The US Senate rejected the CLARITY Act on September 15, 2026, with a 49-50 vote, leaving the proposed digital asset regulatory framework stalled until at least 2030.
Senator Cynthia Lummis predicts that digital asset tax legislation will likely stall in the Senate during the remainder of 2026.
Senator Cynthia Lummis announced that President Trump accepted strict ethics reforms to secure the passage of the Clarity Act, which faces a Senate vote this Tuesday.
Senator Cynthia Lummis says the Clarity Act can still pass the Senate if Democrats agree to compromise on the digital asset regulatory framework.
