What is the CLARITY Act?

The CLARITY Act is proposed US legislation that would define how digital assets are regulated by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The bill aims to provide clearer rules for crypto companies, investors and developers.

Why are more than 200 crypto companies pushing for the CLARITY Act?

More than 200 crypto firms and organisations believe the bill would reduce regulatory uncertainty and encourage investment in the US crypto industry. They argue that clear rules could help keep jobs, capital and innovation from moving to overseas markets.

Why has the CLARITY Act been delayed in the Senate?

The bill has stalled because lawmakers and industry groups disagree on several key issues. Ongoing debates include stablecoin yield products, protections for decentralised software developers, ethics requirements and measures aimed at preventing illicit finance.

What would the CLARITY Act mean for crypto investors?

If passed, the legislation could provide clearer regulatory definitions for digital assets and crypto businesses. Greater regulatory certainty may help reduce legal ambiguity, although the final impact will depend on the bill's final language and implementation.

Why do crypto companies say the CLARITY Act matters?

Supporters argue that digital asset markets are becoming a core part of global financial infrastructure. They believe the legislation would help ensure the US remains competitive as other countries continue developing crypto regulations and attracting blockchain businesses.

What are the main points of disagreement holding up the bill?

Key sticking points include whether crypto platforms should be allowed to offer stablecoin yield products, how decentralised protocol developers should be treated under the law, and whether stronger ethics and anti-money laundering provisions should be added.

How likely is the CLARITY Act to pass in 2026?

The outlook has become more uncertain. Galaxy Digital recently reduced its estimated odds of passage in 2026 from 75% to 60%, citing limited legislative time and unresolved negotiations.

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Crypto groups press Senate on CLARITY vote

Q: Which crypto organisations are supporting the CLARITY Act?

The effort is being led by industry groups including Stand With Crypto, The Digital Chamber, Blockchain Association and Crypto Council for Innovation. Together, they represent hundreds of crypto companies and stakeholders.

Written by Isaac FrancisPublished Jun 9, 2026, 6:24 AM

More than 200 cryptocurrency companies and organisations have called on US Senate leaders to advance the CLARITY Act, warning that delays could jeopardise the bill's chances of becoming law before a key legislative deadline.

In a letter led by crypto advocacy group Stand With Crypto, industry representatives urged Senate Majority Leader John Thune and Senate Minority Leader Chuck Schumer to bring the legislation to the Senate floor for a vote.

The letter argued that months of bipartisan work had already advanced the bill through committee stages and that lawmakers should build on that momentum by moving forward with comprehensive crypto market structure legislation.

The CLARITY Act would establish how the US Securities and Exchange Commission and the Commodity Futures Trading Commission oversee digital assets, addressing a longstanding source of uncertainty for the crypto industry.

Industry groups including The Digital Chamber, Blockchain Association and Crypto Council for Innovation said the legislation would help retain investment, jobs and innovation within the United States rather than pushing activity offshore.

The bill has repeatedly stalled amid disagreements over stablecoin yield products, protections for decentralised software developers, ethics provisions and measures aimed at combating illicit finance, with lawmakers seeking enough support to clear the Senate's 60-vote threshold.

The growing uncertainty has prompted analysts at Galaxy Digital to reduce their estimated probability of the bill passing in 2026 from 75% to 60%, warning that if the legislation does not advance before the Senate's August recess, its path to enactment could become significantly more difficult.