Why the CLARITY Act Has Been Stuck — And What’s Changing

[madmax]

The Digital Asset Market Clarity Act has faced repeated delays despite early momentum, largely due to disagreements over complex issues like stablecoin regulation, tokenized equities, and the division of authority between regulators.

While the Senate Agriculture Committee already approved parts of the bill, further progress requires alignment with the Senate Banking Committee, which oversees financial regulations. This dual oversight has slowed the process, as lawmakers attempt to balance innovation with investor protection.

Executives from Coinbase have recently indicated that negotiations are nearing completion, suggesting that compromises on previously contentious topics may finally be within reach. If passed, the bill could define how crypto assets are classified—whether as securities or commodities—and establish clearer compliance requirements for exchanges and issuers.

For the market, this would represent a major turning point, potentially reducing uncertainty that has long held back institutional adoption in the US.

[etfs]

progress happening at government speed as usual