US Senator Bernie Moreno said the CLARITY Act could pass “hopefully by April,” as lawmakers and industry leaders push to finalise crypto market structure legislation.
Moreno made the comments during an interview at President Donald Trump’s Mar-a-Lago property, where he appeared alongside Coinbase chief executive Brian Armstrong at the World Liberty Financial crypto forum.
Armstrong said there is now “a path forward” after earlier withdrawing Coinbase’s support over provisions banning interest-bearing stablecoins and placing primary oversight with the US Securities and Exchange Commission.
“One of the big issues that did come up in the past was this idea of stablecoins on rewards,”
Armstrong said, noting that banks had raised concerns about yield-bearing stablecoins competing with traditional deposits.
Moreno acknowledged that negotiations were “getting hung up” on stablecoin rewards, arguing the issue “shouldn’t be part of this equation.”
Polymarket odds of the CLARITY Act passing in 2026 briefly jumped to 90% following Moreno’s remarks before settling at 72%, reflecting renewed but cautious optimism.
The bill remains central to broader US crypto policy debates as Congress works to define regulatory responsibilities, with supporters framing it as key to advancing President Trump’s pro-crypto agenda.