The CLARITY Act, which aims to regulate the cryptocurrency market in the USA, has once again become the center of the political agenda. Democrats in the Senate have begun a new evaluation process behind closed doors for the long-delayed bill. The initiative, which aims to reduce uncertainty regarding cryptocurrencies, is closely watched by both industry representatives and investors. Expectations that the law could be signed by April 2026 have further accelerated the discussions.
Democrats’ Restarted Talks and Regulatory Stalemate
Democrats in the Senate held a comprehensive meeting last month to revive the work that was suspended when the commission process was postponed. According to journalist Eleanor Terrett, the main goal of the meeting was to review technical and political disagreements that had previously stalled progress. During the meetings, it was planned to clarify basic issues such as how and by which institution the bill would be audited.
At the heart of the CLARITY Act is the sharing of authority between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The conflict between institutions that has been going on for years has created a complex control structure in the cryptocurrency market. The draft law aims to clarify the legal framework of the market by determining which assets will be considered securities and which will be considered commodities.
Despite some articles passed by the commissions, disagreements continue on the scope of regulation, enforcement powers and compliance obligations. The Democrats’ failure to move forward without achieving internal consensus caused the bill to remain on the Senate agenda for a long time. The last meeting is considered as a critical threshold in terms of re-establishing the balance within the party.
White House Pressure, Political Calendar and 2026 Goal
The most important factor that accelerated the process was the time pressure from the White House. The administration requested that a common ground be established between industry representatives and lawmakers by the end of February. The high-level meeting held with banks and cryptocurrency companies in early February could not reach a consensus, especially on whether stablecoin issuers could offer interest or rewards.
The Senate Agriculture Committee’s advancement of a version of the bill has provided limited institutional support for the CLARITY Act. However, the vote took place along party lines, revealing that bipartisan support remained weak. This situation is seen as a serious political obstacle to the bill’s passage in the General Assembly.
Speaking at the Ondo Finance Summit, Crypto Council Executive Director Patrick Witt stated that President Donald Trump is ready to sign the bill by April 3, 2026 if it is passed by Congress. This optimism of sector representatives is evaluated together with the narrowing legislative calendar due to the upcoming midterm elections. Experts point out that spring may be the last opportunity for complex regulations.
