The US CLARITY Act, a major piece of proposed legislation designed to establish clearer rules for the cryptocurrency industry, is gaining renewed attention following optimistic remarks from US Senator Bernie Moreno. Speaking during a televised interview at Mar a Lago, Moreno suggested the bill could advance through Congress “hopefully by April,” signaling growing confidence among supporters.
Market Structure Reform and Stablecoin Debate
The legislation seeks to define regulatory oversight for digital assets and clarify the roles of federal agencies. A key point of contention has been how interest bearing stablecoins should be treated under US law. Industry leaders have argued that limiting stablecoin rewards could stifle innovation, while banking groups have expressed concerns about potential disruptions to traditional deposit models.
Crypto exchange executive Brian Armstrong acknowledged previous disagreements over draft provisions but indicated that discussions between lawmakers, regulators, and industry representatives are moving toward compromise. According to Armstrong, negotiations are focused on balancing consumer protection, financial stability, and innovation.
Political Outlook and Market Reaction
On prediction platform Polymarket, the probability of the bill passing in 2026 briefly surged to 90% before settling lower, reflecting heightened but cautious optimism among traders.
Moreno dismissed concerns that upcoming midterm elections could derail progress, expressing confidence in continued congressional support. If enacted, the CLARITY Act would mark one of the most comprehensive federal efforts to establish a structured regulatory framework for the US digital asset market.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.