Is Clarity's delay a blessing in disguise?: State of Crypto
The Digital Asset Market Clarity Act faces significant delays in the U.S. Senate, with experts suggesting the bill is unlikely to pass this year. Ethical concerns regarding President Trump's crypto business ties are cited as a major obstacle to legislative progress.
Why it matters
The failure to pass clear crypto regulations creates ongoing uncertainty for the digital asset industry and highlights the impact of political ethics on financial policy.
You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions.
The Digital Asset Market Clarity Act will not make it through any Senate procedural votes in August. It's an open question whether it will make it through the Senate when lawmakers return in mid-September. But it seems clear that the bill would not have made much progress if a vote had been held.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in