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CLARITY Act Pass Chance Drops | Bitcoin and Crypto News
Description
Crypto’s big legislative hope, the CLARITY Act, now has just a 50-50 chance of passing this year—down from 75% just weeks ago—thanks to a jam-packed Senate calendar and shrinking time before recess. While it cleared a key committee, critics worry it could let crypto firms offer stablecoin interest without traditional banking safeguards, sparking concerns from banks, Democrats, and law enforcement. With major bills like FISA and NDAA hogging attention, lawmakers face a tough balancing act—even as 200+ crypto firms push for swift action.
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