Two July Windows Left: The CLARITY Act’s Senate Fight and What Failure Means
The CLARITY Act, the bill that would define whether digital assets fall under SEC or CFTC jurisdiction, has two remaining floor windows before the August recess: the weeks of July 20 and July 27. Miss both, and Senator Lummis has warned that market…
June PPI Misses Forecast by 0.7 Points, Boosting Rate Cut Expectations
June PPI came in at -0.3% month over month against a consensus of 0.0%, and 5.5% year over year versus an expected 6.2%. The downside surprise followed softer-than-expected CPI data, prompting investors to reassess expectations for the Federal…
Ethics Deadlock Threatens Senate Crypto Bill Despite July Vote Target
A merged Senate draft of the Digital Asset Market Clarity Act could be released as early as next week, with a floor vote targeted for the week of July 20, but the bill still lacks the Democratic support needed to clear the 60-vote threshold required to…
Criminal Complaint Against Circle Puts USDC Freeze Policy Under a Microscope
A criminal complaint filed by Wisconsin prosecutors against Circle, the company behind USDC, has put an uncomfortable question back in the spotlight. Why does the world’s second-largest stablecoin issuer appear far less willing than Tether to help…
SEC’s 2026 Crypto Rulemaking Plan: Safe Harbors, Broker-Dealer Rules and ATS Amendments
The SEC has formally placed three crypto rulemaking items on its 2026 regulatory agenda, according to the Agency Rule List, covering the offer and sale of crypto assets, broker-dealer financial responsibility rules, and Exchange Act amendments for crypto…
NOBLE Endorses CLARITY Act as Major County Sheriffs Drop Opposition
The CLARITY Act picked up its first major public law enforcement endorsement on July 1 when the National Organization of Black Law Enforcement Executives (NOBLE) formally backed the bill, and two days later Major County Sheriffs of America withdrew its…
FBI Director Kash Patel Undisclosed Strategy Investment Raises Conflict-of-Interest Questions
FBI Director Kash Patel purchased between $100,001 and $250,000 worth of Strategy stock on November 21, 2025, and did not disclose the transaction until May 26, 2026. It is a gap of more than six months against the STOCK Act’s 45-day reporting…
CLARITY Act Faces Sub-50% Odds as Senate Clock Ticks Toward August
Jefferies analyst Andrew Moss and his team warned Monday that the CLARITY Act, the defining crypto regulation bill of this Congress, faces a compressing Senate window, with Polymarket odds of passage by end-2026 now sitting at 48%, down from 70% in…
Here’s Why Galaxy Just Slashed Clarity Act Odds In Half
Galaxy Digital’s Head of Firmwide Research Alex Thorn cut the firm’s estimated probability of CLARITY Act passage in 2026 from 60% to 50% on June 26, citing a narrowing Senate calendar and intensifying competition for floor time, not…
Senate’s 60-Vote Gap Looms Over CLARITY Act Before August Recess
The House Financial Services Committee has scheduled back-to-back hearings on July 14 and July 17, one covering Federal Reserve monetary policy, the other focused directly on the CLARITY Act. This is giving supporters of comprehensive crypto regulation…