Grayscale joins push for CLARITY Act Senate vote as deadline nears

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Aug 01

Grayscale Investments has urged the Senate to vote on the CLARITY Act before the August recess as lawmakers face mounting pressure to resolve disputes holding up the crypto market structure bill. ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrayscale joins push for CLARITY Act Senate vote as deadline nears\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-01 04:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/grayscale-joins-push-for-clarity-act-as-deadline-nears/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grayscale Investments has urged the Senate to vote on the CLARITY Act before the August recess as lawmakers face mounting pressure to resolve disputes holding up the crypto market structure bill.\n\n\n...</p>\n\n<a href=\"https://crypto.news/grayscale-joins-push-for-clarity-act-as-deadline-nears/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DIME","symbol_name":"CoinShares Altcoins ETF","start_time":0,"source_url":"https://crypto.news/grayscale-joins-push-for-clarity-act-as-deadline-nears/","article_id":"2656039169","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/grayscale-joins-push-for-clarity-act-as-deadline-nears/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2656039169","pubTimestamp":1785530825,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Grayscale Investments has urged the Senate to vote on the CLARITY Act before the August recess as lawmakers face mounting pressure to resolve disputes holding up the crypto market structure bill.Grayscale requested a Senate floor vote on the CLARITY Act before lawmakers leave Washington.The bill would divide digital asset oversight between the SEC and CFTC.Ethics restrictions involving federal officials remain a sticking point in bipartisan negotiations.Treasury Secretary Scott Bessent has also called for an immediate vote.Grayscale sent a letter to senators calling for action on the Digital Asset Market Clarity Act, or H.R. 3633. The asset manager said hundreds of thousands of Americans hold its digital asset investment products, giving the company and its clients a direct interest in clearer federal rules.Grayscale Investments, the world’s largest digital asset-focused investment platform, just sent a letter to the Senate requesting a floor vote on the CLARITY Act before the August r","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"DIME":"CoinShares Altcoins ETF","GDLC":"Grayscale CoinDesk Crypto 5 ETF","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","STCE":"Schwab Crypto Thematic ETF","BITQ":"Bitwise Crypto Industry Innovators ETF","BKCH":"AdvisorShares Sabretooth ETF","TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF"},"translate_title":"随着最后期限临近，灰度加入推动《清晰法案》参议院投票的行列","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DIME":0.6,"GDLC":0.6,"STCE":0.6,"TEKX":0.6,"BITQ":0.6,"LFGY":0.6,"BKCH":0.6},"content_text":"Grayscale Investments has urged the Senate to vote on the CLARITY Act before the August recess as lawmakers face mounting pressure to resolve disputes holding up the crypto market structure bill.\n\n\nSummary\n\n\n\nGrayscale requested a Senate floor vote on the CLARITY Act before lawmakers leave Washington.\nThe bill would divide digital asset oversight between the SEC and CFTC.\nEthics restrictions involving federal officials remain a sticking point in bipartisan negotiations.\nTreasury Secretary Scott Bessent has also called for an immediate vote.\n\n\n\nGrayscale urges action on the CLARITY Act\nGrayscale sent a letter to senators calling for action on the Digital Asset Market Clarity Act, or H.R. 3633. The asset manager said hundreds of thousands of Americans hold its digital asset investment products, giving the company and its clients a direct interest in clearer federal rules.\n\nGrayscale Investments, the world’s largest digital asset-focused investment platform¹, just sent a letter to the Senate requesting a floor vote on the CLARITY Act before the August recess.  \"Senators and staff across the aisle have spent months addressing hard questions about… pic.twitter.com/p888ojeWtT— Grayscale (@Grayscale) July 31, 2026\n\nThe bill seeks to establish a regulatory framework for digital asset markets and clarify the respective responsibilities of the Securities and Exchange Commission and Commodity Futures Trading Commission.\n“Senators and staff across the aisle have spent months addressing hard questions about jurisdiction, investor protections, and developer safeguards,” Grayscale said.\nAccording to the company, the proposed framework would strengthen investor protections while preventing legitimate blockchain developers from facing rules intended for financial intermediaries.\nGrayscale argued that crypto businesses, developers and investors need stable rules instead of relying on enforcement actions and agency guidance that can change between administrations.\nThe company also linked the legislation to regulated crypto investment products. Clearer asset classifications and trading rules could affect the development of exchange-traded funds, exchange-traded products and other vehicles available to U.S. investors.\nSenate negotiations face a shrinking deadline\nSenators have limited floor time remaining before the August recess, with nominations, government funding discussions and foreign policy measures competing for attention.\nSen. Cynthia Lummis said Senate leaders were still trying to bring the legislation forward before the break. She noted that lawmakers had “one more week here in Washington,” although she acknowledged the crowded schedule.\nThe House passed its version of the CLARITY Act by a 294–134 vote in July 2025, with 78 Democrats supporting the legislation. Any changes adopted by the Senate would need approval from both chambers before the bill could reach President Donald Trump’s desk.\nSenate negotiations have continued over ethics provisions covering digital asset activities involving federal officials. That dispute has complicated efforts to secure enough Democratic support to overcome the chamber’s 60-vote threshold for advancing most legislation.\nRepublicans hold 53 Senate seats, meaning the bill would likely need support from at least seven Democrats if every Republican voted in favor. Lawmakers have also considered a procedural vote that could establish the timing and rules for further debate.\nBessent adds pressure for an immediate vote\nTreasury Secretary Scott Bessent has joined the campaign for Senate action, calling on lawmakers to vote “NOW” on the CLARITY Act.\nBessent accused Senate Democrats of delaying the measure under pressure from Sen. Elizabeth Warren and other crypto critics. His intervention added support from the Trump administration as negotiators worked to resolve the remaining disagreements.\nEthics enforcement has emerged as one of the main obstacles. A reported proposal from Republican Sen. Thom Tillis and Democratic Sen. Ruben Gallego would allow state authorities to enforce restrictions on federal officials issuing or sponsoring digital tokens.\nThe proposal would replace an earlier approach that gave the U.S. attorney general sole enforcement authority. Whether that compromise can attract enough bipartisan backing remains uncertain.\nUS competitiveness becomes part of the debate\nGrayscale warned that prolonged uncertainty could push digital asset investment and technical talent toward jurisdictions with more predictable regulations. It cited Singapore and Abu Dhabi as markets that have established clearer frameworks for crypto businesses.\nThe argument reflects a broader industry effort to frame market structure legislation as an issue of U.S. competitiveness. Supporters say federal rules would give companies more certainty when deciding where to develop products, raise capital and serve customers.\nNo clear cryptocurrency price movement has been directly linked to Grayscale’s letter. Traders remain focused on whether Senate leaders formally schedule a vote and whether negotiators reach an agreement on ethics restrictions.\nFailure to act before the recess would push the debate further into the legislative calendar, where other spending and policy deadlines could make floor time harder to secure. A scheduled vote would signal that Senate leaders believe the bill has enough support to move forward.\n\n\n\n\n\n                Read more:\n            \nRobinhood stock rebounds as Bernstein sees 80% upside","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}