Crypto Industry Pushes Congress to Pass CLARITY Act Before 2026
Advocacy groups are urging lawmakers to advance a comprehensive crypto market structure bill as the legislative window narrows ahead of midterms.
With midterm elections on the horizon, the cryptocurrency industry is mounting pressure on Congress to pass the CLARITY Act, a comprehensive crypto market structure bill, before the political calendar makes major legislation increasingly difficult. Advocacy organizations warn that the window for meaningful action is closing, and delays risk leaving the digital asset sector in a prolonged regulatory gray zone.
The urgency reflects a broader pattern in Washington, where complex financial legislation tends to stall as election cycles approach and lawmakers grow cautious about controversial votes. For the crypto industry, which has spent years navigating a patchwork of agency guidance and enforcement actions rather than clear statutory rules, a market structure framework would represent a foundational shift in how digital assets are regulated and traded in the United States.
Read more Congress Moves to Close Crypto's Wash Sale Tax Loophole →
At the same time, the push for the CLARITY Act is unfolding against a backdrop of friction over ethics rules — a separate but politically charged debate that threatens to complicate the bill's path forward. Pushback on ethics-related provisions signals that even sympathetic lawmakers may face internal party pressures that could slow or reshape the legislation before it reaches a floor vote.
Industry groups appear to be betting that framing CLARITY as a competitiveness issue — one tied to whether crypto innovation migrates offshore — can generate bipartisan momentum. Whether that argument proves persuasive enough to overcome the institutional inertia of a pre-election Congress remains the central question hanging over the effort.
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