The short answer for anyone searching today: the CLARITY Act has not passed the Senate, it will not be signed into law by July 4, and its realistic window to become law in 2026 now closes when the Senate leaves for its August recess. The bill is not dead. It is stuck, and it is stuck for reasons that have almost nothing to do with how crypto should be regulated.

Here is where things actually stand, why the bill stalled, and what has to happen over the next few weeks for it to survive.

What is the CLARITY Act?

The Digital Asset Market Clarity Act (H.R. 3633) is the first comprehensive attempt by Congress to define who regulates what in US crypto markets. It would give the Commodity Futures Trading Commission primary authority over…