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THE BIGGEST CRYPTO REGULATORY BREAKTHROUGH IN YEARS MAY BE DAYS AWAY.”
#ClarityActFinalStretch is gaining momentum as more than 200 crypto companies, including Coinbase, Ripple, Kraken, a16z, and Circle, jointly urge the U.S. Senate to bring the Digital Asset Market Clarity Act to a full vote.
The bill has already cleared the Senate Banking Committee with bipartisan support in a 15-9 vote. Senator Cynthia Lummis described the legislation as being “on the 5-yard line,” signaling that crypto regulation in the United States may be closer to resolution than ever before.
At the same time, the House Ways and Means Committee is reviewing multiple crypto tax reforms, including de minimis exemptions for small transactions, clearer staking income rules, stablecoin payment treatment, and Wash Sale reforms.
What makes this development different is that both chambers of Congress now appear to be moving in the same direction. For years, regulatory uncertainty has been one of the largest obstacles preventing institutional adoption. A clear legal framework could unlock new capital, encourage innovation, and reduce compliance risks across the industry.
If passed, the Clarity Act could become one of the most important crypto policy victories since the launch of spot Bitcoin ETFs.
Washington is no longer debating whether crypto should exist.
It’s now debating how the industry will be regulated.
@OKX Orbit #ClarityActFinalStretch
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