web3: Hearings in the United States Congress on the Clarity Act

The United States Congress held hearings on Friday to discuss the Digital Asset Market Clarity Act. The meeting itself could not directly facilitate a vote on the bill, but it was still seen as an important step in continuing to garner support until the National Assembly adjourned in August.

The Bill focuses on the division of labour.

At the core of the bill is to establish a clearer regulatory framework for the United States digital asset market and to reduce the number of conflicts of rules and ambiguities in the face of both the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).

The bill also seeks to provide a clearer institutional environment for the United States indigenous block chains and digital finance operations to support the development of related enterprises in the United States.

The hearing invited a number of professionals.

Witnesses to the hearing included Ryan Louvar, Chief Justice WisdomTree, Sarah Aberg, Chief Justice of Nova Labs, Jason Somensatto, Policy Manager of Coin Center, and Randi Abernethy, Chief of the Bullish Settlement and Corporate Risks.

While such hearings do not directly approve bills, they are often used by parliamentarians to hear industry, legal and market-level views and to gain more support for subsequent legislation.

Trump is pressuring the Senate again.

Earlier this week, Trump again called on the United States Senate to pass the bill. He stated that the Senate should facilitate the completion of the legislative vote.

According to the original information, the CLARITY Bill was passed in the House of Representatives in July 2025 and passed through two Senate committees before the 2026 Memorial Day of the Dead. This means that some of the key procedures for the bill have been completed, but there is still a follow-up to the final landing.

At the same time, Polymarket data show that, as Congress proceeds to discuss the bill, the market ' s probability of passing a bet on the bill in the short term is reduced to a new low. The hearings were thus seen by the outside world as an important window for observing the pace of legislation.