JPMorgan Sees US CLARITY Act Passing by Mid‑2026, Signaling Major Crypto Shift
JPMorgan analysts told clients they expect the CLARITY Act to clear Congress by mid-2026, marking what the bank describes as a major policy shift after years of uncertainty. The firm sees the bill as the most concrete pathway yet for defining how US law treats digital assets, potentially settling debates over securities classification, custody requirements, and oversight responsibilities.
If enacted, the CLARITY Act could unlock greater institutional flows, ease product approvals such as spot ETFs, and give exchanges and stablecoin issuers clearer compliance road maps — all of which would affect market structure and investor behavior. JPMorgan’s timeline is conditional on Congressional negotiations and amendments, but the bank’s view adds momentum to the idea that the US may finally establish durable crypto rules, a development market participants have long sought.