Following its recent approval by the Senate Banking Committee in a 15–9 vote, Trump is once more asking the Senate to adopt the CLARITY Act. Though the White House has linked the most recent effort to celebrate Senator Lindsey Graham, the main goal is still to get the bigger digital-asset market structure measure passed in the Senate.
By precisely defining how digital assets are monitored and dividing responsibility between the SEC and CFTC, the CLARITY Act seeks to bring regulatory clarity to the crypto sector. One of the main crypto policy objectives of this government is to lower risk for institutional players, token issuers, and exchanges.
Lowering regulatory and enforcement concerns would probably help major cryptocurrencies. The main short-term question is whether the whole Senate can get enough votes to move the measure forward.
