The U.S. House of Representatives will hold a field hearing on the Digital Asset Market Clarity Act this Friday, July 17, 2026, in New York City.
The hearing will review the bill's market structure framework. The House passed the legislation in July 2025 with a 294-134 bipartisan vote. The bill proposes to grant the Commodity Futures Trading Commission exclusive authority over spot digital commodity markets like Bitcoin. The Securities and Exchange Commission would retain oversight of investment contracts.
This hearing is a significant step toward reconciling the House version with the Senate's pending draft. The deadline for passage this year is the August 7 recess.
Market pricing shows participants are responding positively. The probability of the Clarity Act being signed into law by the end of 2026 is currently at 46.5%.
Watch for statements from key political figures, including President Trump and Senate leaders, that could indicate shifts in support. The August 7 recess remains a pivotal deadline.