The SMAK

#WhenWillCLARITYActPass The proposed legislation aims to create a clear regulatory framework for digital assets in the United States, defining when a token is considered a security and when it qualifies as a commodity. This matters because agencies like the Securities and Exchange Commission and the Commodity Futures Trading Commission have been battling over crypto oversight for years. The CLARITY Act is designed to reduce that confusion and give builders, investors, and exchanges a defined rulebook. Right now, the bill is still moving through committee discussions in Congress. Before it becomes law, it must pass the House, clear the Senate, and then be signed by the President. That process can take months — sometimes longer — especially in an election year when political priorities shift. Some lawmakers argue the U.S. is falling behind countries like the European Union, which already implemented MiCA regulations. Supporters believe passing the CLARITY Act could attract innovation, institutional capital, and long-term crypto investment back to American soil. Realistically, if momentum stays strong and bipartisan support continues, the bill could move forward within this legislative session. However, delays are always possible depending on political negotiations and amendments. For crypto markets, regulatory clarity could be a major bullish catalyst. Until then, uncertainty remains the biggest risk factor. The coming months will be critical — not just for U.S. crypto policy, but for the global digital asset landscape.