The odds of the CLARITY Act passing in 2026 decline sharply as banks push back against stablecoin returns and rewards. The Senate crypto bill may be delayed until the end of May, as senators remain divided on the timeline.
Investment bank TD Coin pointed to five additional challenges facing passage of the CLARITY Act beyond stablecoin returns. Cryptocurrency invoice tokenization is crucial for more Bitcoin and the recovery of the broader cryptocurrency market.
Senators point to further delay of crypto bill tokenization until May
During an event in Washington, D.C. on April 22, Senator Bernie Moreno was asked about the timeline for the cryptocurrency market structure bill. Moreno said“I think we’ll get it done by the end of May.”
The Ohio Republican warned last month that if the Clarity Act is not passed by May, a cryptocurrency bill may be off the table for the foreseeable future.
Regarding banks’ objections to yielding stablecoin returns, Moreno said: “There is a lot of noise in the system and it is completely fake,” while urging banks to “start innovating.”
As CoinGape previously reported, Senator Thom Tillis told Senate Banking Committee Chairman Tim Scott about this Delay bill coding encoding To May. He claims that negotiators need more time to finalize a compromise between banks and the cryptocurrency industry on stablecoin revenues.
In contrast, pro-crypto senators like Cynthia Lummis and… Digital Chamber pays for Senate tokenization of the CLARITY Act as soon as possible.
Meanwhile, the American Bankers Association has requested an additional 60 days to comment on the rules associated with the GENIUS stablecoin bill. This indicates a potential delay in its implementation as the banking group continues to push against stablecoin yields.
The CLARITY Act causes the odds of success to drop sharply
Polymarket took to X to claim that the CLARITY Act is no longer expected to be signed into law this year. It showed that the odds of its passage dropped to 38%, a decline of 23% amid pressure from senators to delay the tokenization of the cryptocurrency bill until May.
JUST IN: The Clarity Act is no longer expected to be signed into law this year. pic.twitter.com/YktSLS7DNh
— Polymarket Money (@PolymarketMoney) April 22, 2026
Meanwhile, Calci data also indicated a decline in the odds of the cryptocurrency market structure bill becoming law, with a 14% probability of passing before July and a 39% probability of passing before August.
The odds of President Donald Trump signing the CLARITY Act into law before 2027 rose slightly to 58% today, from 53% earlier this week.
It is worth noting that TD Coin shared five additional challenges to passing the CLARITY Act beyond stablecoin revenues. These challenges include the lack of commissioners on the Commodity Futures Trading Commission, regulation of prediction markets, and the ongoing scrutiny that Trump’s family-related family faces. Global financial freedom.
Furthermore, Iran’s acceptance of cryptocurrency payments as tolls for ships passing through the Strait of Hormuz could increase the focus on it. Anti-money laundering And the provisions of the Bank Secrecy Law in the encryption bill. T.D. Cowen also pointed to credit card competition law as another hurdle.
Read also: 11 Best Cryptocurrency Staking Platforms
