“Things Are Not Going Well for the Most Important Cryptocurrency Law After GENIUS!” Here’s All You Need to Know…

The US authorities shutdown negatively impacted many sectors and in addition disrupted progress within the cryptocurrency sector.

At the moment, the shutdown has delayed the approval of altcoin ETFs like XRP and Solana (SOL), that are awaiting SEC approval.

Other than this, it has additionally postponed the approval means of cryptocurrency accounts within the US.

Funding financial institution TD Cowen has indicated that US cryptocurrency regulation may very well be delayed till after the November 2026 election.

US funding financial institution TD Cowen has predicted that the passage of a cryptocurrency market construction invoice may very well be delayed till after the November 2026 midterm elections, The Block reported.

The financial institution mentioned Republicans and Democrats have been negotiating a invoice on how the cryptocurrency sector ought to be regulated, however issues weren’t going nicely.

Negotiations on the invoice, often known as the CLARITY Act, have reportedly stalled as a consequence of behind-the-scenes disagreements between the Democratic and Republican events.

At this level TD Cowen acknowledged that it was not unimaginable to make progress within the subsequent twelve months, however that there have been extra causes at this level to delay the Invoice than to speed up it.

“We aren’t suggesting that there aren’t any alternatives for motion within the subsequent twelve months.

Our argument is that there are extra causes for senators to delay motion than to behave shortly.”

The financial institution mentioned the largest impediment to the laws is Democrats’ demand to ban senior authorities officers, together with President Donald Trump, and their households from proudly owning crypto corporations.

The CLARITY Act goals to ascertain a regulatory framework for the crypto business by defining the roles of the Securities and Alternate Fee (SEC) and the Commodity Futures Buying and selling Fee (CFTC) within the cryptocurrency sector. A provision added to the invoice additionally defines secondary property. This provision will make clear which digital property and cryptocurrencies are and should not thought-about securities.

CLARITY covers way more complete cryptocurrency laws, not like GENIUS, which covers a extra restricted subject akin to stablecoins.

The US Home of Representatives handed the cryptocurrency regulation invoice known as the CLARITY Act in July 2025.

*This isn’t funding recommendation.