Clarity Act passage unlikely; SEC and CFTC to accelerate crypto regulation

The Clarity Act is unlikely to pass before the Senate recess on August 7, 2026, causing uncertainty in digital asset regulation. Meanwhile, the SEC and CFTC are accelerating regulatory efforts under Project Crypto, focusing on token classification, DeFi, self-custody, tokenized real-world assets, and prediction markets.

This Wire brief sits within Fusion42's coverage of Crypto & Web3, and 16 sources have reported it between 22 Jul 2026 and 18 Aug 2026.