Bank Pushback Threatens 2026 Enactment Of CLARITY Crypto Market Structure Bill
In a Thursday report, Reuters indicated that the CLARITY Act, a long-awaited U.S. crypto market structure bill, may fail to become law in 2026 amid growing resistance from major banks. Lenders are opposing key clauses on stablecoin rewards and yield-bearing products, rejecting a White House compromise that crypto firms have agreed to. With Senate floor time shrinking ahead of midterm campaigning, analysts warn that the legislative window to pass and send the bill to the President could close as early as July.