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US crypto industry faces critical moment as Clarity Act ethics talks stall legislation progress

Market News
17 Jul 2026
UToday
View Source
Neutral
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The US cryptocurrency industry is at a pivotal point as negotiations over the Clarity Act, a major crypto regulatory bill, face delays due to ethics provisions demanded by Democrats. Kristin Smith, president of the Solana Policy Institute, remains optimistic that a compromise on conflict-of-interest rules for lawmakers can be reached, potentially allowing the bill to pass the Senate soon. If enacted, the Clarity Act would enhance investor protections and boost institutional adoption of crypto. However, betting markets show only a 36% chance the legislation will pass before 2027, reflecting growing skepticism despite industry hopes.

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