The U.S. Senate is advancing the Crypto Clarity Act, with 50 Republican senators confirming support and the measure now 3 votes short of the 60 required to pass. The bill aims to establish a unified regulatory framework for crypto assets. Trump has said he would sign the legislation “immediately.” If approved, the bill could reduce long-standing regulatory uncertainty for institutional investors and potentially open the door to trillions of dollars in institutional capital, with Bitcoin (BTC) widely viewed as a preferred allocation target.

A social media post claimed that “Ripple Treasury” is covered by #CLARITY and called for the legislation to be sent to former U.S. President Donald Trump as soon as possible. #CLARITY refers to the Crypto Asset Regulation and Innovation Yield Act, a congressional proposal intended to clarify when crypto assets are treated as securities and outline a regulatory framework. The proposal has not entered a formal legislative process and there has been no official confirmation of progress, leaving the post as policy speculation without cited bill text, voting timelines, or government backing.

In the first half of 2026, WLFI’s core stablecoin USD1 expanded sharply, reaching a $5.3B peak supply across 8+ chains. Liquidity on Solana rose from $115M to over $1B, while WLFI Markets launched with $310M+ supplied. The ecosystem also advanced institutional efforts with an OCC national trust bank charter filing and broadened real-world usage, including UFC bonuses paid in USD1. These developments reinforce WLFI’s role in protocol governance, yield distribution, and cross-chain financial infrastructure.

A vote on the U.S. CLARITY Act is scheduled for July 27, 2026. At the time of publication, the tally stood at 47 votes in favor and 53 against, leaving it 13 votes short of the 60 required for passage. The bill aims to clarify how digital assets are classified as securities versus commodities, which would increase regulatory certainty for the industry if approved. The current count suggests the measure is unlikely to pass, keeping the U.S. crypto regulatory framework unclear in the near term and affecting policy expectations for bitcoin and other major crypto assets.

The U.S. CLARITY Act has entered a decisive legislative window, with 14 days remaining before Congress breaks for the August recess. Negotiators are discussing the latest draft that would set crypto market-structure rules covering exchanges, custody and stablecoins. Representatives from the Solana Policy Institute, the DeFi Education Fund, the Digital Sovereignty Alliance and TRON DAO are set to discuss the bill in a livestream scheduled for 12:30 p.m. ET.

Dex Screener generated nearly $1.7 million in protocol revenue over 24 hours, moving into the top three on DefiLlama’s revenue rankings and overtaking pump and Hyperliquid. The figure was cross-checked using Arkhma data by verifying three publicly viewable receiving addresses tied to @dexscreener. The revenue was attributed to Solana meme project teams frequently paying for Dex Screener’s analytics services as they compete for attention. With near-zero marginal costs, Dex Screener was described as operating a highly profitable model.

Japanese regulators are advancing new crypto rules that could pave the way for a Bitcoin ETF to be approved and listed by 2028. The move would position Japan—after the U.S. and Canada—as another major financial jurisdiction exploring a spot Bitcoin ETF. The proposed framework is expected to offer qualified investors such as domestic pension and insurance funds a compliant, regulated way to gain BTC exposure. No specific timetable or approval pathway has been disclosed, and the plans do not say whether multi-asset ETFs or non-spot structures would be supported.

CNBC said it confirmed that U.S. Sen. John Thune will bring the Bitcoin Clarity Act to a full Senate vote before the August 2026 congressional recess. The bill aims to clarify that bitcoin is not a security and to define regulatory jurisdiction, including a potential lead role for the CFTC. If passed, it would mark the first federal legislative move to define bitcoin’s legal status in the U.S., shaping compliance rules and routes for institutional participation. The report did not mention specific provisions for other crypto assets, focusing instead on BTC and related policy-mapping tokens.