Overview
The Clarity (CLARITY) Act is U.S. federal crypto market-structure legislation intended to clarify SEC/CFTC jurisdiction over digital assets and create a more predictable framework for intermediaries, tokenization, and DeFi — still pending Senate action as of July 2026.
Recent Developments
- 2026-07-30: jpmorgan analysts (Nikolaos Panigirtzoglou) warn fading year-end passage odds (~37% prediction markets) weigh on crypto outlook; delays may push tokenization to incumbent market infrastructure (2026-07-30-jpmorgan-clarity-act-stalls)
- Deadlocks cited: ethics, enforcement, DeFi, stablecoin yield, AML
- Draft provisions (lighter AML; some tokenized trading outside SEC/CFTC) may also deter institutions
Odds are probabilistic prediction-market signals, not legislative facts.
Contradiction
Year-end passage odds differ by source/read: JPMorgan/CoinDesk cite ~37% (2026-07-30-jpmorgan-clarity-act-stalls); crypto.news calendar context ~34% (2026-07-30-clarity-act-year-end-cryptonews); some Polymarket/crypto.news reads ~27–28% (Approval notes, Jul 30). Treat as fluid prediction-market signals — do not freeze a single figure.