CLARITY Act Update: The Real Battle Begins Now

The CLARITY Act just passed the Senate Banking Committee 15:9, A massive win for US crypto regulation. But don't celebrate yet.

Critical Timeline:
Bill must clear full Senate + House-Senate reconciliation BEFORE:
👉 House Recess → Jul 27
👉 Senate Recess → Aug 10

Miss this window? Everything gets pushed to the fall agenda and passage becomes much harder.

The 5 Core Hurdles:
1️⃣ SEC vs CFTC Split - Direction clear, classification still pending
2️⃣ Stablecoin Rewards - Interim compromise reached, but fragile
3️⃣ AML & National Security - Stricter KYC rules incoming
4️⃣ Ethics & Conflicts of Interest - The BIGGEST political risk (Trump family crypto ties under fire)
5️⃣ DeFi & Developer Liability - Boundaries still unset

Needs 60 Senate votes → at least 7 Democrats must cross over. The fight is no longer technical. It's purely political.

If Democrats hold back on Ethics provisions, this bill stalls. If the language goes too strong, Republicans + industry push back.

The window is open, but closing fast.

This is the most important crypto legislation of the decade. Watch this space closely.