https://commons.wikimedia.org/wiki/Category:Senate_of_Canada

The Digital Asset Market Clarity Act, known as the CLARITY Act, may face significant hurdles in the U.S. Senate, according to recent commentary. Despite passing the House in July 2025, the bill is currently stalled in the Senate with no scheduled vote, raising concerns about its passage before the August recess. Analysts now estimate the bill’s passage odds for 2026 have decreased to around 47–48% due to unresolved disputes on key issues such as stablecoin yield and ethics language. The legislative uncertainty has reportedly led some market observers to focus on specific cryptocurrencies, with XRP likely drawing interest due to the regulatory clarity it would gain if the act is passed.

Market data indicates a notable decrease in confidence regarding the CLARITY Act’s enactment within the year. The probability of the bill being signed into law by President Trump in 2026 has dropped from 46% a week ago to 38% as of the latest figures. Observers note that the act’s passage would classify several major cryptocurrencies, including XRP, Ethereum, and Solana, as digital commodities under the jurisdiction of the Commodity Futures Trading Commission (CFTC), a move that could significantly alter the regulatory landscape for digital assets.