for AI-powered vulnerability discovery. In the crypto market, Bitcoin's price drop below $61,000 triggered over $1.16 billion in liquidations, flipping the market into a state where more BTC is held at a loss than at a profit, a historical bearish signal. On the corporate front, SpaceX's highly anticipated IPO is generating immense Wall Street excitement, with Goldman Sachs projecting 100x revenue growth by 2030. However, the S&P 500 has refused to fast-track the company's inclusion post-IPO, potentially limiting immediate institutional demand. Separately, ByteDance's AI app Doubao lost over 6 million monthly active users after introducing a subscription model, highlighting the challenges of AI monetization. Other notable developments include Nvidia certifying HBM4 memory from Samsung, SK Hynix, and Micron; Cloudflare's acquisition of front-end tooling company VoidZero; and its CEO warning that bot traffic now exceeds human traffic online. The underlying narrative connects these events: a trust crisis. From AI firms' contradictory actions and crypto volatility to the clash between SpaceX's hyped narrative and institutional rules, a pattern is emerging where stated intentions and actual practices are increasingly misaligned.

marsbitHá 23m

TechFlow Intelligence Agency: Anthropic Calls for Global Pause in AI Development While Preparing for Trillion-Dollar IPO; SpaceX IPO Roadshow Heats Up, But S&P 500 Rejects Fast-Track Inclusion

marsbitHá 23m

Dalio Warns: AI Boom Shows Signs of a Bubble, Day of Reckoning Will Be the Time of Burst

Ray Dalio, founder of Bridgewater Associates, warns that the current artificial intelligence investment boom shows classic signs of a bubble, which he expects will eventually burst. In a Bloomberg Television interview, he noted that great technological revolutions often lead to capital inflows that create bubbles, making it difficult for investors and companies to calibrate their spending accurately—either overspending to capture market share or underspending and losing their competitive position. This caution comes amid significant rallies in AI-related assets, particularly chipmakers, driven by soaring demand for data centers and high-bandwidth chips, raising debates about overheating valuations. In contrast, Nvidia CEO Jensen Huang recently asserted that investors embracing the AI wave would see "crazy" returns and dismissed concerns over return on investment for data center spending as outdated. Dalio, however, focuses on the risks in the profit realization phase. He argues that bubbles tend to show signs of破裂 when markets transition from investment to the need for tangible returns, describing the burst as a process of converting paper wealth into cash. While acknowledging AI's intrinsic value, he expressed concern over the future profitability of some AI companies, suggesting the market is repeating a familiar pattern. The 76-year-old billionaire, who fully exited Bridgewater in 2025, has a net worth estimated at $21.5 billion according to the Bloomberg Billionaires Index.

marsbitHá 57m

Dalio Warns: AI Boom Shows Signs of a Bubble, Day of Reckoning Will Be the Time of Burst

marsbitHá 57m

Privacy Coin Crisis of Confidence! ZEC Plunges Over 56% in a Single Day

Zcash (ZEC), a leading privacy-focused cryptocurrency, experienced a severe crash on June 5th, plummeting over 56% in a single day and erasing nearly two months of gains. The flash crash was triggered by the disclosure of a critical zero-knowledge proof vulnerability within Zcash's Orchard privacy pool, which had existed since the pool's launch in May 2022. The flaw theoretically allowed an attacker to forge unlimited ZEC undetectably due to the pool's privacy features. The vulnerability was discovered on May 29th by independent security researcher Taylor Hornby during a proactive audit commissioned by Shielded Labs, utilizing AI-assisted analysis. The Zcash development team responded swiftly, implementing an emergency soft fork to disable Orchard transactions on June 2nd and executing a permanent hard fork fix (NU6.2) on June 3rd. Despite the technical fix, a major crisis of confidence emerged. The core issue is that Orchard's privacy design makes it cryptographically impossible to prove whether the vulnerability was exploited over the past four years, casting permanent doubt on the historical supply integrity of ZEC. While Shielded Labs argues exploitation was unlikely, the inability to provide definitive proof has severely damaged market trust. This sentiment was exacerbated when BitMEX co-founder Arthur Hayes, a prominent ZEC supporter, announced he was selling his entire position. He stated that privacy assets require "perfect security" rather than "probable safety." The combined effect of the disclosure and Hayes's exit ignited widespread panic selling, leading to massive liquidations and significant price decline. Analysts note the event highlights a fundamental tension within privacy coins: the conflict between verifiable supply and cryptographic privacy.

链捕手Há 1h

Privacy Coin Crisis of Confidence! ZEC Plunges Over 56% in a Single Day

链捕手Há 1h

Trading

Spot

Futuros

Artigos em Destaque

Como comprar US

Bem-vindo à HTX.com!Tornámos a compra de Talus Network (US) simples e conveniente.Segue o nosso guia passo a passo para iniciar a tua jornada no mundo das criptos.Passo 1: cria a tua conta HTXUtiliza o teu e-mail ou número de telefone para te inscreveres numa conta gratuita na HTX.Desfruta de um processo de inscrição sem complicações e desbloqueia todas as funcionalidades.Obter a minha contaPasso 2: vai para Comprar Cripto e escolhe o teu método de pagamentoCartão de crédito/débito: usa o teu visa ou mastercard para comprar Talus Network (US) instantaneamente.Saldo: usa os fundos da tua conta HTX para transacionar sem problemas.Terceiros: adicionamos métodos de pagamento populares, como Google Pay e Apple Pay, para aumentar a conveniência.P2P: transaciona diretamente com outros utilizadores na HTX.Mercado de balcão (OTC): oferecemos serviços personalizados e taxas de câmbio competitivas para os traders.Passo 3: armazena teu Talus Network (US)Depois de comprar o teu Talus Network (US), armazena-o na tua conta HTX.Alternativamente, podes enviá-lo para outro lugar através de transferência blockchain ou usá-lo para transacionar outras criptomoedas.Passo 4: transaciona Talus Network (US)Transaciona facilmente Talus Network (US) no mercado à vista da HTX.Acede simplesmente à tua conta, seleciona o teu par de trading, executa as tuas transações e monitoriza em tempo real.Oferecemos uma experiência de fácil utilização tanto para principiantes como para traders experientes.

393 Visualizações TotaisPublicado em {updateTime}Atualizado em 2026.06.02

Discussões

Bem-vindo à Comunidade HTX. Aqui, pode manter-se informado sobre os mais recentes desenvolvimentos da plataforma e obter acesso a análises profissionais de mercado. As opiniões dos utilizadores sobre o preço de US (US) são apresentadas abaixo.