Crypto Industry Faces ’Now or Never’ Moment as CLARITY Act Deadline Looms

BTCC / BTCC Square / Global Cryptocurrency /

Author:

Release Time:

2026-05-31 21:46:02

BTCCSquare news:

The US Senate has four working weeks to advance the CLARITY Act before June recess, with Galaxy Digital CEO Mike Novogratz warning "it's literally now or never." The market structure bill, which cleared committee with bipartisan support, now competes for floor time against reconciliation talks and other legislative priorities.

Treasury Secretary Scott Bessent's push for action correlated with a 60% approval probability on prediction markets. Senator Cynthia Lummis has emphasized this may be the last viable window for crypto legislation in the current session. The industry watches as institutional adoption hangs in the balance.

By:

Log in to Reply

Premu Launches Decentralized Prediction Market Platform with User-Created Markets and Leveraged Trading

Articles on this site are sourced from public networks or curated by AI for informational purposes only and do not represent BTCC’s views. Original rights belong to the respective authors. For copyright concerns, please contact [email protected]. BTCC assumes no liability for the accuracy, timeliness, or completeness of this information, and disclaims all liability arising from reliance on such content. This content is for reference only and should not be taken as investment, legal, or commercial advice.