The U.S. Senate has scheduled a January 2026 markup for the CLARITY Act, a significant legislative effort aimed at defining regulatory oversight in the cryptocurrency market. The bill seeks to delineate responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). White House Crypto Czar David Sacks announced the date following discussions with Senate Banking Committee Chair Tim Scott and Agriculture Committee Chair John Boozman. The CLARITY Act is designed to reduce regulatory uncertainty, enhance consumer protections, and support the growth of digital asset firms. It has garnered support from major cryptocurrency companies and industry groups. The legislation also includes measures to counter the financing of terrorism, reflecting a comprehensive approach to crypto market regulation.