Democratic sweep threatens CLARITY Act as Bitget Wallet expects limited impact on crypto trading

A Democratic sweep in the U.S. midterms has put the CLARITY Act, the market-structure bill that would define how digital assets are classified and regulated, at risk of further delay, according to Bitget Wallet. The wallet provider expects limited near-term impact on crypto trading, arguing that existing regulations remain in place and that increased legislative scrutiny would mainly affect future market dynamics rather than current activity. The CLARITY Act's stalled path matters because it is the sector's main hope for clarifying whether tokens fall under securities or commodities rules, a distinction that shapes exchange listings and institutional participation. With the bill's timeline now uncertain, market participants will watch committee negotiations and any bipartisan compromise in the next congressional session for signs of when the framework might advance.