{"id":80587,"date":"2026-04-12T15:31:38","date_gmt":"2026-04-12T15:31:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=80587"},"modified":"2026-04-12T15:31:38","modified_gmt":"2026-04-12T15:31:38","slug":"last-chance-us-crypto-policy-hits-critical-deadline-senator-says","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=80587","title":{"rendered":"\u2018Last Chance\u2019: US Crypto Policy Hits Critical Deadline, Senator Says"},"content":{"rendered":"
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Coinbase chief legal officer Paul Grewal said the CLARITY Act could be nearing a markup hearing in the Senate Banking Committee, but he tied that progress to one unresolved issue: the dispute over crypto<\/a> and stablecoin yield.<\/p>\n

That came as the broader push for the bill picked up new urgency from lawmakers and industry figures who fear the window for action is closing fast.<\/p>\n

Deadline Pressure Builds<\/h2>\n

US Senator Cynthia Lummis said the country may not get another serious shot at the bill before 2030.<\/p>\n

In a post on X on Friday, she said this was the \u201clast chance\u201d<\/a> to pass the CLARITY Act until at least that year and warned against letting the country\u2019s financial future slip away.<\/p>\n

\n

This is our last chance to pass the Clarity Act until at least 2030. We can\u2019t afford to surrender America\u2019s financial future.<\/p>\n

\u2014 Senator Cynthia Lummis (@SenLummis) April 10, 2026<\/a><\/p>\n<\/blockquote>\n

Her warning landed at a sensitive moment. Industry participants have grown more uneasy about the bill\u2019s prospects this year, with November midterm elections threatening to shift congressional priorities and slow work on crypto<\/a> legislation.<\/p>\n

Lummis\u2019 comments framed the fight as one that cannot sit on the shelf much longer.<\/p>\n

David Sacks, the former White House AI and crypto czar, echoed<\/a> that view a day earlier. He said Senate Banking, followed by the full Senate, should pass market-structure legislation and said he believes US President Donald Trump would sign it into law.<\/p>\n

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The GENIUS Act, signed by President Trump last year, established U.S. leadership on stablecoins.<\/p>\n

The CLARITY Act, also known as market structure legislation, would do the same for all other digital assets by providing clear rules of the road.<\/p>\n

Secretary Bessent is right: the\u2026 https:\/\/t.co\/rBkE9b5Usq<\/a><\/p>\n

\u2014 David Sacks (@DavidSacks) April 9, 2026<\/a><\/p>\n<\/blockquote>\n

Industry Push Gathers Steam<\/h2>\n

The pressure is not coming from lawmakers alone. Chris Dixon, a16z Crypto\u2019s managing partner, said rules that are clearly defined help both consumers and entrepreneurs.<\/p>\n

That line has become a common argument inside the industry, where many firms say clearer oversight would help the US pull in more innovation and more retail demand for crypto assets.<\/p>\n

<\/p>\n

That view has spread across different corners of the sector. Immutable founder Robbie Ferguson said on April 3 that the CLARITY Act<\/a> could make the past decade of gaming growth look small by comparison.<\/p>\n

Coinbase CEO Brian Armstrong also shifted his tone on Friday, saying it was time for the bill to move after months of delays.<\/p>\n

Stablecoin Fight Still Looms<\/p>\n

Even with that momentum, a key problem remains. Grewal said on April 2 that the bill may be close to a Senate Banking Committee markup, but he also said the path forward depends on agreement over stablecoin yield.<\/p>\n

That issue has kept the legislation from moving cleanly, even as support has built among companies and some regulators.<\/p>\n

Regulators are now adding their voices too. SEC Chairman Paul Atkins said the time had come for Congress to move market-structure legislation to Trump\u2019s desk and to protect the system from what he called rogue regulators.<\/p>\n

The CLARITY Act has since become a test of whether Washington can settle crypto rules before the political calendar closes in.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Coinbase chief legal officer Paul Grewal said the CLARITY Act could be nearing a markup hearing in the Senate Banking Committee, but he tied that progress to one unresolved issue: the dispute over crypto and stablecoin yield. That came as the broader push for the bill picked up new urgency from lawmakers and industry figures […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-80587","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80587"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/80587\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}