House OF Representatives

The Senate faces a pivotal decision on whether to advance the Clarity Act, a digital asset framework designed to bring clearer rules to the U.S. crypto market. Supporters argue the bill could help keep blockchain innovation onshore while addressing uncertainty that has pushed much cryptocurrency trading overseas.

The Digital Asset Market Clarity Act is approaching a possible Senate vote with its path still deeply uncertain. Crypto market participants are watching whether lawmakers can clear a procedural hurdle, delay the vote, or push the bill into another legislative vehicle.

The U.S. Senate is delaying floor action on the Digital Asset Market Clarity Act while leadership prioritizes federal nominations and a Russia sanctions bill. The schedule leaves crypto market structure legislation facing a narrowing path before the chamber’s summer recess and a likely September window for renewed momentum.

Senate leadership signaled that the Digital Asset Market Clarity Act is unlikely to clear its key pre recess window, weakening the odds of passage in 2026. White House crypto adviser Patrick Witt pushed back, saying the first week of August may still offer room for Senate action.

Kalshi has launched a U.S. Midterms Hub designed to show live market expectations for Senate and House races ahead of November’s elections. The move comes as the prediction market platform seeks regulatory approval to expand perpetual contracts beyond crypto into gold, silver and platinum.

A revised version of the Digital Asset Market Clarity Act may be released as soon as next week as Senate negotiators try to keep crypto market structure legislation alive. The effort still faces unresolved fights over ethics rules, agency authority and the Democratic votes needed to clear the Senate.

The U.S. Senate has passed a bipartisan housing affordability bill that includes a temporary ban on a central bank digital currency. The measure is expected to move quickly through the House and could become law soon.

Leading U.S. crypto advocacy groups are urging the House tax committee to move forward with a bill that would clarify how mined assets and staking rewards are taxed. The push comes as industry tax policy becomes a second major lobbying front alongside market structure legislation.