Donald Trump said he would sign the CLARITY Act immediately if it reaches his desk, signalling support for a comprehensive US crypto regulatory framework.
The Digital Asset Market Clarity Act of 2025 has already passed the House but remains stuck in the Senate Banking Committee due to disagreements over stablecoin rules and regulatory oversight.
The bill proposes dividing authority between the Commodity Futures Trading Commission and the Securities and Exchange Commission, while focusing oversight on intermediaries rather than decentralised protocols.
Stablecoin regulation has emerged as the most contentious issue, with critics warning the framework could restrict innovation while others argue it strengthens investor protection.
Despite Trump’s pledge, the legislation faces delays from political disagreements, shifting priorities, and ongoing debate among lawmakers and industry stakeholders.
With midterm elections approaching and uncertainty over Senate support, the timeline for passage remains unclear, leaving the US crypto industry without a definitive regulatory framework.