US Congress Revives Crucial Crypto Bill in 2026: Stablecoins, DeFi, and Trump-Linked Profits Take Center Stage
- Why Is the US Congress Fast-Tracking Crypto Regulations in 2026?
- Three Explosive Issues Dividing Lawmakers
- How the Clarity Act Reshapes Crypto Oversight
- The 2026 Countdown: Can Congress Deliver?
- FAQ: Your Crypto Bill Questions Answered
The US Congress is pushing forward a landmark crypto bill to establish clear regulations for digital assets, with heated debates expected over Stablecoins, DeFi platforms, and whether politicians like Donald TRUMP should be barred from trading crypto during office. The "Clarity Act" aims to streamline oversight between the SEC and CFTC while addressing key industry pain points—but time is running out before the 2026 midterms.
Why Is the US Congress Fast-Tracking Crypto Regulations in 2026?
After years of regulatory limbo, bipartisan lawmakers are scrambling to pass the "Clarity Act" before the November 2026 midterm elections. Senate Agriculture and Banking Committees will finalize their respective drafts this Thursday, merging them into a comprehensive market structure bill. Industry insiders warn this may be the last chance for coherent crypto legislation before political gridlock sets in. "Congress has a packed agenda this year," noted Summer Mersinger of the Blockchain Association, "We're racing against the clock."
Three Explosive Issues Dividing Lawmakers
The bill faces three major sticking points that could derail progress:
- Stablecoin Yield Controversy: Banks accuse Stablecoin issuers of circumventing the GENIUS Act's ban on dollar-pegged tokens generating yields—creating what Cody Carbone (Digital Chamber) calls "the most critical unresolved issue."
- DeFi Developer Liability: Amanda Tuminelli (DeFi Education Fund) argues the bill must protect coders from being held responsible if their tools are misused for crimes like money laundering.
- Politician Crypto Bans: Elizabeth Warren's faction wants to prohibit officials from trading crypto while in office—a rule that would impact Trump-affiliated meme coins and NFTs.
How the Clarity Act Reshapes Crypto Oversight
The legislation proposes sweeping changes to US crypto regulation:
- SEC vs. CFTC: Redraws jurisdictional lines between the two agencies
- Token Classification: Creates clear registration requirements for different asset types
- Exchange Rules: Mandates new compliance standards for platforms like BTCC and others
Source: CoinMarketCap data shows regulatory clarity could boost institutional crypto investment by 37% based on 2025 projections.
The 2026 Countdown: Can Congress Deliver?
With midterms looming, lawmakers face intense pressure to compromise. The merged bill must pass Senate votes and House reconciliation—a process that typically takes months. "If this isn't done by November, the whole effort collapses," warned one staffer familiar with negotiations. Meanwhile, crypto markets remain volatile, with bitcoin swinging 8% last week amid the regulatory uncertainty (TradingView data).
FAQ: Your Crypto Bill Questions Answered
What does the Clarity Act do?
The bill establishes comprehensive rules for digital assets, including how they're classified, traded, and regulated between the SEC and CFTC.
Why are Stablecoins controversial?
Traditional banks argue Stablecoin rewards programs unfairly compete with savings accounts while skirting existing regulations.
Could Trump's crypto ventures be affected?
If the amendment passes, any officeholder—including former presidents—could be barred from crypto trading during their term.
