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Crypto Clarity Act
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- 1Who Will Draft the Crypto Clarity Act Next Congress?▼Who Will Draft Crypto Clarity Act Next Congress?
Attention is turning to which US lawmakers will take up the Crypto Clarity Act in the next Congress, a bill aimed at settling how digital assets are regulated. The question comes as crypto firms and investors press Washington for clear rules on whether tokens are securities or commodities. The composition of the incoming Congress, including control of key committees, is expected to shape who leads the drafting effort.
- 2Trump family crypto ventures stall Clarity Act in Congress●How political tensions over Trump family crypto ventures derailed Clarity Act
Efforts to pass the Clarity Act, a bill to set clear US rules for crypto markets, have stalled amid political tensions tied to the Trump family's growing crypto ventures. Critics say the family's financial interests in digital assets have complicated negotiations, giving Democrats reason to resist and Republicans reason to defend, leaving the legislation in limbo on Capitol Hill.