Democrats signal willingness to compromise on the Clarity Act, potentially reviving stalled cryptocurrency regulatory legislation.
Regulation & Gov ·
House Democrats are discussing revisions to cryptocurrency market structure legislation, with incoming Financial Services Committee chair Maxine Waters planning to advance a bill that combines Democratic provisions from the failed Clarity Act with elements that had bipartisan support in the Senate. The proposed changes would expand the SEC's oversight role while constraining the CFTC's authority and include ethics restrictions on crypto activities by federal officials. According to three industry sources, this represents a shift from the two-year legislative stall that seemed likely after the recent midterms, as Democrats signal openness to amendments that could enable passage in 2027.