BIG CRYPTO NEWS! CONGRESS SCHEDULES CLARITY ACT HEARING!
June 24, 2026
AI Summary
5 min readOn a Friday morning in late July, the House Financial Services Committee will hold a hearing on the Clarity Act — a concrete sign that the crypto industry’s most consequential piece of legislation may finally be nearing the finish line. The hearing, titled "Building the Future of Finance: How the Clarity Act Unlocks Innovation," is scheduled for 10 a.m. Eastern on July 17, 2026, before the Digital Assets, Financial Technology, and Artificial Intelligence subcommittee. While the bill is currently in the Senate, the House scheduling this hearing suggests leadership expects the Senate to pass its version soon, after which the bill would return to the House for final approval before heading to President Trump’s desk.
The Clarity Act’s path and the political headwinds
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What you'll learn
- 1 (00:52) **Episode Intro & Host Welcome** - Tony Edward opens the Thinking Crypto Podcast and asks for subscribes.
- 2 (01:52) **House Schedules Clarity Act Hearing** - The House Financial Services Committee schedules a hearing on the Clarity Act for July 17th.
- 3 (03:16) **Hearing Details & Legislative Timeline** - Specifics of the hearing and the push to pass the bill before the August recess.
- 4 (04:28) **Political Roadblocks & Ethics Concerns** - Senate Democrats are using Trump family crypto ties to delay the Clarity Act.
- 5 (06:26) **Crypto Tax Legislation on the Horizon** - Senate lawmakers could release crypto tax legislation as early as this fall.
- 6 (07:08) **Sponsor Break: iTrustCapital** - An ad for a crypto and precious metals IRA platform.
- 7 (09:03) **Meta to Build Prediction Markets App** - Mark Zuckerberg orders Meta to create a prediction markets app.
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Guests on this episode
Show Notes
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⏰ Time Stamps ⏰
00:00 Intro
00:23 Congress Clarity Act hearing
03:00 Senate Democrats Trump Crypto ethics
04:57 Crypto tax legislation
07:35 Mark Zuckerberg meta Prediction market
09:14 Crypto critic Tokenization
11:08 BNY Tokenized Funds
12:34 Chainlink Banks Money Transfer
14:02 ECB Digital Euro CBDC
15:25 Ripple MICA approval
15:49 SBI Yen Stablecoin
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