Democrats Threaten to Derail Crypto’s Biggest Regulatory Push: 5 Altcoins to Watch Before Washington Makes Its Move
- The CLARITY Act needs 60 Senate votes to advance, making Democratic support critical.
- Senator Warren and other Democrats continue to challenge the revised ethics provisions.
- SUI, XRP, HBAR, LINK, and ONDO could experience volatility as traders assess regulatory and macroeconomic risks.
The U.S. Senate’s latest fight over crypto regulation has placed the CLARITY Act at another critical point, with Democratic opposition threatening to complicate efforts to secure the 60 votes required for advancement. Senator Elizabeth Warren has rejected the latest ethics provisions, arguing that the revised language does not go far enough to address potential conflicts involving President Donald Trump and his family’s crypto interests.
Republican senators released a revised version of the CLARITY Act after negotiations focused heavily on ethics rules, stablecoin rewards, and protections for blockchain developers. The latest proposal gives state attorneys general additional enforcement authority over certain conflict-of-interest provisions, while also introducing other changes requested during negotiations.
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