CFTC Chair Michael Selig Says CLARITY Act is Close to Becoming Law

TLDR

• CFTC Chair Michael Selig confirms that the CLARITY Act is close to becoming law.
• The U.S. House of Representatives passed the bill in July 2025 with a 294–134 vote.
• A related Senate bill advanced through the Senate Agriculture Committee in January 2026.
• Ongoing Senate negotiations are expected to bring the bill to the President soon.
• The CLARITY Act aims to provide regulatory clarity and stability for the U.S. crypto market.
• Industry leaders hope the bill will remove barriers to institutional adoption of crypto.

The U.S. crypto industry could soon see a pivotal regulatory bill become law. CFTC Chair Michael Selig recently stated that the Digital Asset Market Clarity Act (CLARITY Act) is “on the cusp” of becoming law. This new legislation aims to provide clarity and regulatory stability to the digital asset market, which has long struggled with unclear rules.

Bill Moves Through Final Stages

The CLARITY Act has already passed crucial milestones. In July 2025, the U.S. House of Representatives passed the bill by a vote of 294–134. The bill then advanced in January 2026, with a related version passing the Senate Agriculture Committee. Now, ongoing negotiations in the Senate are expected to bring the bill closer to reaching the President’s desk in the coming months.

Michael Selig, the CFTC Chair, expressed confidence in the bill’s eventual approval, stating that officials are committed to “getting this thing across the line.” Lawmakers have emphasized the importance of moving swiftly to ensure long-term regulatory stability for the growing crypto sector. The legislative process is now nearing its conclusion, and crypto industry participants are closely watching developments.

The CLARITY Act’s Impact on Crypto Market Regulation

Industry leaders have long advocated for clearer regulations surrounding digital assets. The uncertainty surrounding crypto rules has been seen as a major barrier to institutional adoption. Clear guidelines from the CLARITY Act could change this, providing businesses with a more predictable regulatory framework.

The bill’s approval would create a stable environment for token issuers, exchanges, and other digital asset businesses. If enacted, the CLARITY Act would help to unlock broader participation from financial institutions that have previously been hesitant due to regulatory uncertainty. Selig noted that the goal is to ensure long-term regulatory certainty, protecting the market from potential shifts in policy under future administrations.

With discussions in the Senate entering their final phase, industry observers expect the CLARITY Act to significantly change the regulatory landscape. Many analysts believe that the bill could lead to increased market confidence, with crypto markets trading at a lower “regulatory discount.” Investors and businesses are awaiting further developments, anticipating a clearer regulatory framework in the near future.

Final Steps in Senate Negotiations

As the Senate continues to debate the bill, its passage appears imminent. The crypto community and industry stakeholders are watching closely, hoping for swift approval. Once the CLARITY Act reaches the President, it will represent one of the most comprehensive regulatory frameworks for digital assets in the United States.

The current phase of Senate negotiations is seen as the final step before the bill reaches the President’s desk. Regulators are eager to provide the clarity and stability the market needs to move forward. If passed, the CLARITY Act will serve as a crucial piece of legislation for the U.S. crypto industry.

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