Bipartisan legislation designed to clearly divide SEC and CFTC oversight of crypto. Securities go to SEC, commodities to CFTC. No more gray zone.
Senate summer recess and competing legislative priorities pushed the vote to September. Crypto regulation isn't the priority compared to other economic bills.
If passed, the Clarity Act provides permanent legal framework for crypto markets. But if it fails, the regulatory ambiguity that's existed for years continues.
Rather than wait for Congress, the SEC is voting August 14 on Regulation Crypto, its own framework. This proactive move signals the agency won't stay idle.
The delay means more legal uncertainty through September. But combined with SEC's Regulation Crypto, there's now a dual path: SEC rules or eventual congressional clarity.
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