CLARITY Act On Track For April Passage, Senator Says

bitcoinistPublicado a 2026-02-20Actualizado a 2026-02-20

Resumen

Senator Bernie Moreno stated the CLARITY Act is on track for potential passage by April, generating significant market and political reactions. The key contentious issue is the bill's proposed ban on interest-bearing stablecoins, which places the SEC as the lead regulator. This has created a divide, with crypto firms like Coinbase opposing the ban and banks expressing concerns about competition for deposits. While the White House is pushing for a quick agreement, bipartisan support remains fragile. Prediction markets initially showed increased odds of passage but later pulled back as details were questioned. The final outcome will determine clearer regulatory rules for exchanges, banks, and stablecoin issuers.

US lawmakers and crypto leaders say a major bill could move fast. According to an on-site interview, Senator Bernie Moreno told reporters he hopes the US CLARITY Act will clear Congress by April.

The comment came during a recent gathering with members of the press, and it set off a flurry of reaction across markets and inside the halls of power.

Lawmakers And Industry At Odds Over Clarity Act

Reports note that the biggest fight left on the table is stablecoin yields. Coinbase CEO Brian Armstrong said industry talks are more hopeful now, but he had pulled his group’s backing earlier because the bill would ban interest-bearing stablecoins and put the SEC front and center as the lead regulator.

That tug-of-war matters. Banks worry that easy yield on crypto tokens could pull deposits and weaken their model. Crypto firms counter that such products are useful and in demand. Both sides also want clear rules so firms can plan ahead.

Policymakers Have Momentum

Based on reports, the White House reacted strongly when one major exchange stepped back from support. The executive office signaled surprise and urged quicker agreement.

Markets noticed. Prediction markets moved, with odds on passage swinging dramatically in response to the media interview.

Polymarket showed a sharp uptick in probability that the bill would pass — then a pullback once details were questioned.

Source: Polymarket

“Hopefully by April,” Moreno said during an interview at US President Donald Trump’s Mar-a-Lago resort in Florida on Wednesday.

BTCUSD currently trading at $66,621. Chart: TradingView

What Could Break The Deal

Trump has pushed a pro-crypto message, and that helps gathering momentum among allies in Congress. But partisan lines remain.

If members tie the bill too closely to a single political brand, bipartisan support could fray. Also, banks and regulators are not uniform: some large institutions want stricter rules; others prefer limited, clearer guardrails that let certain products exist under oversight.

Why Fast Passage Is Uncertain

Reports say industry players want clarity asap, while some regulators want broader authority. That difference explains the public sparring.

Negotiators can and do move quickly when leadership prioritizes a measure, yet complex financial bills often require many rounds of drafting and amendment. Even so, lawmakers and execs at industry meetings appear to be pushing hard for a resolution soon.

If the bill clears, it could bring clearer rules for exchanges, banks, and stablecoin issuers. For investors, clarity is usually good. For firms, the shape of the final text will determine whether new products live or die.

Featured image from Wallpapers.com, chart from TradingView

Preguntas relacionadas

QWhat is the expected timeline for the CLARITY Act to pass Congress according to Senator Bernie Moreno?

ASenator Bernie Moreno hopes the CLARITY Act will clear Congress by April.

QWhat is the main point of contention regarding the CLARITY Act between lawmakers and the crypto industry?

AThe biggest fight is over stablecoin yields, specifically the bill's provision to ban interest-bearing stablecoins and establish the SEC as the lead regulator.

QHow did the prediction market Polymarket react to the news about the CLARITY Act?

APolymarket showed a sharp uptick in the probability that the bill would pass, followed by a pullback once details were questioned.

QWhy is there uncertainty surrounding the fast passage of the CLARITY Act despite momentum?

AUncertainty exists because complex financial bills often require many rounds of drafting and amendment, and there are differences between industry wanting clarity and some regulators wanting broader authority.

QWhat potential consequence could arise if the bill is tied too closely to a single political brand?

ABipartisan support for the bill could fray if it is tied too closely to a single political brand.

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