Citi says CLARITY Act momentum builds, but DeFi fight could stall crypto bill

Washington is edging closer to a landmark crypto framework, though disputes over DeFi and stablecoin rewards risk pushing final passage beyond 2026. What to know : Citi said the CLARITY Act remains the central legitimizing force for U.S. digital assets, with lawmakers eyeing spring milestones but rising risk of delays. DeFi definitions are the hardest fight, while stablecoin rewards offer the clearest path to compromise. The bank said tokenized equities could move forward through hybrids, pilots or tighter securities labeling.