Citi says CLARITY Act momentum builds, but DeFi fight could stall crypto bill
Citi (C) said the CLARITY Act remains the key catalyst for legitimizing digital assets in the U.S., but progress is slowed by negotiations over its most contentious provisions.
While the Senate Agriculture Committee has advanced its version of the bill, the bank noted the Banking Committee still controls the toughest issues, leaving timelines uncertain.
Lawmakers are expected to keep working even during a potential shutdown, with target dates in the coming months still attainable, though there is a rising risk that talks delay final passage beyond 2026.
“We see the passage of the CLARITY Act as the essential catalyst for advancing/legitimizing digital assets,” analysts led by Peter Christiansen said in the Friday report.
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