U.S. Senator Bernie Moreno announced that the CLARITY Act, designed to enhance transparency in the U.S. crypto industry, is anticipated to pass Congress before April. Speaking at the World Liberty Financial Crypto Forum in Florida, Moreno highlighted the bill's importance in addressing market structure issues alongside Coinbase CEO Brian Armstrong. Armstrong, who initially opposed the bill due to its stance on stablecoins, now sees a potential compromise.
The CLARITY Act's progress has been delayed by debates over stablecoin rewards, but optimism remains high. Polymarket data indicates a 72% probability of the bill passing before 2026, down from a previous 90%. David Sacks, the White House's director of cryptography and AI, had earlier projected the bill's passage early this year.
US Senator Bernie Moreno Predicts CLARITY Act Passage by April
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