CLARITY Act Delayed Again as Senate Lacks Votes for Crypto Reform
The Senate Agriculture Committee postponed the CLARITY Act markup until late January due to insufficient bipartisan votes.Summary
The US Senate has delayed the markup session for the Digital Asset Market Structure CLARITY Act until the last week of January, signaling that leaders lack the necessary bipartisan votes to advance the comprehensive crypto reform bill. Senate Agriculture Committee Chairman John Boozman cited the need to preserve bipartisan support for postponing the vote, which was originally scheduled alongside the Senate Banking Committee's markup. The delay suggests deep disagreements persist over key provisions, including stablecoin rewards, DeFi oversight, and the division of regulatory power between the SEC and the CFTC. The CLARITY Act, which aims to establish formal legal classifications for digital assets and create federal rules for exchanges, needs approval from both committees to proceed to the full Senate. Lawmakers are attempting to renegotiate language to rebuild a coalition and avoid a failed vote that could derail crypto legislation for the year.
(Source：BeInCrypto)