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The U.S. Senate returns from recess today, kicking off what analysts are calling crypto regulation's last realistic shot in 2026. The CLARITY Act - which would hand the CFTC authority over spot crypto commodities and clarify SEC jurisdiction - could see a fresh draft text drop as early as this week. Three sticking points remain: President Trump's $1.4B crypto income disclosure, developer liability language, and stablecoin yield rules. Miss this three-week window before August recess and the bill waits until fall at the earliest. Will Congress finally give the industry a clear rulebook? Not financial advice.
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