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The White House had targeted today โ July 4, America's 250th birthday โ as the deadline to sign the Digital Asset Market CLARITY Act, the bill that would end the decade-long SEC vs. CFTC turf war and codify assets like XRP as commodities in federal law. Senate delays and the 60-vote cloture hurdle blocked it before the August recess window, leaving the path to 2026 passage uncertain. A slip into 2027 would leave the entire industry without clear regulatory rules for another year-plus. Will Congress find a path forward before summer recess? Not financial advice.
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