DAMCA Senate Vote: Ethics Fight Threatens Passage

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 Lummis Says Senate Nears Final Push on Landmark Crypto CLARITY Act  appeared on BitcoinEthereumNews.com. Lummis said the Senate is close to finalizing the CLARITY Act after months of difficult negotiations. Lawmakers continue resolving DeFi, ethics, and illicit finance issues before a final Senate vote. Regulators urged Congress to pass the CLARITY Act as analysts lowered its approval odds. Senator Cynthia Lummis said lawmakers are close to finalizing the Digital Asset Market CLARITY Act after months of negotiations, with the Senate aiming to release the bill’s final text and move it forward this month. Speaking to Fox Business, Lummis said negotiators have resolved several major disagreements, although the effort missed its original July 4 target. The Wyoming Republican said lawmakers have worked through difficult policy issues since last Labor Day. While most of the major disputes have been settled, she noted that a few outstanding issues still need to be resolved before the

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 Digital Asset Market Clarity Act Faces Uphill Battle Despite New Draft Coming Next Week appeared on BitcoinEthereumNews.com. TLDR An updated version of the Digital Asset Market Clarity Act may arrive next week Democratic backing remains absent, primarily due to disagreements over ethics standards for officials involved in crypto Three contentious matters persist: safeguards for developers, exemptions from money laundering laws, and stablecoin incentive programs CFTC leadership cautions that regulatory agencies might draft crypto policies independently if lawmakers don’t act Congress faces a compressed timeline — just several weeks between mid-July and early August — to approve the legislation Legislators could unveil a revised edition of the Digital Asset Market Clarity Act within days, sources close to the discussions revealed. This proposed legislation seeks to establish a complete regulatory structure governing digital currencies across the nation. LATEST: A new CLARITY Act

The post New CLARITY Act Draft Could Land Next Week as Senate Faces 60-Vote Test appeared on BitcoinEthereumNews.com. Key Takeaways Sources say the merged CLARITY Act adds over 70 pages and could drop the week of July 13. The bill needs 60 Senate votes; two Democrats warn unresolved ethics rules could cost their support. Floor action is targeted for the week of July 20, ahead of the Aug. 7 recess seen as the deadline. A Development That Could Change a Lot The new draft would fuse the versions produced by the Senate Banking and Agriculture Committees into a single text. Reporters following the effort said more than 70 pages of text have been added to the unified version, which is described as placing heavier emphasis on consumer protections than earlier drafts. With only three working weeks in July and the first week of August left before lawmakers scatter for the summer break and attention shifts to the fall midterm elections, the coming July 13 to Aug. 7 stretch stands to be a decisiv

Lawmakers may unveil a merged version of the Digital Asset Market Clarity (CLARITY) Act next week, potentially, with Senate floor action eyed for July 20. A Development That Could Change a Lot The new draft would fuse the versions produced by the Senate Banking and Agriculture Committees into a single text. Reporters following the effort […]

The post Senator Elizabeth Warren slams CLARITY Act as a ‘ticket to sanctions evasion’ appeared on BitcoinEthereumNews.com. Democratic Senator Elizabeth Warren has maintained her strong opposition to the broader crypto market bill, the CLARITY Act. Amid increasing uncertainty about the bill’s path and the industry’s push for a Senate floor vote, Sen. Warren said,  As currently drafted, the CLARITY Act is a ticket to sanctions evasion. She was echoing concerns raised by Richard Nephew, a former special envoy for Iran and director for Iran at the U.S National Security Council (NSC). Nephew called out the Senate for pushing the CLARITY Act with broader exemption for DeFi and weak anti-money laundering (AML) requirements.  For him, the recent freezing of over $1B of Iranian crypto by the U.S Treasury would be impossible with DeFi legal exemptions proposed in the bill. He added,  The bill would leave parts of the crypto ecosystem vulnerable to exploitation by terrorists, sanctions evaders,

The post Polymarket prices BTC above $52K at 99.95% as CLARITY Act chatter builds appeared on BitcoinEthereumNews.com. Jessie A Ellis Jul 10, 2026 02:03 A new report says Bitcoin’s rebound is being pitched as a “CLARITY Act” catalyst over the next four weeks, even as no Senate floor vote is scheduled and delays could push action past Aug. 7. Polymarket prices BTC above $52K at 99.95% as CLARITY Act chatter builds Polymarket Holds Steady as CLARITY Act Timeline Becomes a Catalyst Narrative for Bitcoin July 11 Strikes Polymarket’s “Bitcoin above ___ on July 11?” ladder is pricing a high-confidence floor at the lower strikes, with $335,670 traded and the leading $52,000 outcome sitting at 99.95% Yes. The setup comes as traders digest a Washington-focused catalyst narrative tied to the CLARITY Act timeline, but the ladder shows where conviction fades at higher levels. Key Takeaways Polymarket implies a 99.95% chance Bitcoin is above $52,000 on July 11 (and 99.05% above $6