Bill Hagerty revives July 4 hope for CLARITY Act passage

cryptonews

Jun 19

Senator Bill Hagerty has renewed expectations that Congress could advance the Digital Asset Market Clarity Act before the July 4 recess, even as several lawmakers continue to caution that final Senate...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2644035193"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2644035193\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2644035193?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-19 03:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2644035193","market":"fut","top_or_hot":-1,"title":"Bill Hagerty revives July 4 hope for CLARITY Act passage","media":"cryptonews","content":"<div>\n<p>Senator Bill Hagerty has renewed expectations that Congress could advance the Digital Asset Market Clarity Act before the July 4 recess, even as several lawmakers continue to caution that final Senate...</p>\n\n<a href=\"https://crypto.news/bill-hagerty-revives-july-4-hope-for-clarity-act-passage/\">Source Link</a>\n\n</div>\n","source":"crypto_news_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bill Hagerty revives July 4 hope for CLARITY Act passage</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBill Hagerty revives July 4 hope for CLARITY Act passage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-19 03:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/bill-hagerty-revives-july-4-hope-for-clarity-act-passage/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Senator Bill Hagerty has renewed expectations that Congress could advance the Digital Asset Market Clarity Act before the July 4 recess, even as several lawmakers continue to caution that final Senate...</p>\n\n<a href=\"https://crypto.news/bill-hagerty-revives-july-4-hope-for-clarity-act-passage/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HGTY","symbol_name":"Hagerty","start_time":0,"source_url":"https://crypto.news/bill-hagerty-revives-july-4-hope-for-clarity-act-passage/","article_id":"2644035193","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/bill-hagerty-revives-july-4-hope-for-clarity-act-passage/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2644035193","pubTimestamp":1781811846,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Senator Bill Hagerty has renewed expectations that Congress could advance the Digital Asset Market Clarity Act before the July 4 recess, even as several lawmakers continue to caution that final Senate action may take longer.Bill Hagerty said he still hopes the CLARITY Act can pass before the July 4 recess.David Nage said lawmakers and industry participants are roughly 80–85% aligned on the bill.Debate has narrowed to ethics provisions as industry groups continue backing regulatory clarity.According to comments made by Hagerty during a FOX Business interview, negotiations on the legislation remain ongoing, but he still hopes lawmakers can complete work on the bill before Congress breaks for Independence Day.“This will be something more a matter of focus after the 4th of July recess period, but I certainly hope to see it done before,” Hagerty said.Under Nage’s base-case scenario, lawmakers would resolve the ethics provisions and reconcile competi","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"HGTY":"Hagerty","BK4173":"保险经纪商"},"translate_title":"比尔·哈格蒂(Bill Hagerty)重燃7月4日CLARITY Act通过的希望","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HGTY":1.5},"content_text":"Senator Bill Hagerty has renewed expectations that Congress could advance the Digital Asset Market Clarity Act before the July 4 recess, even as several lawmakers continue to caution that final Senate action may take longer.\n\n\nSummary\n\n\n\nBill Hagerty said he still hopes the CLARITY Act can pass before the July 4 recess.\nDavid Nage said lawmakers and industry participants are roughly 80–85% aligned on the bill.\nDebate has narrowed to ethics provisions as industry groups continue backing regulatory clarity.\n\n\n\nAccording to comments made by Hagerty during a FOX Business interview, negotiations on the legislation remain ongoing, but he still hopes lawmakers can complete work on the bill before Congress breaks for Independence Day.\n\n“This will be something more a matter of focus after the 4th of July recess period, but I certainly hope to see it done before,” Hagerty said.\n\nThe Tennessee Republican described the legislation as a key step toward establishing clear rules for digital assets in the United States. In his view, the bill would provide the certainty needed for businesses and investors to participate in the sector under a defined regulatory framework.\nHis remarks come as the Senate recently approved the GENIUS Act, which created a federal framework for stablecoins. Hagerty argued that the stablecoin legislation demonstrated how regulatory clarity can support dollar-backed digital assets while strengthening the role of the U.S. dollar through fully reserved stablecoins.\nSenate debate has narrowed to ethics provisions\nWhile Hagerty continues to push for action before July 4, other lawmakers have offered a more cautious timeline. Senator Cynthia Lummis has indicated that a Senate floor vote is more likely before the August recess than before Independence Day.\nAdditional insight from Washington discussions suggests that most policy disagreements may already be settled. As reported earlier by crypto.news, David Nage, managing director and portfolio manager at Arca, said conversations with Senate offices left him believing lawmakers and industry participants are roughly 80% to 85% aligned on the substance of the legislation.\nAccording to Nage, stablecoin yield provisions no longer appear to be a major source of disagreement despite continued criticism from banking executives, including JPMorgan Chief Executive Officer Jamie Dimon.\nInstead, Nage said discussions have increasingly focused on conflict-of-interest and ethics rules that would restrict government officials from participating in crypto-related business activities while holding office.\nFollowing meetings with congressional staff, Nage stated that lawmakers are now debating how such restrictions should be enforced rather than whether they should exist. He characterized the remaining disagreement as a political and implementation issue rather than a dispute over digital asset market structure.\nUnder Nage’s base-case scenario, lawmakers would resolve the ethics provisions and reconcile competing proposals in the coming weeks, allowing the legislation to reach the Senate floor after Congress returns from recess on July 13.\nIndustry sees regulation as key to institutional participation\nSupporters of the legislation argue that regulatory certainty remains one of the largest barriers preventing broader participation from traditional financial institutions.\nSpeaking on the issue, Solana Policy Institute President Kristin Smith said many asset allocators continue to explore opportunities in digital assets but are waiting for clearer regulatory guidelines before committing capital.\nSmith also rejected claims that the CLARITY Act would weaken oversight of the industry. According to her, the legislation would introduce additional consumer protections, provide law enforcement with new tools, and address gaps in existing regulations.\nBackers of the measure further note that the bill would clarify the responsibilities of the Securities and Exchange Commission and the Commodity Futures Trading Commission while establishing compliance requirements for digital asset firms.\nAt the same time, Lummis has disclosed that the legislation includes $150 million in funding intended to combat illicit activity involving cryptocurrencies. She has also warned that if Congress fails to advance the measure during the current legislative window, meaningful action on market structure legislation could potentially be delayed until 2030.\n\n\n\n\n\n                Read more:\n            \n\n                Kraken bets on Solana’s long tail while SOL extends losses","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}