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Clarity Act Fails But Crypto Moves Forward | Bitcoin and Crypto News
Description
The crypto Clarity Act fell short in the Senate, leaving regulators without a new law to define digital asset categories or grant the CFTC explicit oversight power—but that’s not stopping action. The SEC and CFTC are already using existing authority to issue guidance, while the Fed, Treasury, and IRS push forward with their own policies. Last year’s GENIUS Act already gave stablecoins legal footing, and the SEC is preparing rules to simplify tokenized securities and fundraising. Though the legislative setback is notable, the U.S. crypto landscape is evolving through agency-driven regulation—and the industry is adapting.
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