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White House's David Sacks Pushes CLARITY Act Toward Final Approval

Key Takeaways

  • The CLARITY Act, defining crypto as securities or commodities, will reach the Senate in January 2026 for review and revision;
  • Backed by Senators Scott and Boozman, the bill seeks to clarify the roles of the SEC and CFTC in crypto regulation;
  • Passed by the House in July, the CLARITY Act nears final approval after delays from a shutdown, with support from President Trump.

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White House's David Sacks Pushes CLARITY Act Toward Final Approval

The White House's artificial intelligence (AI) and crypto czar, David Sacks, shared that the CLARITY Act, a bill aimed at bringing clarity to crypto regulation, will be considered in the Senate in January 2026.

In a post on X on December 18, Sacks noted that Senators Tim Scott, who leads the Senate Banking Committee, and John Boozman, head of the Agriculture Committee, confirmed that the legislation will be discussed and potentially revised during that month.

The CLARITY Act is designed to define which digital assets fall under securities or commodities regulation and to clarify the responsibilities of agencies like the Securities and Exchange Commission and the Commodity Futures Trading Commission.

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The legislation was previously passed by the House back in July. Its movement has slowed partly due to a lengthy government shutdown that lasted from October to November.

Still, regulators met with executives from crypto firms during that time to keep discussions ongoing.

David Sacks wrote on X:

We are closer than ever to passing the landmark crypto market structure legislation that President Trump has called for. We look forward to finishing the job in January!

Once the Senate completes the markup, the bill will return to the House if it includes changes, and then head to President Donald Trump's desk for approval.

Recently, the US Securities and Exchange Commission’s Trading and Markets Division explained how brokerage firms can hold tokenized stocks and bonds while complying with current investor protection rules. What did the agency say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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