🏛️ Regulatory Headlines: CLARITY Act Stalls
The Digital Asset Market Clarity Act is struggling to secure Senate support before summer recess, creating uncertainty .
Key roadblocks:
· Democrats rejected proposed ethics limits as too weak
· Senate Majority Leader John Thune says passage before recess is unlikely
· Current passage probability estimated at ~35%
The bill would establish:
· Broader US market structure for digital assets
· Oversight rules for tokens and stablecoin rewards
· DeFi regulatory framework
Meanwhile, Kenya's CMA is seeking blockchain analytics tools, and global progress continues with MiCA in Europe and the GENIUS Act in the US .
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