The crypto sector spent $200M lobbying for the CLARITY Act, which splits SEC and CFTC oversight. BTC odds hold above $54k. The Senate floor vote is next.
Alpha Score of 67 reflects moderate overall profile with strong momentum, weak value, moderate quality, strong sentiment.
The crypto industry spent roughly $200 million on lobbying to push the CLARITY Act through the Senate, Motley Fool reported. The bill, which splits digital asset oversight between the SEC and the Commodity Futures Trading Commission, cleared the Senate Banking Committee on a 15-9 bipartisan vote in May 2026.
The CLARITY Act would give the CFTC broader authority over spot crypto markets, a role the agency has largely filled by enforcement. The CFTC has one commissioner and all of crypto. The lobbying push follows the GENIUS Act, which laid out a stablecoin framework for the U.S.
Bitcoin prediction markets tracked by Vera show odds above 80% for the price staying north of $54,000 through July 23. Traders said the odds reflect a market betting the legislative push supports prices for now.
Michael Saylor and the major spot Bitcoin ETF managers are the names to track as the bill heads toward a floor vote, people following the legislative calendar said. A full Senate vote has not been scheduled.
The Visa and BlackRock stablecoin push preceded this regulatory push, analysts tracking the sector said. The bill's path through the House is not yet clear.
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