Zimbabwe is moving to regulate cryptocurrency as it tries to rebuild monetary credibility after the launch of the gold-backed ZiG. The real test is whether licensing can pull crypto and stablecoin activity into supervised channels without simply extending foreign-exchange controls into a new market.

Senator Cynthia Lummis is racing two distinct crypto bills to an August recess deadline, warning that failure pushes the next viable legislative window to 2030. The CLARITY Act cleared Senate Banking 15-9 in May and is four steps from law, while the BITCOIN Act would direct Treasury to accumulate one million Bitcoin over five years, with a structural blueprint expected from Treasury in July.

The Digital Asset Market Clarity Act landed on the Senate Legislative Calendar in June 2026, setting up an eight-week sprint to a floor vote before the August recess. Two Democratic swing votes, Arizona's Ruben Gallego and Maryland's Angela Alsobrooks, hold the bill's fate as Republicans need at least seven Democrats to clear the 60-vote cloture threshold. Senator Lummis has warned that failure before August could push the next viable legislative window to 2030.

The Digital Asset Market Clarity Act landed on the Senate floor calendar on June 1 after a 15-9 committee vote, but four steps remain before it becomes law, including a 60-vote cloture threshold requiring seven Democratic senators who are conditioning support on an ethics provision Republicans have not committed to in writing. For DeFi protocols and token issuers that have spent years in legal limbo, the bill's SEC-CFTC decentralization test would be transformative, but Galaxy Research has alrea