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Republicans Maintain Goal to Pass CLARITY Act by 2026 Despite Shutdown

U.S. Representative Bryan Steil reaffirms commitment to the CLARITY Act, while Senate leaders pledge to finalize their version, amid concerns over delays due to the ongoing government shutdown.

Summary

U.S. Representative Bryan Steil reaffirmed plans to pass the CLARITY Act by 2026, despite the ongoing government shutdown. Senate leaders also committed to finalizing their version of the bill within the same timeline. Industry stakeholders express growing concerns over delays as the shutdown persists.

Terms & Concepts
  • CLARITY Act: A proposed U.S. legislation aimed at defining and regulating the structure of cryptocurrency markets.
  • Market Structure Regulation: Rules and frameworks that govern the organization, operation, and oversight of trading venues and financial markets, including cryptocurrencies.