Senate expected to pass Crypto Clarity Act within a week: SEC’s Peirce

https://crypto.news/hester-peirce-exits-sec-for-regent-law-in-november/ SEC Commissioner Hester Peirce has announced that the U.S. Senate is expected to pass the Crypto Clarity Act within the next week. This announcement, made via social media, comes as the bill has already passed the House and cleared the Senate Banking Committee. However, the bill has yet to pass the full Senate, requiring a 60-vote threshold, and must go through additional steps before becoming law. Market participants appear to interpret Peirce’s statement as increasing the likelihood of progress on the bill, though it remains speculative without confirmation from higher-tier sources. The Crypto Clarity Act is a significant piece of legislation aimed at defining regulatory responsibilities over digital assets between the SEC and the Commodity Futures Trading Commission (CFTC). Commissioner Peirce has previously indicated that the Act would impose substantial rulemaking obligations on the SEC. Despite Peirce’s optimism, the bill’s progress has been stalled by unresolved issues, including ethics provisions and stablecoin yield rules. The market for the Clarity Act being signed into law in 2026 has seen recent act...