House Democrats Explore Bipartisan Amendments to Revive Clarity Act

House Democrats are reportedly looking into amendments to revive the Clarity Act as a market structure bill in the upcoming Congress, according to a report by Decrypt. The Clarity Act, which initially passed the House in July 2025, seeks to provide a clear regulatory framework for digital assets, designating primary oversight to the Commodity Futures Trading Commission while allowing some jurisdiction for the Securities and Exchange Commission.

Despite its passage in the House, the bill faced delays in the Senate due to concerns regarding its ethics and investor-protection provisions. Now, with a Democratic majority in Congress, there is an exploration of a more bipartisan approach to address these issues and potentially advance the bill.

Key Takeaways

• Discussions about amendments to the Clarity Act indicate a possible revival of bipartisan negotiations.
• Market pricing suggests a slight increase in the likelihood of Senator Mike Lee supporting the Clarity Act.
• The future of the Clarity Act hinges on reaching a compromise that resolves previous Senate objections.

What to Watch

• Markets will be attentive to announcements regarding a revised Clarity Act text that could garner bipartisan support.
• Key indicators include whether Senate leaders will schedule another vote and if amendments adequately address prior objections.
• Statements from influential senators like Mike Lee, Catherine Cortez Masto, and Mark Warner will be closely monitored, as their support could be crucial for the bill's revival.