Bipartisan support remains the main obstacle standing between the CLARITY Act and becoming law. That was the assessment from asset management firm Grayscale on Friday, even as the company said it believes the bill has a strong chance of passing.
Republicans hold 53 Senate seats, meaning at least seven Democrats would need to cross the aisle for the legislation to clear the full chamber.
CLARITY Act AdvancesNine Democrats voted against it. The bill, which aims to give the crypto industry clearer rules around market structure, has been a subject of intense debate since its introduction in July 2025.
Based on that track record, Grayscale said it believes similar bipartisan backing for the CLARITY Act is achievable, though it acknowledged that several hurdles remain before it can be signed into law.
Broader Economic StakesIt cited the GENIUS Act’s passage as a precedent, saying that legislation produced strong growth and adoption that it described as beneficial not just for the US economy but for the long-term position of the US dollar globally.
The US dollar index, which measures the dollar’s strength against a basket of major currencies, stood at 99.26 at the time of publication, up 1.25% over the prior 30 days, according to TradingView data.
Sharplink Gaming CEO Joseph Chalom added another dimension to the conversation, saying the bill is being watched far beyond US borders.
Whether the Senate delivers that framework is now a question of vote counting.
Featured image from MadebyBaurley, chart from TradingView
