Midterms Leave Crypto Rules and CLARITY Act Uncertain

The 2026 U.S. midterm elections have left the future of the CLARITY Act and other cryptocurrency rules uncertain, after the Senate failed to advance the bill in September and political spending did not settle the debate over digital-asset oversight. The Digital Asset Market Clarity Act would define regulatory responsibilities for the Securities and Exchange Commission and Commodity Futures Trading Commission. The Senate did not advance it in a September procedural vote, reported as 49-50. The measure remains stalled, and lawmakers have not announced whether negotiations will resume. The election coverage describes Democrats as gaining control of Congress, but the supplied reports do not establish official results or which party will control each chamber. That leaves the legislative outlook unsettled. A change in congressional leadership could shift committee priorities and oversight, but party control alone does not determine whether a bill can pass. The debate comes after cryptocurrency-aligned political groups spent about $176 million across more than 100 congressional races during the 2026 election cycle, according to figures attributed to Reuters in one report. Fairshake,...