# American Crypto Rules Are Being Written by Agencies and States While the Senate Stalls

Industry advocates and a former regulator publicly split over the CLARITY Act as the Securities and Exchange Commission's (SEC) Reg Crypto proposal advances and Illinois faces a second lawsuit over its 0.2% digital-asset tax.

- Published: 2026-08-22T05:43:59.635Z
- Canonical: https://polylog.news/crypto/2026-08-22/american-crypto-rules-are-being-written-by-agencies-and-stat
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk (Mersinger)](https://www.coindesk.com/opinion/2026/08/21/pass-the-clarity-act), [CoinDesk (Wong)](https://www.coindesk.com/opinion/2026/08/21/the-hard-truth-is-that-the-clarity-act-is-an-anti-crypto-bill), [crypto.news](https://crypto.news/galaxy-says-reg-crypto-could-end-token-legal-ambiguity/), [CoinDesk (Illinois)](https://www.coindesk.com/policy/2026/08/21/crypto-advocates-join-in-suing-illinois-over-digital-asset-tax)

The industry's own coalition has split in public over the market-structure bill it spent years pursuing. Summer Mersinger, chief executive of the Blockchain Association, argues that reopening a settled provision four weeks before a vote wou…

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