New Crypto Clarity Act Draft Expected to Drop Next Week
A revised version of the crypto market structure bill could arrive as early as next week, according to sources familiar with the matter.
Washington lawmakers are preparing to release an updated draft of the crypto Clarity Act as soon as next week, according to sources with knowledge of the legislative effort, marking a significant step forward in the long-running push to establish clear regulatory rules for digital assets in the United States.
The legislation, which aims to define how cryptocurrencies are classified and which federal agencies hold jurisdiction over them, has been a central priority for crypto advocates on Capitol Hill. A new draft would signal fresh momentum at a time when the industry is pressing Congress to act before regulatory uncertainty continues to weigh on domestic innovation and investment.
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The timing of the release carries real weight. Congressional calendars are notoriously unpredictable, and any delay could push the bill further into a legislative cycle already crowded with competing priorities. Proponents argue that getting a draft text circulated quickly gives stakeholders — including exchanges, token issuers, and institutional investors — a window to weigh in before the bill advances through committee.
The crypto market structure debate has intensified over the past year as both the Securities and Exchange Commission and the Commodity Futures Trading Commission have staked overlapping claims to oversight authority. A clear statutory framework could resolve that jurisdictional ambiguity and provide the legal certainty that industry participants say they need to operate confidently in the U.S. market.
No final text has been publicly released, and the precise contents of the updated draft remain unknown. Continue reading at CoinDesk.