Clarity Act
JPMorgan analysts expect the CLARITY Act to be approved by mid-2026, a development that could finally deliver long-awaited regulatory clarity for US crypto markets. The move may accelerate institutional participation and reshape rules around custody, tokens, and exchanges.
Coinbase CEO Brian Armstrong told reporters he now puts the odds of the CLARITY Act passing at about 90% after negotiations showed significant progress, and prediction markets have shifted higher in response. The move signals growing confidence that U.S. lawmakers may settle on clearer rules for digital assets.
Ripple CEO Brad Garlinghouse said the CLARITY Act is very close to being finalized after fresh talks between banks and crypto firms, and he sees April as the most likely month for passage.
The Senate Agriculture Committee advanced its portion of the CLARITY Act during markup on Jan. 29, moving the crypto bill forward despite a lack of bipartisan support as Republicans used their majority to pass it. The outcome marks a regulatory milestone but highlights mounting partisan divisions over crypto policy.
Anthony Scaramucci warned that the CLARITY Act’s proposed ban on earning yield from stablecoins could weaken the U.S. dollar’s competitiveness versus China’s digital yuan, by pushing liquidity and innovation offshore.
Coinbase's CEO said tokenized stocks are 'inevitable' despite uncertainty around the CLARITY Act, signaling continued product focus and investor interest. Meanwhile BNB Chain has overtaken Solana as the leading platform for tokenized stocks.
Coinbase’s pushback against the CLARITY Act coincided with a Senate delay on the bill and a sharp sell-off in crypto-related equities, with Circle, Robinhood and Coinbase each sliding over 6%. The episode highlights renewed market sensitivity to regulatory outcomes.
Michael Saylor’s firm, renamed Saylor Strategy, purchased 13,627 BTC in its latest weekly buy as it closes in on 700,000 BTC total holdings. The move comes just ahead of this week’s CLARITY Act markup, a regulatory event that could shape institutional demand.
The CLARITY Act, approved by key House committees in 2025, aims to establish a clear regulatory framework for the crypto market by defining asset classifications and disclosure requirements. This legislation promises to bring clarity to the confusing landscape of crypto regulations and facilitate innovation.
Republican senators, including Cynthia Lummis, have introduced ‘Crypto Market Structure Principles’ as a foundation for the Senate’s CLARITY Act. These principles aim to clearly distinguish digital asset securities from commodities, provide focused regulatory authority, foster innovation, guide financial institutions, and protect customers. While the timeline for the Senate’s market structure bill remains uncertain, active discussions continue in both chambers of Congress.