A group of Democratic Senators has reaffirmed their commitment to working together with their Republican counterparts to pass the Clarity Act soon. According to a joint statement, the group of Senators from the Democratic Party requested the Republican Senators to agree to a bipartisan authorship process of the Crypto Market Structure legislation.
“We hope our Republican colleagues will agree to a bipartisan authorship process, as is the norm for legislation of this scale. Given our shared interest in moving forward quickly on this issue, we hope they will agree to reasonable requests to allow for true collaboration,” the statement noted.
Last month, Senator Tim Scott, the chairman of the Senate Banking Committee, admitted that it requires bipartisan efforts to pass the Clarity Act as it happened with the Genius Act. Scott noted that between 12-18 Democratic Senators will support the Clarity Act.
On Friday, 12 Democratic Senators- led by Ruben Gallego, Mark Warner, Kirsten Gillibrand, Cory Booker, Catherine Cortez Masto, Ben Ray Luján, John Hickenlooper, Raphael Warnock, Adam Schiff, Andy Kim, Lisa Blunt Rochester, and Angela Alsobrooks – agreed to bipartisan support on the Clarity bill.
The cryptocurrency industry in the United States has been identified as a solid voter bloc after last year’s President Trump’s victory. As such, Democratic Senators preparing for the November 2026 elections have increasingly focused on how to get the crypto votes.
The imminent enactment of the Clarity Act, akin to the Genius Act, will be a pivotal moment for mainstream crypto adoption. With bipartisan support, the Clarity Act has a high chance of proceeding to President Donald Trump’s desk before the end of this year.
As such, the crypto market will gain more attention from institutional investors, who have sidelined the altcoin industry due to legal uncertainty. The ultimate result will be a parabolic bull cycle fueled by reflexive demand from more crypto traders.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
PUMP.fun price is drawing renewed attention as the platform aims to make history by achieving…
Tether has invested in Parfin, a Latin American platform offering custody, trading, and on-chain settlement…
November 20, 2025 15:52:36 UTC Bitwise XRP ETF Launch Draws Praise From CIO Matt Hougan…
As popularly said, “The bigger the dump, the bigger the rebound.” Considering the significant pullback…
Investors are once again scanning the market for the best crypto to buy, searching for…
November 20, 2025 13:33:54 UTC September US Jobs Report Sends a Mixed Market Signal The…
