🇺🇸 CLARITY Act Stalls in the Senate

The U.S. Senate failed to secure the 60 votes needed to move the CLARITY Act forward, blocking the start of debate on the crypto market-structure bill.

This wasn’t a final vote on the bill itself. It was a procedural vote on whether the Senate should begin debate, meaning the legislation has been stalled rather than formally rejected.

The House passed its version 294–134 in July 2025, while the Senate Banking Committee advanced its version in May 2026. Republicans were also preparing a 635-page substitute amendment.

But negotiations with Democrats broke down over crypto ethics rules, stablecoin yield, DeFi protections, paid-promoter disclosures and customer safeguards.

The bill would divide crypto oversight between the SEC and CFTC and establish rules for platforms, self-custody, developers and AML compliance.

Another vote or revised version is still possible, but with limited time before the midterms, comprehensive crypto legislation now looks unlikely in 2026.

Work on stablecoins, tokenized securities and agency rulemaking can continue separately.