Grayscale says the CLARITY Act faces several remaining hurdles after a 15-9 Senate committee vote gave the crypto market bill bipartisan momentum. The measure must now be merged with another Senate bill and reconciled with the House version. Crypto asset manager Grayscale Investments shared what it sees as the key steps remaining before the bill can become law.
Grayscale’s analysis highlights that the CLARITY Act’s bipartisan support is encouraging but far from sufficient — the real test will be the reconciliation process between the Senate and House versions, where competing interests around SEC vs. CFTC jurisdiction could stall progress. The bill’s fate may also hinge on how aggressively the crypto industry lobbies during the conference committee phase. For investors, passage would be a landmark shift in how digital assets are classified, potentially unlocking a new wave of institutional product launches.
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