The CLARITY Act Rewrite Now Splits DeFi Into Two Classes
The revised CLARITY Act splits DeFi into two legal classes and aims CFTC registration at protocols that only look decentralized, days before a Senate vote.
The revised CLARITY Act splits DeFi into two legal classes and aims CFTC registration at protocols that only look decentralized, days before a Senate vote.
Polymarket gives the CLARITY Act a 14.5% chance of becoming law in 2026 even as the Senate schedules a September 15 cloture vote and whales bet against it.
The SEC scrapped its own crypto vote and the Senate punted the CLARITY Act to a September cloture clock. Polymarket now prices 2026 passage near 21%.
Regulators blew the GENIUS Act deadline and CLARITY odds fell to a record 31%. Both halves of crypto's Washington trade slipped in one week.
Bitcoin clung to $62,500 in extreme fear, but the day's real moves were elsewhere: the CLARITY Act hit political risk, Wall Street pushed into prediction markets, and Binance faced a June 30 EU deadline.
Kalshi's annualized revenue crossed $2 billion, triple its November mark, and it is in early talks with banks about an IPO. The catch: the regulated status driving the bull case is the same one under attack in court.
Crypto opened the week green after its worst week since 2024. Strategy resumed buying Bitcoin, SBF filed for a pardon, and MetaMask armed AI agents, with Wednesday's CPI the real test.
A White House adviser said at Bitcoin 2026 Las Vegas that a major Strategic Bitcoin Reserve update is coming in weeks. The Lummis-Begich bill that would lock the reserve into law just got renamed and reintroduced. Polymarket still gives it a 23% chance before 2027.
BTC is pressing $79K with $630 million in Friday ETF inflows behind it. But liquidity maps are flashing a setup that has burned bulls before.
The sector added $1.08 billion in a single week. Tether lost $271 million of it. USDS gained $503 million. The pecking order is shifting.
The fund is half the size of its 2022 vehicle. The thesis is completely different. Stablecoins, prediction markets, and AI agents replaced the Web3 dream.
Patrick Witt told Consensus Miami the executive branch can take a 'big step forward' without waiting for Congress. But the last time Treasury was asked about buying BTC, the answer was no.
Revenue down 31%. Stock down 5%. 700 employees gone. And the company added Bitcoin to its treasury the same quarter it posted a $482 million unrealized crypto loss.
The deal gives Payward all three CFTC licenses needed to run a full-stack U.S. crypto derivatives platform. It follows Deutsche Börse's $200 million stake in Kraken earlier this week.
Binance cut 12 spot pairs. Bybit removed 7 tokens entirely. Coinbase pulled DAI, TIME, and a dozen futures pairs. The cleanup happened while Consensus Miami was running.
Trump announced a peace deal with Iran. Bitcoin spiked to $77,000, then crashed to $74,300. Spot ETFs lost $2.26 billion in two weeks. Warsh took over the Fed. Clarity Act got delayed. And Arthur Hayes bet $6.3 million that none of it matters for HYPE.
The CLARITY Act is the flagship US crypto market-structure bill, designed to divide oversight of digital assets between the SEC and CFTC and finally define when a token is a security versus a commodity. This tag tracks the bill’s progress through Congress, the amendments and lobbying that reshape it, the SEC–CFTC jurisdiction split it proposes, and the implications for exchanges, token issuers, and DeFi developers who have operated for years without clear rules. Coinliva covers the votes, the committee markups, the industry response, and what the framework would actually change for companies building in the US.