The CLARITY Act, a bill on digital-asset market structure (H.R. 3633), was intended to bring regulatory certainty.

In July 2025, the House passed its version 294–134. But as of February 2026, the Senate is gridlocked, with a bitter conflict pitting Wall Street banks against crypto firms. White House-brokered meetings (most recently February 10) have failed to bridge differences.

A Disruption Banking report on February 11 warned that Washington “promised certainty” but instead sparked a “public feud” over crypto regulation.

In precious metals, as Washington argues over stablecoin yields, another market is flashing a warning about what happens when liquidity vanishes: silver. This follows the Chinese Lunar New Year shutdown, which…