A key turning point for US crypto regulation! Under the Clarity Act, a procedural vote will be held in the Senate next week, which directly affects the fate of the crypto industry for the next decade. Republican Senator Lummis has said: if it doesn’t pass this time, there’s no hope for the rest of this decade.
At the heart of this bill is giving digital assets “proper registration,” clarifying whether they are securities, commodities, or stablecoins, and putting an end to the current regulatory chaos.
Although the House passed it last year, it was tabled due to a dispute between banks and crypto companies over stablecoin yield. Now the Democrats are still wrangling over issues involving the Trump family’s involvement in the crypto space, and they want it to be revised further.
Lummis has kicked the ball back to the Democrats, saying they must compromise—don’t count on the White House to back down.
Now is a critical moment of bipartisan power struggle.
If political infighting keeps dragging on, regulators may effectively shut the industry down; if differences can be bridged, the crypto industry will truly gain a legitimate identity.
Next week’s vote is the barometer—this is not only a US bill, but also an important step toward global crypto compliance.
$HYPE $ZEC $ETH
At the heart of this bill is giving digital assets “proper registration,” clarifying whether they are securities, commodities, or stablecoins, and putting an end to the current regulatory chaos.
Although the House passed it last year, it was tabled due to a dispute between banks and crypto companies over stablecoin yield. Now the Democrats are still wrangling over issues involving the Trump family’s involvement in the crypto space, and they want it to be revised further.
Lummis has kicked the ball back to the Democrats, saying they must compromise—don’t count on the White House to back down.
Now is a critical moment of bipartisan power struggle.
If political infighting keeps dragging on, regulators may effectively shut the industry down; if differences can be bridged, the crypto industry will truly gain a legitimate identity.
Next week’s vote is the barometer—this is not only a US bill, but also an important step toward global crypto compliance.
$HYPE $ZEC $ETH
