What the midterm elections mean for US crypto regulation

The U.S. midterm elections have narrowed the path for the CLARITY Act, the crypto market-structure bill that would define how digital assets are classified and regulated, leaving its passage increasingly uncertain. The article frames this legislative bottleneck as the key near-term risk for the U.S. crypto industry, though it does not cite specific token prices, TVL, volumes, market caps or funding figures. It argues that the 2028 election could ultimately have more far-reaching consequences for crypto regulation than the midterms themselves. What to watch next is whether the CLARITY Act can still muster enough support to advance before the legislative window closes.