US crypto regulation hinges on bipartisan legislation after CLARITY Act rejection
French Hill said SEC and CFTC actions do not replace a permanent crypto market-structure law, and he said lawmakers should still pass one before the next Congress in 2027. Kristin Smith also said the Clarity Act failed in the Senate, but she described the broader policy direction in Washington as still moving in crypto’s favor.
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Crypto users, market participants, and firms that have to follow federal rules would notice that the fight over a permanent U.S. framework is still open. Hill’s push for legislation before 2027 means the absence of a final market-structure law remains the immediate setting they have to work within today.
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