Chairman Tim Scott just announced that the Senate will move forward with the "Digital Asset Market Clarity Act" (CLARITY Act) this Thursday. This is a pivotal moment for US crypto regulation in 2026.
Key takeaways from the draft:
• Anti-CBDC: Explicitly prohibits the Fed from offering digital currency products directly to individuals.
• CFTC Over SEC: It creates a framework to classify many digital assets as "digital commodities" rather than securities.
• Market Structure: Establishes clear rules for exchanges, brokers, and custodians.
Chairman Scott says the goal is to make America the "crypto capital of the world".