The CLARITY Act may not pass in 2026, and here is what that means for crypto markets

cryptonews13:48

Polymarket odds have collapsed from 82% to 16%. The Senate returns on September 14 with 14 working days, eight missing Democratic votes, and an ethics fight over a president who made $1.4 billion from...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2658647879?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-11 13:48","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2658647879","market":"hk","top_or_hot":-1,"title":"The CLARITY Act may not pass in 2026, and here is what that means for crypto markets","media":"cryptonews","content":"<div>\n<p>Polymarket odds have collapsed from 82% to 16%. The Senate returns on September 14 with 14 working days, eight missing Democratic votes, and an ethics fight over a president who made $1.4 billion from...</p>\n\n<a href=\"https://crypto.news/clarity-act-2026-crypto-bill-failure-market-impact/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The CLARITY Act may not pass in 2026, and here is what that means for crypto markets</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe CLARITY Act may not pass in 2026, and here is what that means for crypto markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-08-11 13:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/clarity-act-2026-crypto-bill-failure-market-impact/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Polymarket odds have collapsed from 82% to 16%. The Senate returns on September 14 with 14 working days, eight missing Democratic votes, and an ethics fight over a president who made $1.4 billion from...</p>\n\n<a href=\"https://crypto.news/clarity-act-2026-crypto-bill-failure-market-impact/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BTCI","symbol_name":"NEOS Bitcoin High Income ETF","start_time":0,"source_url":"https://crypto.news/clarity-act-2026-crypto-bill-failure-market-impact/","article_id":"2658647879","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/clarity-act-2026-crypto-bill-failure-market-impact/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2658647879","pubTimestamp":1786427318,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Polymarket odds have collapsed from 82% to 16%. The Senate returns on September 14 with 14 working days, eight missing Democratic votes, and an ethics fight over a president who made $1.4 billion from crypto. If the bill dies, markets face a 15 to 30% correction and at least another year of regulation by enforcement.Polymarket traders now give the Digital Asset Market Clarity Act a 16% chance of becoming law in 2026, down from an 82% peak in February, after the Senate adjourned for its August recess without scheduling a floor vote.The bill needs 60 votes to clear the filibuster. Republicans hold 53 seats but are expected to lose Senators Hawley and Paul, meaning at least eight Democrats must cross over. Only two did so in committee.Two provisions deserve more attention than they receive. Section 20216 protects self custodied assets from state aban","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"BTCI":"NEOS Bitcoin High Income ETF","CBTA":"Calamos Bitcoin 80 Series Structured Alt Protection ETF – April","BETE":"等权重比特币&以太币期货ETF-ProShares","BTF":"比特币&以太币期货ETF-CoinShares","BITI":"1倍做空比特币期货ETF-Proshares","BETH":"比特币&以太币期货ETF-ProShares","CBTJ":"Calamos Bitcoin 80 Series Structured Alt Protection ETF - January","BTFX":"比特币期货ETF-CoinShares","BITO":"比特币期货ETF-ProShares","WGMI":"比特币矿商ETF-CoinShares","BTCL":"T-REX 2X LONG BITCOIN DAILY TARGET ETF","HODL":"比特币ETF-VanEck","DEFI":"比特币期货ETF-Hashdex","SBIT":"2倍做空比特币期货ETF-Proshares","BITQ":"Bitwise Crypto Industry Innovators ETF","STCE":"Schwab Crypto Thematic ETF","BTCO":"比特币ETF-Invesco Galaxy","DFII":"FT Cboe Vest Bitcoin Strategy & Target Income ETF","CRPT":"First Trust SkyBridge Crypto Industry and Digital Economy ETF","BITU":"2倍做多比特币期货ETF-Proshares","DIME":"CoinShares Altcoins ETF","MNRS":"GRAYSCALE BITCOIN MINERS ETF","BKCH":"AdvisorShares Sabretooth ETF","HECO":"SPDR Galaxy Hedged Digital Asset Ecosystem ETF","CBXA":"Calamos Bitcoin 90 Series Structured Alt Protection ETF – April","IBIT":"比特币ETF-iShares","CBOY":"Calamos Bitcoin Structured Alt Protection ETF - July","LFGY":"YieldMax Crypto Industry and Tech Portfolio Option Income ETF","BITW":"Bitwise 10 Crypto Index ETF","ARKB":"比特币ETF-21Shares","CBXJ":"Calamos Bitcoin 90 Series Structured Alt Protection ETF - January","NCIQ":"HASHDEX NASDAQ CRYPTO INDEX US ETF","MAXI":"比特币期货ETF-Simplify","BITX":"2倍比特币期货ETF-Volatility Shares","GBTC":"比特币ETF-Grayscale","YBTC":"比特币看涨期权ETF-Roundhill","BTCZ":"T-Rex 2X Inverse Bitcoin Daily Target ETF","TEKX":"SPDR Galaxy Transformative Tech Accelerators ETF","BITY":"Amplify Bitcoin 2% Monthly Option Income ETF","BTC":"Grayscale Bitcoin Mini Trust","GDLC":"Grayscale CoinDesk Crypto 5 ETF","DAPP":"VanEck Digital Transformation ETF","BITB":"比特币ETF-Bitwise","MSBT":"Morgan Stanley Bitcoin Trust ETP","CBOJ":"Calamos Bitcoin Structured Alt Protection ETF - January"},"translate_title":"《清晰法案》可能不会在 2026 年通过，这对加密货币市场意味着什么","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DAPP":1.5,"CBOY":0.6,"BITO":0.6,"BITY":0.6,"YBTC":0.9,"BKCH":1.5,"CBXJ":0.6,"HECO":0.79,"TEKX":1.5,"NCIQ":1.5,"MAXI":0.9,"WGMI":0.9,"MNRS":0.9,"BITX":0.6,"BTCI":0.9,"BTFX":0.9,"GBTC":0.6,"LFGY":1.5,"MSBT":0.9,"BITU":0.6,"BITI":0.9,"DFII":0.6,"HODL":0.9,"CBTA":0.6,"BTF":0.9,"BETE":0.9,"DEFI":0.6,"GDLC":1.5,"CRPT":1.5,"STCE":1.5,"BITQ":1.5,"SBIT":0.6,"BITW":1.5,"BETH":0.9,"CBOJ":0.6,"BTC":0.6,"CBXA":0.6,"BTCZ":0.9,"CBTJ":0.9,"IBIT":0.6,"BTCL":0.9,"BTCO":0.9,"DIME":1.5,"ARKB":0.9,"BITB":0.6},"content_text":"Polymarket odds have collapsed from 82% to 16%. The Senate returns on September 14 with 14 working days, eight missing Democratic votes, and an ethics fight over a president who made $1.4 billion from crypto. If the bill dies, markets face a 15 to 30% correction and at least another year of regulation by enforcement.\n\n\nSummary\n\n\n\nPolymarket traders now give the Digital Asset Market Clarity Act a 16% chance of becoming law in 2026, down from an 82% peak in February, after the Senate adjourned for its August recess without scheduling a floor vote.\nThe bill needs 60 votes to clear the filibuster. Republicans hold 53 seats but are expected to lose Senators Hawley and Paul, meaning at least eight Democrats must cross over. Only two did so in committee.\nThe core sticking point is an ethics provision targeting President Trump, who disclosed more than $1 billion in crypto related income in 2025. Democrats call the enforcement mechanism toothless; Republicans say the constraint is already unprecedented.\nBernstein projects a 10 to 25% near term pullback for bitcoin if the bill fails, testing the $55,000 to $60,000 range, with altcoins facing steeper drawdowns of 15 to 30%.\nFailure would leave the industry under the current patchwork of SEC enforcement actions and CFTC guidance until at least 2027, while 65% of institutional allocators say they need regulatory clarity before increasing crypto exposure.\n\n\n\nThe biggest piece of crypto legislation in a decade is running out of road. The Digital Asset Market Clarity Act passed the House in July 2025 by a comfortable 294 to 134 vote, promising to draw the line between which tokens the SEC oversees and which fall to the CFTC. Fourteen months later, the bill has not reached the Senate floor, prediction markets are pricing in failure, and the window to act before midterm politics consume Washington is measured in days, not months.\nThe Senate adjourned on August 7, 2026 without voting on the CLARITY Act. Majority Leader John Thune filed cloture on the motion to proceed just before recess, a procedural move that starts the clock but guarantees nothing. Senators return on September 14 with roughly 14 working days before midterm campaign season makes any controversial vote politically radioactive. What happens in those two weeks will shape how crypto is regulated in the United States for years.\nWhat the CLARITY Act actually does\nThe bill creates a classification framework for digital assets. Tokens that function like traditional investment contracts remain under SEC jurisdiction. Sufficiently decentralized digital commodities move to the CFTC. Stablecoins get their own category. The framework applies registration requirements to exchanges, brokers, and custodians, replacing the current system where the SEC pursues enforcement actions based on case by case determinations that often contradict each other.\nTwo provisions deserve more attention than they receive. Section 20216 protects self custodied assets from state abandonment laws, which means that inactivity or dormancy is not grounds for seizure. This is federal preemption, meaning it overrides any state law. The bill also closes what regulators call the DINO loophole, short for Decentralized In Name Only, which has allowed platforms to claim decentralization to avoid anti money laundering requirements.\n\nJUST IN: Bitcoin requires liquidity and a new catalyst for the next moveYahoo Finance noted the CLARITY Act alone is unlikely to provide sufficient momentum https://t.co/NFsjGXXeK9 pic.twitter.com/CHRmuehBWi— crypto.news (@cryptodotnews) August 10, 2026\n\nThe math that does not work\nClearing the Senate requires 60 votes to overcome a filibuster. Republicans hold 53 seats. Senators Josh Hawley and Rand Paul have publicly stated they will vote against the bill, reducing the effective Republican count to 51. That means nine Democratic or independent votes are needed.\nThe track record is poor. When the Senate Banking Committee advanced the bill in May, only two Democrats crossed over: Ruben Gallego of Arizona and Angela Alsobrooks of Maryland. On the floor, seven additional crossovers are required. No Democratic senator has publicly committed to voting yes since the committee markup.\nThe obstacles are not purely ideological. Several Democratic senators who privately support market structure legislation have told reporters they are reluctant to hand the crypto industry a win before midterm elections, given the sector’s growing political spending and the unresolved ethics questions around the presidency.\nThe ethics provision nobody can agree on\nThe single biggest obstacle to passage is not the token classification framework or the DeFi provisions. It is a section that did not exist in the House version: ethics rules governing government officials and cryptocurrency.\nPresident Trump disclosed more than $1 billion in crypto related income in 2025. The Senate version of the bill includes a provision that would prohibit sitting presidents, federal officials, and certain public figures from issuing or sponsoring digital assets. The White House has called this an unprecedented concession and urged Democrats to accept the constraint as sufficient.\nDemocrats disagree sharply. Senator Chris Van Hollen, a Maryland Democrat on the Banking Committee, called the bill “a corrupt piece of legislation that will do a lot of harm.” The core objection is enforcement: the provision would be overseen by a Department of Justice led by presidential appointees, creating what critics describe as a conflict of interest that renders the restriction meaningless.\nThis is not a technical disagreement that staff can resolve in markup. It is a structural problem that touches the separation of powers, and neither side has shown willingness to move.\n\nJUST IN: Jack Dorsey’s Block urges Senate to advance CLARITY ActThe company called for regulatory clarity and legal protections for developers and self custody https://t.co/NFsjGXXeK9 pic.twitter.com/t2jP4xT9Ff— crypto.news (@cryptodotnews) July 30, 2026\n\nWhat prediction markets are pricing\nThe deterioration in Polymarket odds tells a clear story. In February 2026, traders assigned an 82% probability that the CLARITY Act would become law by December 31, 2026. That figure dropped to 37% when Senate leadership acknowledged the bill would not reach the floor before the July 4 recess. After the August recess confirmation, odds collapsed to 16%.\nMore than $5.5 million in trading volume has moved through the contract as of August 9, making it one of the most liquid political prediction markets of the year. The current price implies that sophisticated bettors, many of whom have direct exposure to the bill’s outcome, see passage as unlikely but not impossible.\nThe 16% figure is worth interrogating. It is not zero, and for good reason. The September window is real. Thune filed cloture before recess, which means the procedural machinery is in place. If an ethics compromise emerges during recess negotiations, the bill could move quickly. The market is pricing a narrow path, not a dead end.\nWhat happens to markets if the bill fails\nThe immediate impact would be a sentiment driven correction, not a structural crisis. Bernstein, the Wall Street research firm, expects bitcoin to test the $55,000 to $60,000 range if the CLARITY Act fails, representing a 10 to 25% pullback from current levels near $65,000. Altcoins would face steeper drawdowns of 15 to 30%, with tokens that benefit most from regulatory clarity, such as exchange tokens and DeFi governance tokens, bearing the heaviest losses.\nThe deeper damage is institutional. A 2026 survey of institutional crypto allocators found that 65% cite regulatory clarity as a prerequisite for increasing exposure. Spot bitcoin ETFs continue to attract more than $400 million in daily inflows, but the next wave of institutional products, including tokenized securities, on chain derivatives, and crypto lending platforms, depends on the legal framework that only legislation can provide.\nWithout the CLARITY Act, the SEC continues to regulate through enforcement. The CFTC continues to operate under limited authority. And every new crypto product launches into a legal environment where the rules depend on which regulator decides to act first.\nThe case that it does not matter\nThe strongest counterargument deserves its full weight. Bitwise chief investment officer Matt Hougan has argued that crypto grew from a $100 billion market to a $2 trillion market entirely without comprehensive legislation. Bitcoin ETFs were approved. Spot ether ETFs followed. XRP ETFs launched. None of these required the CLARITY Act.\nThe industry has also shown an ability to route around regulatory uncertainty. Offshore exchanges serve US customers through VPNs. DeFi protocols operate without registration. Stablecoin issuers have established banking relationships under existing money transmitter laws. A failure to pass the CLARITY Act does not freeze the industry. It freezes the regulated, onshore version of the industry.\nThis argument has limits. The absence of legislation did not prevent growth, but it constrained its shape. Every major US exchange operates under constant legal risk. Coinbase has spent more than $200 million on legal costs since 2023. Circle delayed its IPO multiple times over regulatory uncertainty. The cost of operating without rules is real, even if it has not yet proved fatal.\n\nNEW: White House officials, lawmakers and law enforcement groups met on the Clarity Act. Discussions centered on the Blockchain Regulatory Certainty Act and crypto crime enforcement tools https://t.co/NFsjGXXeK9 pic.twitter.com/fJJsOcvl5S— crypto.news (@cryptodotnews) June 12, 2026\n\nWhat September actually looks like\nThe Senate returns on September 14. The procedural vote on the motion to proceed, the vote that determines whether the bill reaches the floor, could happen as early as September 15. If cloture fails, the bill is effectively dead for 2026.\nThree scenarios are plausible.\nThe deal. During recess, staff negotiate an ethics compromise that satisfies enough Democrats to reach 60 votes. The bill passes in late September with amendments. This is the 16% scenario that Polymarket is pricing.\nThe delay. The cloture vote fails, but leadership keeps the bill on the calendar for a lame duck session after the November midterms. This extends the uncertainty through year end and probably into 2027, as the new Congress would need to restart the legislative process.\nThe death. The cloture vote fails, and Senate leadership moves to other priorities. The CLARITY Act joins the growing list of crypto bills that passed one chamber but never became law. Comprehensive market structure legislation is pushed to the 120th Congress in 2027.\nWhat would prove this analysis wrong\nIf six or more Democratic senators publicly commit to voting yes before September 14, the math changes entirely. Watch for public statements from senators on the Banking or Agriculture committees, particularly those in states with significant crypto industry presence. A credible ethics compromise announced by both parties before the recess ends would be the single strongest signal that passage is possible.\nConversely, if the September 15 cloture vote fails by more than five votes, the bill is not coming back in 2026 regardless of what leadership says.\nWhat to watch\nThe cloture vote count on September 15. Passage requires 60. If the motion to proceed clears, the bill will likely pass. If it falls short by three or fewer votes, negotiations continue. If it fails by five or more, the bill is dead for 2026.\nEthics provision language during recess. Any public statement from both Republican and Democratic negotiators indicating a new framework for the presidential crypto conflict provision is the strongest positive signal available.\nPolymarket contract price. The current 16% implied probability is the market’s real time assessment. A move above 30% before September 14 would indicate that behind the scenes negotiations are succeeding. A move below 10% means the smart money has given up.\nInstitutional flow data in September. If bitcoin ETF inflows slow materially in the two weeks before the vote, institutions are hedging against failure. If flows hold steady, the market has already priced the risk.\nSEC enforcement activity. Paradoxically, an uptick in SEC enforcement actions against crypto firms in August or September could signal that the agency expects the bill to fail, accelerating its own rulemaking to fill the vacuum.\n\n\n\n\n\n                Read more:\n            \n\n                CLARITY Act may stall, but crypto can still grow without it            \n\n\n\n\nWhat is the CLARITY Act?\n\nThe Digital Asset Market Clarity Act, formally H.R. 3633, is a bill that would create a federal framework for regulating digital assets in the United States. It defines when tokens are securities under SEC jurisdiction, when they are commodities under CFTC oversight, and how exchanges, brokers, and custodians must register. The House passed it in July 2025 by a 294 to 134 vote.\n\n\n\nWhy has the Senate not voted on it yet?\n\nThe primary obstacle is the 60 vote filibuster threshold. Republicans hold 53 seats but need Democratic crossovers. Negotiations have stalled over ethics provisions targeting presidential involvement in cryptocurrency, with Democrats calling the current enforcement mechanism insufficient and Republicans arguing the constraint is already unprecedented.\n\n\n\nWhat happens to crypto prices if the bill fails?\n\nAnalysts at Bernstein project a 10 to 25% near term pullback for bitcoin, testing the $55,000 to $60,000 range. Altcoins could face 15 to 30% drawdowns. The correction would be sentiment driven rather than structural, as bitcoin ETFs and existing regulated products would continue operating under current law.\n\n\n\nDoes the bill affect bitcoin ETFs?\n\nExisting spot bitcoin ETFs would not be directly affected by the bill failure, as they were approved under current SEC authority. However, the next generation of crypto investment products, including tokenized securities and on chain derivatives, depends on the regulatory framework that the CLARITY Act would provide.\n\n\n\nWhat is the ethics provision controversy?\n\nPresident Trump disclosed more than $1 billion in crypto related income in 2025. The Senate version includes a provision prohibiting sitting presidents and federal officials from issuing or sponsoring digital assets. Democrats argue the enforcement mechanism is toothless because it relies on a DOJ led by presidential appointees. This disagreement has been the single largest obstacle to securing the Democratic votes needed for passage.\n\n\n\nWhen is the next vote scheduled?\n\nSenate Majority Leader John Thune filed cloture before the August recess, setting up a procedural vote as early as September 15, 2026. The Senate returns on September 14. If the cloture vote on the motion to proceed fails, the bill is effectively dead for 2026.\n\n\n\nHow many votes does the bill need?\n\nThe bill needs 60 votes to overcome the filibuster. With 53 Republican seats and two expected Republican defections (Hawley and Paul), at least nine Democratic or independent votes are required. Only two Democrats voted yes in committee.\n\n\n\nCould the bill pass in 2027 instead?\n\nIf the CLARITY Act fails in the current Congress, the legislative process resets. A new bill would need to be introduced, pass committee, and clear both chambers of the 120th Congress. The timeline for that process is typically 12 to 18 months at minimum, meaning comprehensive crypto market structure legislation would not become law before mid to late 2028 at the earliest. This is educational analysis, not investment advice.\n\n\n\n\nDisclaimer: This article is for informational and educational purposes only. It does not constitute financial, investment, or legal advice. Cryptocurrency markets are volatile and carry significant risk. Always conduct your own research before making investment decisions. Published August 10, 2026.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2658647879","isCrawlerRequest":true}