SCCOP: Lawmakers may drop a new version of the Clarity Act as soon as next week, people following the effort told CoinDesk. Read the full story buy @nikhileshde and @jesseahamilton on CoinDesk.

What happened

Sources told CoinDesk that legislators may drop the proposed new version of the Clarity Act as early as next week, meaning the current regulatory framework is likely to stay in place for now.

Confirmed

Global impact / market context

Keeping the existing Clarity Act avoids new compliance costs and uncertainty for crypto firms, allowing them to continue operating under known rules and preserving current business planning and investment decisions.

Analyst inference

Lawmakers are debating a new version of the Clarity Act, a proposal that would change how U.S. regulators treat crypto assets, which could reshape the legal landscape for digital currency businesses.

Analyst inference

What to watch

1. An official statement from the Senate Committee confirming the withdrawal of the new Clarity Act draft within the next few days. Analyst inference
2. The exact date when lawmakers schedule a vote or further discussion on the decision to drop the draft, indicating how quickly the status will be settled. Analyst inference
3. Any immediate comments from key crypto industry groups about the impact of the draft’s removal on their regulatory strategy and lobbying efforts. Analyst inference

Evidence

• x.com