The proposed CLARITY Act, which could provide statutory certainty for governance tokens beyond SEC staff guidance, failed to advance in Congress in September 2026

How governments worldwide set rules for digital assets through legislation, agency rulemaking, licensing regimes and court fights.

Bicameral federal legislature of the United States, made up of the Senate and the House of Representatives, which writes law, controls federal spending and oversees the executive branch. Its two chambers represent states and districts on different terms and hold different constitutional powers.