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Does the US Suddenly Give Cryptocurrencies an ID Card?
Can the Clarity Act Really Be Enacted by 2026?
After years in the crypto world, we're finally approaching a historic moment:
The US might officially tell everyone, "Which coins are securities, and which are commodities."
On May 14th, the US Senate Banking Committee passed the Clarity Act with a vote of 15:9.
Don’t be fooled by it just being a committee vote; the entire crypto community is already buzzing like a World Cup goal.
The reason is simple—what the market fears most has never been regulation, but rather "Today the SEC says you're illegal, tomorrow the CFTC claims jurisdiction."
In recent years, US regulators have been like "parents blaming each other in a group chat."
The SEC thinks most tokens are securities;
The CFTC believes some assets are more like commodities;
Project teams are like kids caught in a divorce family every day.
The biggest significance of the Clarity Act now is to put an end to this "regulatory palace intrigue."
But here’s the question: can it really become law by 2026?
My personal judgment: the probability is relatively high, but the process will definitely be more dramatic than "Game of Thrones."
Because inside Washington now, digital assets are no longer just a technical debate, but a "battle for the future of financial discourse."
Supporters believe the US must seize the digital asset era; otherwise, financial innovation will move to Singapore, the Middle East, or the on-chain world.
Opponents worry: if regulation loosens, will it turn into a "legalized casino"?
What’s more exciting is that the Trump camp has recently shown a clear warming attitude toward crypto.
Wall Street capital is also increasingly backing digital assets.
In other words, it’s not just the crypto community pushing—capital markets are pushing too.
But the real danger lies in "conflicts of interest."
Who will regulate? SEC or CFTC?
Who has the final interpretive authority?
Which projects can legally raise funds?
Behind these questions are trillions of dollars in interests.
So I believe:
The chance of passing before 2026 is about 65%.
The reason is that the overall direction has already been set—America cannot keep the crypto industry in a gray area forever.
But there will definitely be constant amendments, negotiations, delays, and even scenes where progress gets blocked at the last moment.
Because the US political system is best at one thing: "Everyone agrees something is important, but no one is willing to make the first concession."
A true new era for crypto might really be coming soon.
It’s just that the efficiency of the US Congress… sometimes is slower than ETH’s old Gas fees.