CLARITY Act, Venezuelan Bitcoin and the New Crypto Policy of the United States

Illustration of the US Capitol symbolizing proposed crypto tax safe harbor rules for stablecoins, staking, and mining

Why the CLARITY Act is the most important US crypto bill in years

In 2026, US crypto regulation is finally moving away from enforcement through ambiguity. A new bipartisan bill known as the CLARITY Act is now under Senate review and is expected to redefine how digital assets are regulated across the United States.

The law is designed to clarify responsibilities between the Securities and Exchange Commission and the Commodity Futures Trading Commission, ending years of jurisdictional confusion that has slowed innovation and pushed projects offshore.

What the SEC said about Venezuelan Bitcoin

In a recent interview, the head of the SEC acknowledged that US authorities are now dealing with an unprecedented case: how to handle an estimated sixty billion dollars in Bitcoin reportedly held by the Venezuelan state.

The chairman made it clear that this issue is beyond the SEC’s mandate and will be handled at the level of the US administration. This marks the first time that sovereign Bitcoin reserves are being discussed as a formal geopolitical and regulatory matter rather than a theoretical risk.

This development shows that Bitcoin is no longer treated as a fringe experiment but as a state-level financial asset.

Ending the grey zones between the SEC and CFTC

One of the core goals of the CLARITY Act is to remove regulatory overlap. For years, crypto companies have faced conflicting interpretations of whether a token is a security or a commodity.

The bill proposes a clear framework that assigns authority based on the functional characteristics of each digital asset, creating predictable compliance pathways for exchanges, token issuers, stablecoin platforms and DeFi protocols.

Why the United States wants to become the crypto capital of the world

The SEC chairman stated that regulatory clarity is essential for investor confidence. The agency now openly supports a new market structure law that would provide long-term predictability for the crypto sector.

This is a dramatic shift from the enforcement-first approach of previous years and suggests that the US is positioning itself to compete globally as a crypto innovation hub.

Stablecoins at the center of the new policy

Stablecoins are no longer treated as experimental products. They are rapidly becoming critical payment infrastructure.

Under the CLARITY framework, stablecoin issuers are expected to receive dedicated regulatory classifications that will allow them to operate across state and federal lines with clear compliance standards.

This is particularly relevant as banks, fintech firms and payment processors increasingly rely on stablecoins for settlement and cross-border transfers.

Why the Senate delayed the CLARITY Act vote

Senator John Boozman recently announced that the Senate’s consideration of the CLARITY Act has been postponed until later this month.

This delay does not indicate opposition. Instead, it reflects the scale of the legislation and the complexity of aligning multiple agencies, lawmakers and industry stakeholders under a single regulatory structure.

Historically, landmark financial laws follow similar timelines.

What this means for the crypto market in 2026

If passed, the CLARITY Act could become the foundation of the US crypto economy for the next decade.

It would unlock institutional capital, provide legal certainty for builders, and remove the final barrier preventing crypto from integrating fully with traditional finance.

For the first time, the question is no longer whether crypto belongs in the financial system. The question is how fast the United States can build the framework to support it.