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CLARITY Act's 2026 passage uncertain amid ethics debates; Movement Labs files bankruptcy, Kalshi launches Midterms Hub

Market News
22 Jul 2026
Crypto Briefing
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Bearish
pluang ai news

The U.S. CLARITY Act, aimed at regulating the crypto market, faces delays due to unresolved ethics provisions preventing federal officials from profiting from crypto. This uncertainty has shaken market confidence about its 2026 enactment. Meanwhile, Kalshi has introduced a U.S. Midterms Hub to enhance political prediction markets with live election data. Additionally, Movement Labs filed for Chapter 11 bankruptcy, highlighting financial struggles in the blockchain sector. Market watchers will closely follow developments in the Act's negotiations and the broader impact of these events on the crypto ecosystem.

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