The U.S. Supreme Court’s decision to dismiss Trump’s tariffs could have meaningful political repercussions and may affect the crypto industry. Tariff disputes that influence midterm dynamics could help Democrats gain ground in Congress and broaden their influence on crypto policy. In the near term, other legislative priorities may capture lawmakers’ attention and slow progress toward enacting the Digital Asset Market Clarity Act to regulate the crypto market structure.
Ohio Republican Senator Bernie Moreno is a vocal ally of Trump and a strong advocate for crypto. The push to pass the Digital Asset Market Clarity Act remains a top priority for the crypto sector, and Ripple cofounder Brad Garlinghouse has said the CLARITY Act could pass with roughly a 90% chance by April.
If Congress fails to move the Market Structure Act this summer, the industry’s policy momentum could depend on midterm outcomes. The tariff dispute and its fallout are expected to be a central issue in the elections, with potentially significant implications for the crypto sector.
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