CLARITY Act Could Face 2-Year Delay After Republican Midterm Losses: Analyst

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The Democratic Party’s takeover of both chambers of the US Congress could leave the crypto industry waiting for at least two years for the CLARITY Act. This is according to analyst Ash Crypto, who says that the results have complicated President Donald Trump’s plans for the US to become a global hub for crypto. Democrats Midterm Victory Complicates CLARITY Act’s Prospects In a November 5 post on X, Ash recalled that Democrats unanimously opposed the legislation during a Senate vote in September, denying Republicans the 60 votes they needed to advance it. And now, with the party flipping seven seats in the midterms to take its numbers in the House to 54, the analyst says things will only get much more difficult.
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