The tweet was deleted by the author.
But we saved everything 🙂.
U.S. Senate Majority Leader John Thune said the CLARITY Act, a bill designed to establish rules for regulating the cryptocurrency market, is unlikely to clear the Senate Banking Committee before April. According to Thune, lawmakers need additional time to reconcile key provisions of the legislation.
The update was shared by journalist Eleanor Terrett on the social media platform X.
The CLARITY Act aims to create a comprehensive regulatory framework for digital assets in the United States and clearly define the authority of regulators overseeing the crypto market. The House of Representatives has already advanced the bill, but discussions in the Senate are still ongoing.
Banks argue that such products could draw deposits away from the traditional financial system if they are not subject to similar regulatory requirements. At the same time, officials within the U.S. administration believe that regulated stablecoins could actually attract new global capital into the U.S. financial system, rather than weaken the banking sector.
Despite the uncertain timeline, analysts say the passage of the CLARITY Act could become one of the key drivers for the crypto industry in 2026. Experts at JPMorgan note that clearer regulatory rules could stimulate institutional investment and expand the participation of traditional financial institutions in the crypto sector.
Earlier, President Donald Trump also supported the adoption of the CLARITY Act, describing it as the next step after the passage of the GENIUS Act, which marked an initial move toward establishing a comprehensive U.S. digital asset policy.
For several years, the lack of clear regulatory rules has created significant legal uncertainty for crypto companies and investors. If adopted, the CLARITY Act could provide clearer guidelines for the industry and potentially open the door for greater participation from banks, investment funds, and publicly traded companies in the crypto ecosystem.
Earlier reports suggested that the CLARITY Act could have been considered by the Senate at the end of March.