CLARITY Act faces Senate Democrat resistance over ethics provision

https://247wallst.com/investing/cryptocurrency/2026/07/22/the-clarity-act-is-now-one-clause-away-from-passing-should-xrp-holders-celebrate/ The CLARITY Act, a key legislative proposal concerning U.S. digital asset market structure, is encountering significant resistance due to its ethics provision. According to Adrian Wall, no Senate Democrat supports the current ethics language, which has emerged as a major hurdle in advancing the bill. This provision, which addresses rules for senior officials’ involvement with digital assets, has drawn criticism for being insufficiently robust. As a result, market participants appear to view this issue as a possible delay in the Act’s progress, which may be reflected in the decreased probability of the bill being signed into law this year. Key Takeaways The current ethics provision in the CLARITY Act appears to be a significant obstacle, as suggested by Adrian Wall’s remarks. Market pricing indicates a decreased likelihood of the CLARITY Act becoming law in 2026, with YES odds dropping to 32.5%. Senate Democrats’ objections to the ethics language suggest continued debate and possible amendments before further progress. What to Watch Observers sh...