One Year Later, CLARITY Act Remains Stuck in Senate as Crypto Rules Stall

One year after bipartisan House passage, the CLARITY Act remains stalled in the Senate, highlighting a failure to establish a functional regulatory framework for digital assets. Ripple has returned its CLARITY truck to Washington, D.C., to push for progress. However, several Senate Democrats are challenging the current bill. Their concerns center on presidential financial conflicts of interest, anti-fraud standards, and necessary safeguards against market manipulation, which currently jeopardize the essential crossover support needed for approval.