The US crypto scene may be on the verge of a significant regulatory milestone.
The long-awaited US CLARITY Act, designed to provide more defined rules for the cryptocurrency market, could pass through Congress in just over a month, according to crypto-friendly Senator Bernie Moreno.
Speaking to CNBC at former President Donald Trump’s Mar-a-Lago property in Florida, Moreno expressed optimism, saying, “Hopefully by April.”
The senator and other industry leaders are pushing to resolve lingering disputes over stablecoins and crypto market structure.
Coinbase Steps Back Then Finds a Path Forward
Brian Armstrong, CEO of Coinbase, joined Moreno at the interview, highlighting discussions with representatives from crypto firms, banks, and Congress during the World Liberty Financial crypto forum.
Their goal: find common ground to clarify the regulatory landscape.
A key sticking point has been stablecoin rewards.
Banks have voiced concerns that offering interest on stablecoins could siphon deposits and undercut traditional financial institutions.
Armstrong had previously withdrawn his support for the bill because of provisions banning interest-bearing stablecoins and giving the US Securities and Exchange Commission (SEC) primary regulatory authority over the crypto industry.
However, Armstrong now sees a way forward.
“A win for the crypto industry, a win for the banks, and a win for the American consumer,” he said.
According to Armstrong, the proposed compromise aligns with former President Trump’s agenda to make the US a global crypto hub.
What Caused the Delay
Moreno acknowledged the roadblock: disagreements over stablecoin rewards.
“We got hung up on stablecoin rewards, which shouldn’t be part of this equation,” he said.
This sticking point temporarily stalled the bill’s momentum but appears to be resolving.
Crypto prediction platform Polymarket briefly pegged the CLARITY Act’s odds of passage in 2026 at 90% before settling at 72% at the time of reporting, reflecting renewed confidence but also ongoing uncertainty.
Political Landscape and Support
Some observers worried that a Democratic-led Congress could derail the legislation, but Moreno dismissed this notion.
“The House isn’t going to go Democrat, and neither is the Senate,” he said, pointing to public sentiment against open borders, high inflation, and excessive government control as reasons for continued Republican dominance.
White House crypto and AI czar David Sacks had already expressed strong confidence in December, stating the bill was closer than ever to passing and aimed for completion in early 2026.
Why the CLARITY Act Matters
The bill is seen as critical for providing regulatory certainty to a rapidly growing crypto market.
Stablecoins, exchanges, and institutional investors all need clear rules to operate without fear of sudden enforcement or regulatory ambiguity.
A passed CLARITY Act could streamline oversight, legitimize crypto offerings, and make the US a more competitive hub for blockchain innovation.
What’s Next?
If all goes according to plan:
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The CLARITY Act could pass Congress by April 2026.
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Stablecoin reward issues may be addressed with a compromise acceptable to banks and crypto firms.
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Coinbase and other major exchanges could re-engage fully with the bill’s provisions.
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Regulatory clarity may attract more institutional investment into the US crypto market.
The next month will be critical as lawmakers, crypto leaders, and banks finalize the text and secure the necessary votes.
For the crypto community, it’s a pivotal moment that could define US digital asset policy for years to come.
Summary
The US CLARITY Act, a bill aimed at providing clearer rules for the cryptocurrency market, may pass through Congress as early as April 2026, according to Senator Bernie Moreno.
Key hurdles, including stablecoin reward provisions and regulatory authority, have been under negotiation, with Coinbase CEO Brian Armstrong indicating a potential compromise.
The legislation seeks to balance the interests of the crypto industry, traditional banks, and American consumers, aligning with former President Donald Trump’s crypto agenda.
With support from crypto advocates and some institutional players, the bill could offer long-awaited regulatory clarity, streamline market operations, and strengthen the US’s position as a global hub for digital assets.
