The Clarity Act Is Probably Dead: Here’s What’s Next for Its Successor Legislation

Legislative limbo hits crypto regulation—again.

The Clarity Act flatlined. Lawmakers scramble for a replacement framework that actually understands blockchain instead of treating it like a digital bogeyman.

What's brewing behind closed doors

Insiders whisper about three rival proposals already circulating. One pushes for clear token classification. Another wants decentralized exchanges to play by traditional rules. The third? A complete overhaul that would make the SEC and CFTC share a desk—and maybe a brain.

Industry players aren't waiting around. Crypto firms already deploy lobbyists like it's a bull run. They want provisions that protect innovation while slapping down the worst frauds.

Timeline? Don't hold your breath. Congressional calendars overflow with partisan gridlock. Optimists whisper 'six months.' Realists mutter 'never.'

Meanwhile, Wall Street still can't decide if Bitcoin is an asset, a currency, or just something to blame when their quant models break. Some things never change.