July 25, 2025
5 min read
https://www.notus.org/taylor-giorno
Crypto industry rallies behind CLARITY Act, aiming for clear digital asset regulation before 2026 elections with 40M in political funds.
Fresh on the heels of achieving a historic stablecoin law, the cryptocurrency industry has signaled it’s willing to sink money — and political pressure — into securing comprehensive legislation.
“I’ll tell you very clearly that CLARITY is the top priority for the industry. This is where the rubber is meeting the road,” a source familiar with the thinking of the industry’s political operation told NOTUS.
There’s a self-imposed Sept. 30 deadline for Congress to send a sweeping bill regulating crypto to President Donald Trump’s desk. The House passed the CLARITY Act, short for the Digital Asset Market Clarity Act, which would establish a regulatory framework for digital assets such as crypto, last week.
The Senate Banking Committee released a discussion draft Tuesday that Republican Sen. Cynthia Lummis said builds on the House’s bill, meaning the House will likely have to vote again on the Senate version before it hits the president’s desk.
The industry’s primary super PAC reportedly has more than $140 million in the bank, underscoring the significant financial and political muscle behind the push for clarity in crypto regulation. Lawmakers are taking notice as the 2026 election approaches, with the cryptocurrency sector aiming to influence policy and secure a clear regulatory path.
This legislative momentum reflects the growing recognition among policymakers that digital assets require a comprehensive and coherent regulatory framework to foster innovation while protecting consumers and the financial system.
Source: Originally published at NOTUS on July 25, 2025