U.S. Cryptocurrency Law May Be Passed in July This Year

Christine Smith, director of the Solana Policy Institute and a former official of the Blockchain Association, believes that the Clarification Act, one of the most important projects in the United States to regulate the digital currency market, will be passed in July 2026.

In an interview with the magazine “wealthSmith explained that it’s not easy to pass standalone legislation in an election year, so lawmakers may try to pass it by wrapping it into a major must-pass bill.

But such a move would require the approval of bipartisan leaders on relevant committees, and it remains a contentious issue, particularly with opposition from figures such as Senator Elizabeth Warren.

The draft law faces additional complications, with Coinbase CEO Brian Armstrong temporarily withdrawing support given that some amendments favor traditional banks.

But Smith noted that things changed after the White House stepped in to demand concessions from traditional banks in regulatory discussions.

July 2026 is the most important date to pass the law before Congress adjourns in August, while December 2026 will be the last chance to ratify the law during its final session after the midterm elections.

On the other hand, Ripple CEO Brad Garlinghouse is more optimistic, giving a 90% chance of the bill passing by the end of April, while Armstrong returns to the White House to continue negotiations on the contentious points.

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