The US Senate is moving closer to approving the Digital Asset Market Clarity Act, known as CLARITY, with the Banking Committee scheduled to hold hearings on January 15, signaling momentum toward a comprehensive regulatory framework for virtual assets. The bill aims to address gaps left by the GENIUS act and to establish a more comprehensive regulatory framework for digital assets, including rules on stablecoins, token classifications, and anti-money-laundering provisions.
Industry observers expect the legislation to advance quickly if committee votes go smoothly, potentially sending it to the full Senate for a vote and then to the House for concurrence. The bill’s enactment could remove regulatory uncertainty and spur renewed interest in major assets like Ethereum and Solana, according to Bitwise, while Kalshi shows a 42% likelihood of passage before April and 69% by May.
Analysts highlighted a fastest-track scenario of about 45 days, with Rob Cunningham noting that if leadership treats the bill as a fast-track item and the House version aligns with minimal changes, the process could wrap up within roughly six weeks. Under this rapid timeline, weeks 1–2 would see approvals by the Senate Banking and Agriculture Committees and swift floor action; week 3 would involve House amendments and passage; week 4 would culminate in presidential signature and enactment.
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