American Lawmakers Close To A Compromise On Cryptos

This is a crypto news that not only concerns US investors. Republican Senator Bill Hagerty, member of the Senate Banking Committee, just announced that he hopes to advance the main cryptocurrency bill in the banking committee as early as next week.

What is the content of the crypto bill dividing the US Senate?

The text in question is the CLARITY Act. Approved by the House of Representatives in June 2025, it constitutes the first comprehensive regulatory framework for digital assets in the United States. Its main issue: to move the oversight of the majority of cryptocurrencies from the SEC (Securities and Exchange Commission) to the CFTC (Commodity Futures Trading Commission).

Specifically, this means that most crypto assets would no longer be treated as securities but as commodities. A distinction that thus determines the rules of the game for every exchange, every DeFi, and every stablecoin operating on American soil.

Hagerty spoke on Monday, April 6, at the Digital Assets and Emerging Tech Policy Summit at Vanderbilt University. His message is direct:

On the banking committee side, I think we are very close to an agreement, and I expect the text to be presented in committee during the next working period, which starts next Monday.

He even aims for an exit from the banking committee as early as this month, before the November 2026 midterm elections.

According to him, three obstacles still block the bill that will regulate the crypto market:

• tokenized equities;
• ethical issues;
• stablecoin yield.

Hagerty acknowledges there is still a lot of work to be done. Nevertheless, he assures that none of the issues raised is insurmountable. Especially since the Senate Agriculture Committee has already advanced its own version of the text in January 2026.

Why does US crypto regulation impact European investors?

The American crypto regulation is not just an internal matter. When Washington decides, global markets move. And the political stakes surrounding this vote make it even more significant.

Supported by the crypto industry, the PAC Fairshake has $193 million to influence the November 2026 midterms (after already spending over $130 million in the 2024 elections). Another organization, the Fellowship PAC, says it has raised over $100 million from undisclosed supporters linked to the crypto industry. Its president? Jesse Spiro, Tether executive, appointed April 6, 2026.

The group Stand With Crypto puts it bluntly: the vote on this text conditions lawmakers’ electoral chances at the midterms. Paul Grewal, Coinbase chief legal officer, confirms negotiations are progressing and that the US Senate is approaching a key agreement.

For European crypto investors, this American regulatory framework will have direct consequences. If the CFTC becomes the main regulator of digital assets in the United States, major crypto exchanges will have to rethink their compliance structures. Also, institutional trust (already weakened by months of uncertainty) could rebound strongly.

In any case, the crypto file in the US Congress is entering its decisive phase. If April 2026 holds as the timeline, it would be the first major regulatory victory for the industry in years. Crypto news to watch very closely on both sides of the Atlantic!