The CLARITY Act is closer to becoming law than any crypto market structure bill in American history. Crypto pundit X Finance Bull (@Xfinancebull) says the only thing left blocking it is an ar
The CLARITY Act is closer to becoming law than any crypto market structure bill in American history. Crypto pundit X Finance Bull (@Xfinancebull) says the only thing left blocking it is an argument over which lawyers handle enforcement.
Not the framework, developer protections, or self-custody rights. Those fights are over. What remains is a single dispute over whether the DOJ alone enforces the ethics section, or whether state attorneys general get a seat at the table.
THE ONLY THING LEFT BLOCKING CLARITY ACT IS AN ARGUMENT OVER WHICH LAWYERS ENFORCE
LET THAT FRUSTRATION FUEL YOU.
A year of drama, and here's the final gap: Republicans wrote DOJ enforcement into the ethics section.
Democrats want state attorneys general included… https://t.co/uhtpIFqI7zpic.twitter.com/DDaIUfv808
— X Finance Bull (@Xfinancebull) July 22, 2026
The bill cleared the Senate Banking Committee in May and has been on the Legislative Calendar since early June. The August recess arrives in roughly two weeks, putting real pressure on negotiators to close the gap fast.
The ethics section was the last major hurdle. It was negotiated between the White House and Republican senators Cynthia Lummis and Bernie Moreno.
The updated text bans the president, vice president, members of Congress, judges, and their spouses from issuing or promoting crypto for pay while in office until January 2029. Officials must sell their crypto holdings or place them in a blind trust. Sales over $1,000 must be disclosed.
That ethics fight has roots in President Trump’s 2025 financial disclosure, which showed approximately $1.4 billion in cryptocurrency-related income. Republicans wrote DOJ enforcement into the bill, but Democrats want state attorneys general involved too. That is the current sticking point.
The Blockchain Regulatory Certainty Act provisions are unchanged. Non-custodial developers and blockchain infrastructure builders are not treated as money transmitters. The “Keep Your Coins” self-custody protections remain intact, preserving the right of individuals to hold and control their own crypto in personal wallets without government restriction.
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Stablecoin rules stay as negotiated, allowing activity-based rewards like staking while banning pure interest on idle balances. A new law enforcement section adds funding for crypto crime investigations and a cyber center targeting state actor threats. It also requires stablecoin issuers to follow court orders to freeze or seize tokens.
Bankruptcy protections are strengthened so customers’ crypto stays with users if an exchange fails, preventing another FTX situation. X Finance Bull explained that bills die over frameworks, but this framework is done. A dispute over enforcement jurisdiction is not the same as a collapse in substance.
X Finance Bull points to XRP and American-built assets as the beneficiaries of the bill. With the August recess approaching and every substantive piece of the bill already agreed upon, the Senate has a narrow window to resolve one enforcement argument and deliver the most significant crypto legislation in U.S. history.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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