🔥 President Trump: “I will sign the CLARITY Act as soon as it reaches my desk.” Senator Tim Scott: “We are making real progress.”

✨ A critical turning point has been reached for the CLARITY Act, the comprehensive regulation that the US cryptocurrency sector has been waiting for years. While President Donald Trump promised to sign the bill “immediately” once it reached his desk, Senate Banking Committee Chairman Tim Scott announced that “real progress” is being made in Congress. With the bipartisan agreement on stablecoin yields, the sector’s biggest obstacle has been removed.
🔹 What is the CLARITY Act?
✨ Officially known as the Digital Asset Market Clarity Act 2025 (H.R. 3633), it was introduced by the House Financial Services and Agriculture Committees in June 2025. ✨ The law clarifies the division of authority between the SEC and the CFTC, specifying which digital assets are considered securities and which are considered commodities. ✨ Major cryptocurrencies that already have spot ETFs, such as Bitcoin, Ethereum, XRP, and Solana, will be recognized as digital commodities under the law.
🔹 Trump’s Historic Commitment
✨ President Trump addressed the largest holders of TRUMP tokens at a private event held at Mar-a-Lago on April 25.
✨ In his speech, Trump emphasized that he would not allow banks to obstruct the law and stated he would “sign immediately” if it passes Congress.
✨ Trump also declared that cryptocurrencies have “gone mainstream” and that the CLARITY Act is vital to keeping the sector in the US.
🔹 Tim Scott: “We’re at the red line”
✨ Senate Banking Committee Chairman Tim Scott (R-S.C.) confirmed in a statement that they are approaching a critical threshold in cryptocurrency market structure legislation, saying, “We are making real progress.” ✨ Scott told Fox Business they plan to hold a committee hearing (markup) in May and bring the bill to the Senate floor in June or July. ✨ These statements were interpreted by markets as a strong signal that the biggest obstacle to the bill has been overcome.
🔹 Commitment to Stablecoins: The Unlock Agreement
✨ Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) released a commitment text on stablecoin yields in early May. ✨ The new provision prohibits cryptocurrency companies from paying interest or yields to users solely for holding stablecoins. Instead, reward programs based on “real activity,” such as spending or trading, are permitted. ✨ This balance allows crypto platforms to continue offering rewards to users while addressing banks’ concerns about deposit runs.
🔹 Industry Full Support
✨ Coinbase CEO Brian Armstrong immediately called for a “Mark for Review” vote on social media after the agreement was announced.
✨ Circle’s Strategy Director Dante Disparte described the deal as “significant progress in CLARITY law negotiations.”
✨ Blockchain Association CEO Summer Mersinger stated: “Every day without clear legal structure is an invitation for top talent, capital, and innovative companies to go elsewhere.”
✨ Over 120 companies sent a joint letter to the Senate Banking Committee demanding an immediate committee vote.
🔹 Markets Respond with Gains
✨ Progress on the CLARITY Act led to a strong appreciation in cryptocurrency markets. Bitcoin surpassed $80,000 on May 4, reaching its highest level since January. ✨ Stablecoin issuer Circle (CRCL) gained 18%, while cryptocurrency exchange Coinbase (COIN) rose 7%.
✨ On the prediction platform Polymarket, the probability of the CLARITY Act becoming law in 2026 rose above 64%, reaching its highest level in recent weeks.
🔹 May: “Now or Never”
✨ Senator Bernie Moreno (R-Ohio) warned that the bill must pass by May, otherwise the chances of approval after the November midterms are very low. ✨ Senator Cynthia Lummis emphasized that the current alignment between the House, Senate, and White House is a “rare opportunity in Washington” and may not be available again until 2030.
🔹 Impact of the CLARITY Act on the Sector
✨ If passed, institutional capital entering the cryptocurrency markets, which has been on the sidelines for years due to regulatory uncertainty, will accelerate. ✨ US crypto exchanges may be more bold in listing tokens, and DeFi protocols won’t need to block US users. ✨ The use of stablecoins will become legal, leading to a boom in cross-border payments and commerce. ✨ Banks may offer cryptocurrency custody services, and new institutional products beyond spot ETFs could be launched.
💫 Wise Saying: “Uncertainty is a foggy sea; the compass comes with the law. Whoever finds their compass first, reaches the port first.”
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