U.S. Senator Says CLARITY Act Could Pass by April, Coinbase Confirms Regulatory Progress

Regulatory Momentum Picks Up

U.S. Senator Bernie Moreno recently told CNBC that the crypto-focused CLARITY Act could reach a congressional vote by April. He emphasized that a clear pathway for the bill's progress has emerged, with stakeholders actively working to reconcile differences.

Coinbase Confirms Breakthrough in Regulatory Talks

Brian Armstrong, CEO of Coinbase, noted in the same interview that while disagreements over stablecoin interest provisions and regulatory authority previously stalled progress, all sides are now moving toward a 'win-win' solution. The issue of stablecoin yields is widely seen as one of the main hurdles in pushing the bill forward.

Midterm Elections Unlikely to Hinder Progress

Moreno also stated that the upcoming midterm elections in Congress would not significantly impact the legislative timeline. Earlier, White House officials had expressed optimism about advancing the bill early this year, reflecting bipartisan interest in establishing a clear regulatory framework for crypto assets.