Crypto Industry Spends $189 Million on 2026 Midterms as Clarity Act Faces 31% Odds

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โดย Motley Fool·Read original
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The crypto industry has spent $189 million on the 2026 U.S. midterm elections, making it the largest corporate political spender this cycle, yet prediction markets give the Clarity Act just a 31% chance of passing by year-end. The bill, which cleared the House in July 2025 and the Senate Banking committee in May, would grant the Commodity Futures Trading Commission exclusive jurisdiction over spot digital commodity markets, create a decentralization test for tokens to become commodities as networks mature, and codify earlier regulatory guidance classifying Bitcoin, Ethereum, and XRP as commodities. Democrats are demanding ethics language to bar officials from profiting on digital assets, a push galvanized by a filing showing President Donald Trump earned $1.4 billion from crypto in 2025, while stablecoin yield rules remain another sticking point. If passed, XRP stands to gain the most, with Standard Chartered and JPMorgan projecting $4 billion to $8 billion in ETF inflows, while Ethereum staking ETFs would gain firmer legal footing and Bitcoin would see minimal incremental lift. A cloture motion before August 8 could signal progress, but without it the industry's political spending may need to wait until 2027 for a return.

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