The post CLARITY Act Merged Draft Nears Release, Faces 60-Vote Senate Test appeared on BitcoinEthereumNews.com.
CLARITY-ACT News A merged draft of the CLARITY Act, the sweeping U.S. crypto market-structure bill, could surface as early as the week of July 13, according to people tracking the negotiations. The revised text fuses the Senate Banking Committee and Agriculture Committee versions into a single document that has reportedly grown by more than 70 pages, with the additions said to sharpen consumer-protection language. The timing is pivotal: lawmakers have roughly three working weeks in July plus the first week of August before the chamber breaks for its summer recess. If the window closes without movement, the entire effort risks slipping into 2027, a delay that would prolong regulatory limbo for digital assets. The consolidated text still must clear a 60-vote threshold on the Senate floor, and a full-chamber vote is pencilled in for the week of July 20, ahead of the August 7 rec
The post Will a $189M Lobbying Campaign Result in Crypto CLARITY? appeared on BitcoinEthereumNews.com.
The crypto industry has spent years convincing Washington that it deserves a seat at the table. Now, as Congress inches toward passing the CLARITY Act, a long-awaited crypto market structure bill, it seems it finally has one. The question is no longer whether lawmakers are listening to digital asset advocates, but whether the crypto lobby’s deep pockets and influence in election campaigns will be enough to get the legislation over the line. That debate comes as Senate negotiators work toward a potential floor vote before Congress breaks for its August recess. In a June 25 thread on X, Kristin Smith, president of the Solana Policy Institute and former chief executive of the Blockchain Association, argued that crypto’s advocacy operation is “the strongest and most sophisticated it has ever been.” She pointed to bipartisan negotiations, daily meetings with lawmakers, and what she descri
As the CLARITY Act advances, crypto's growing political influence in Washington is under scrutiny. But the crypto lobby's massive campaign spend is only part of the story.
The post SEC could start writing crypto rules before the Senate votes on CLARITY appeared on BitcoinEthereumNews.com.
Three SEC crypto proposals are now penciled in for July, covering token offerings, broker-dealer custody and trading venues. The agency could start writing the rules before the Senate even decides whether to take up the CLARITY Act. Earlier this week, SEC Chair Paul Atkins said the agency’s 2026 regulatory agenda aims to bring more crypto products onshore, create clearer rules for capital raising with crypto assets, and clarify how market participants can custody and facilitate the trading of tokenized securities on-chain. According to him: “[These efforts are to] ensure that the next chapter of financial leadership is written in the US, and that our capital markets continue to lead the world – in their depth, their dynamism, and their unrivaled ability to transform ingenuity into prosperity.” That posture has translated into three July NPRM targets covering crypto-asse
The post Paul Grewal Bids Farewell to Coinbase After Landmark SEC Win & CLARITY Act Push appeared on BitcoinEthereumNews.com.
Coinbase Chief Legal Officer Paul Grewal has announced his departure from the company after six years at the helm of its legal and policy operations. His exit marks the close of a defining chapter for one of the most prominent Chief Legal Officers in the crypto industry. Paul Grewal Six-Year Legacy at Coinbase On July 9, 2026, Grewal took to his X handle to disclose his departure date to the public, stating it would be by month end. This notice sparked a lot of mixed feelings from the community. Paul Grewal took up the Chief Legal Officer position at Coinbase in 2020, amidst the intense regulatory scrutiny for the whole crypto industry. Notwithstanding, he made a remarkable impact during his tenure. After 6 years I’m leaving @Coinbase. I’ll be transitioning to an advisory role at the end of the month and continue my service on the Board of Coinbase National Tr
The post Clarity Act Talks Continue as White House Responds to SEC, CFTC Nomination Dispute appeared on BitcoinEthereumNews.com.
Key Insights: The White House stated that Democrats never submitted SEC and CFTC nominees before the Clarity Act debate. The legislation would split crypto regulation duties between the US SEC and the CFTC. The US SEC plans a new crypto proposal as lawmakers continue Clarity Act negotiations. Clarity Act negotiations have entered another phase. The White House rejected claims that the Trump administration refused to nominate Democratic commissioners to the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission. The response came through a letter to Senate leaders. In that letter, the administration said it had already requested Democratic recommendations for the vacant positions. The exchange unfolded as lawmakers from both parties continued urging Congress to fill the minority seats before taking further action on the Clarity Ac
The post DAMCA Senate Vote: Ethics Fight Threatens Passage appeared on BitcoinEthereumNews.com.
Clarity Act News: A unified draft of the Digital Asset Market Clarity Act, merging work from the Senate Banking and Agriculture Committees, may be released as soon as next week, with advocates expecting the legislation to reach the Senate floor during the week of July 20. The merged text is said to have grown by more than 70 pages relative to prior versions, reflecting extensive committee-level negotiations, and places additional weight on consumer protections. This is not simply a procedural update. It is a narrow-window pressure test for whether a crypto market-structure framework can survive the Senate’s 60-vote threshold before summer recess forecloses the legislative calendar entirely. Clarity Act News: The Ethics Stalemate and What the AG Enforcement Clause Actually Said The bill’s central unresolved fault line remains ethics restrictions. Senate Democrats have demanded language barrin
The post New CLARITY Act Draft Expected Next Week as Senate Banking & Agriculture Committees Merge Text appeared on BitcoinEthereumNews.com.
The U.S. Senate is edging closer to a landmark moment in crypto regulation. A unified version of the Digital Asset Market CLARITY Act could drop as early as next week, according to people briefed on the negotiations, as Senate Banking and Agriculture Committee staff finalize a merged draft in a narrow window before the August recess. The push marks what could be the last real shot at passing comprehensive crypto market structure legislation in 2026. Two Senate Committees Unite on a Single New CLARITY Act Draft The Senate Banking Committee and the Agriculture Committee have had overlapping turf and were working for months on separate pieces of legislation. Banking was dedicated to the SEC’s regulation of digital asset securities, and agriculture was dedicated to the CFTC’s jurisdiction over digital commodities. This amalgamated version of the docum
The post Coinbase Legal Chief Steps Down: Is Clarity Act Dead? appeared on BitcoinEthereumNews.com.
The community’s reactions Has the Clarity Act stalled out? Paul Grewal, the chief legal officer who was responsible for steering Coinbase through some of its most turbulent regulatory battles, has suddenly announced that he is calling it quits. Grewal revealed on X that he will be stepping down to transition into an advisory role at the end of July. He will pass the torch to Molly Abraham, who will take over as the new General Counsel. Grewal’s achievements include taking the company public, defeating the SEC in court, and championing major legislation like the GENIUS and CLARITY Acts. ‘Not Happening’: Former SWIFT Exec Shuts Down XRP Integration Rumors XRP, Shiba Inu, Solana (SOL) and Ethereum (ETH) Price Analysis for June 10: Market Fuel Comes In Handy His sudden exit has obviously sent shockwaves through the crypto community. Notably, some have interpreted this as a sign that the l
