PANews|Nov 05, 2026 00:30
[The Clarity Act Will Expiry on January 3, 2027, If It Fails to Receive 60 Senate Votes]
(According to Bitcoin.com) The Democratic Party's victory in the midterm elections, gaining control of both the House and Senate, is expected to reshape legislative priorities, placing greater emphasis on stricter regulation of emerging technologies. The Digital Chamber, an industry advocacy group, states that the current version of the Clarity Act will expire after the 119th Congress concludes on January 3, 2027. To pass it in the next Congress, it will need to be resubmitted and a new agreement negotiated. Since a Senate majority typically requires 60 votes to pass a bill, the Democrats, despite their majority, still need Republican support to advance legislation on crypto market structures. The report states that market analysts expect the revived bill under Democratic control to include stricter compliance standards, stronger consumer protections, and stricter DeFi regulation.
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