Although the bill passed with bipartisan support in the House, its future in the Senate is uncertain. Senators are still in the early stages of drafting their own version and are expected to propose significant revisions. Some Senate Democrats are pressing for the bill to explicitly address President Trump and his family’s cryptocurrency holdings.
This bill follows last year’s failed Senate attempt to advance a similar measure, known as FIT21, which also passed the House with broad Democratic support. The CLARITY Act is part of the House GOP’s broader “Crypto Week” legislative package, which includes two other major digital asset bills aimed at modernizing the regulatory landscape for blockchain and digital finance.
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