If the CLARITY Act fails to gain bipartisan support and reach the 60-vote threshold in the Senate, it will expire on January 3, 2027
Odaily reports: If the CLARITY Act fails to gain bipartisan support and reach the 60-vote threshold in the Senate, it will expire on January 3, 2027, at the end of the 119th Congress. If the new Congress wishes to advance the bill, it must be reintroduced and a new agreement must be negotiated.
The Digital Chamber expects that the House Financial Services Committee under Democratic control will prioritize stablecoin reserve requirements, expanded consumer information disclosure, and strengthened anti-money laundering controls.
The new Congress is expected to strengthen protections for AI data privacy and national security risks, and to promote formal risk management frameworks and transparency requirements for high-risk AI applications. (Bitcoin.com News)
