Trump Pledges Support for CLARITY Act to Regulate Digital Assets
President Donald Trump has called on Congress to pass the CLARITY Act, which would establish a clear regulatory framework for digital assets in the United States. The bill, known formally as the Digital Asset Market Clarity Act of 2025, has already passed the House but is currently stalled in the Senate.
The President's endorsement could be a pivotal moment for the legislation, potentially influencing its progress and market perception. The CLARITY Act proposes to assign the Commodity Futures Trading Commission (CFTC) a central role in overseeing digital commodities, a move seen as pivotal for the regulatory landscape of cryptocurrencies.
Markets have reacted to the President's call, with pricing on the likelihood of the CLARITY Act being signed into law in 2026 rising to 25% from a previous 20% over the past week. This increase reflects a growing optimism that the legislative process may advance following the President's intervention.