The CLARITY Act is a proposed U.S. law designed to create clear and fair rules for cryptocurrencies and digital assets. Right now, many crypto companies and investors face uncertainty because different government agencies apply different rules. This law aims to fix that by clearly defining which assets are treated as securities and which are treated as commodities, and by explaining which regulators are in charge.
The bill has already passed in the House of Representatives, which means many lawmakers agree that clearer crypto rules are needed. However, it still needs approval from the Senate before it can become law. In the Senate, committees are reviewing the bill, holding discussions, and trying to agree on final details. This process takes time, especially when there are disagreements about how strict the rules should be and how much control regulators should have.
Some lawmakers support stronger oversight to protect investors, while others want lighter rules to encourage innovation. These differences have slowed progress. As a result, there is no fixed date for when the CLARITY Act will pass.
If senators are able to reach a compromise and approve the bill, it could move forward in 2026. After that, the President would still need to sign it. Until then, the crypto industry will continue operating under uncertain and changing regulations.