Congress
Congress is a government body whose Senate blocked the Clarity Act in September 2026. A US Bitcoin reserve bill faces 6% survival odds amid a tight calendar. Congress regulates Polymarket.
Congress is a government entity referenced in crypto newsroom coverage. In September 2026, its Senate blocked the Clarity Act, a crypto market structure bill, likely ending it for the year. A separate US Bitcoin reserve bill faces a tight congressional calendar before November mid-terms with reported 6% odds of survival. The Clarity Act defeat triggered industry responses, including Ripple's CLO reassuring XRP holders, and market movements such as Bitcoin sliding from nearly $80,000 and ETF outflows. Crypto stocks slid after the Senate vote. Congress also regulates Polymarket. The recorded timeline shows Bitcoin dropped over 5% amid regulatory uncertainty after the block.
Overview
Congress is a government entity referenced in crypto newsroom coverage. In September 2026, its Senate blocked the Clarity Act, a crypto market structure bill, likely ending it for the year. A separate US Bitcoin reserve bill faces a tight congressional calendar before November mid-terms with reported 6% odds of survival. The Clarity Act defeat triggered industry responses, including Ripple's CLO reassuring XRP holders, and market movements such as Bitcoin sliding from nearly $80,000 and ETF outflows. Crypto stocks slid after the Senate vote. Congress also regulates Polymarket. The recorded timeline shows Bitcoin dropped over 5% amid regulatory uncertainty after the block.
Recent developments
In mid-September 2026, the Senate blocked the Clarity Act, likely ending the crypto market structure bill for 2026. A US Bitcoin reserve bill faces a tight congressional calendar before November mid-terms with reported 6% survival odds. The Clarity Act defeat prompted Ripple's CLO to reassure XRP holders and coincided with Bitcoin sliding from nearly $80,000 and ETF outflows totaling $592 million and $450 million.
History
No founding date is recorded. In September 2026, the Senate blocked the Clarity Act, likely ending it for the year. Congress later considered H.R. 10357 to ease crypto payments and widen tax rules. A US Bitcoin reserve bill faced 6% odds of surviving Congress.
Historical context
The recorded timeline for 2026-09-15 and 2026-09-16 matches the newsroom coverage, showing the Senate's block of the Clarity Act, questions about a US Bitcoin reserve bill in Congress, and subsequent market and industry reactions.
Risk factors
The Senate's blockage of the Clarity Act likely kills the crypto market structure bill for 2026. A tight congressional calendar before November mid-terms poses risk to the survival of a US Bitcoin reserve bill, with reported 6% odds. Regulatory uncertainty from these legislative setbacks has been linked to Bitcoin dropping over 5%.
Outlook
Will the US Bitcoin reserve bill survive Congress given the reported 6% odds and tight calendar before November mid-terms? Could the Clarity Act be reconsidered in a future session after its Senate block? How will Congress address digital asset regulation following the recent defeat?
Latest coverage
20 storiesMcConnell's health issues could impact Senate leadership dynamics and influence market perceptions of political stability. The post McConnell struggles during Senate vote, raising health concerns appeared first on Crypto Briefing .
U.S. spot bitcoin ETFs shed $450 million, the most since June, as the Senate's failure to advance the Clarity Act sent regulatory-sensitive tokens sharply lower.
Two days after the Senate failed to move forward the Clarity Act, the U.S. Securities and Exchange Commission granted five-year exemptive relief for the onchain trading of stock tokens that are 1:1 backed by the underlying with full voting rights, dividends, proxies, etc. According to the order, onchain trading venues ... The post SEC Grants Innovation Exemption for Trading Stock Tokens Onchain, but Not Synthetics appeared first on Unchained .
Bipartisan efforts on the CLARITY Act could reshape digital asset regulation, impacting market stability and cross-party legislative dynamics. The post Senate Democrats push for bipartisan support on stalled CLARITY Act appeared first on Crypto Briefing .
The CLARITY setback is not fatal for crypto, but institutional participation could remain on the sidelines longer than expected, according to Trace Finance co-founder Bernardo Brites.
The CLARITY Act missed the Senate’s 60-vote cloture threshold, but a motion to reconsider leaves a possible lame-duck revival ahead. The post Senate Setback Leaves CLARITY Act Facing Long-Shot Revival appeared first on Cryptonews .
Timeline
80 recorded events- 17 Sept 2026DevelopmentMcConnell struggles during Senate vote, raising health concerns
McConnell's health issues could impact Senate leadership dynamics and influence market perceptions of political stability. The post McConnell struggles during Senate vote, raising health concerns appeared first on Crypto Briefing .
- 17 Sept 2026DevelopmentIt’s here — SEC releases long-awaited innovation exemption to ‘bring America’s capital markets into the digital age’
The SEC released its 'innovation exemption,' positioning the measure as a response to the Senate's failure to advance crypto legislation.
- 17 Sept 2026DevelopmentMaxine Waters urges Congress to delay crypto laws amid presidential profits
Waters' push to delay crypto laws highlights the need for conflict-of-interest safeguards, impacting legislative progress and market stability. The post Maxine Waters urges Congress to delay crypto laws amid presidential profits appeared first on Crypto Briefing .
- 17 Sept 2026DevelopmentSEC Grants Innovation Exemption for Trading Stock Tokens Onchain, but Not Synthetics
Two days after the Senate failed to move forward the Clarity Act, the U.S. Securities and Exchange Commission granted five-year exemptive relief for the onchain trading of stock tokens that are 1:1 backed by the underlying with full voting rights, dividends, proxies, etc. According to the order, onchain trading venues ... The post SEC Grants Innovation Exemption for Trading Stock Tokens Onchain, but Not Synthetics appeared first on Unchained .
- 17 Sept 2026DevelopmentSenate Democrats push for bipartisan support on stalled CLARITY Act
Bipartisan efforts on the CLARITY Act could reshape digital asset regulation, impacting market stability and cross-party legislative dynamics. The post Senate Democrats push for bipartisan support on stalled CLARITY Act appeared first on Crypto Briefing .
- 17 Sept 2026RegulationSenate Democrats push for bipartisan support on stalled CLARITY Act
Bipartisan efforts on the CLARITY Act could reshape digital asset regulation, impacting market stability and cross-party legislative dynamics. The post Senate Democrats push for bipartisan support on stalled CLARITY Act appeared first on Crypto Briefing .
- 17 Sept 2026DevelopmentSeven Democrats Refuse to Give Up on CLARITY Act After Senate Setback
The CLARITY setback is not fatal for crypto, but institutional participation could remain on the sidelines longer than expected, according to Trace Finance co-founder Bernardo Brites.
- 17 Sept 2026DevelopmentSenate Setback Leaves CLARITY Act Facing Long-Shot Revival
The CLARITY Act missed the Senate’s 60-vote cloture threshold, but a motion to reconsider leaves a possible lame-duck revival ahead. The post Senate Setback Leaves CLARITY Act Facing Long-Shot Revival appeared first on Cryptonews .
Quick facts
3 fields- Type
- Government
- Regulates
- Polymarket
- Senate action
- Blocked Clarity Act on 2026-09-15
Frequently asked
- What is Congress's role in crypto regulation?
- Congress is a government body that considers bills such as a US Bitcoin reserve bill and includes a Senate that blocked the Clarity Act in September 2026. It also regulates Polymarket.
- What happened to the Clarity Act?
- The Senate blocked the Clarity Act on September 15-16, 2026, likely killing the crypto market structure bill for 2026.
- What are the odds of a US Bitcoin reserve bill surviving Congress?
- A newsroom report on 2026-09-15 cited 6% odds due to a tight congressional calendar before November mid-terms.