The CLARITY Act has run into another delay in the U.S. Senate, pushing back progress on crypto regulation yet again. Despite pressure from the White House and industry leaders, disagreements over stablecoin yield rules and DeFi protections are keeping lawmakers divided. Brad Garlinghouse still believes the bill could pass by the end of May 2026.
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📰 Latest Updates (March 28, 2026)
Senate Gridlock: Key committees remain split, blocking forward movement
White House Pressure: Officials have warned Coinbase about potential stricter actions if progress stalls
Ripple Outlook: Garlinghouse expects a deal by May 31, citing negotiation fatigue as a driver for compromise
Market Reaction: A draft proposing limits on stablecoin yield triggered sharp declines in crypto-related stocks
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📊 Market Impact Snapshot
Circle: -20% (hit hardest by yield restriction concerns)
Coinbase: -11% (uncertainty weighing on sentiment)
Crypto Market: Volatile, with $BTC near $66K and $ETH around $2K
Banks: Benefiting as proposals appear to favor traditional finance over DeFi
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📌 Post Version
#CLARITYActHitAnotherRoadblock 🚨
Crypto regulation in the U.S. faces another delay as the Senate stalls the Digital Asset Market CLARITY Act.
⚖️ Ongoing deadlock between key committees
🏛️ White House increases pressure on Coinbase
📉 Market hit: Circle -20%, Coinbase -11%
🔮 Ripple CEO expects resolution by end of May
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⚠️ Disclaimer: This is for educational purposes only, not financial advice. Always do your own research.