Crypto News: CLARITY Act Nears Senate, Crypto Market Eyes Bull Shift
The post Crypto News: CLARITY Act Nears Senate, Crypto Market Eyes Bull Shift appeared on BitcoinEthereumNews.com.
Key Insights: According to the latest crypto news, policy pressure from US regulators is starting to ease. The CLARITY Act moving to Senate markup shows lawmakers are serious about clear crypto rules. David Sacks’ comments confirm bipartisan alignment is forming around crypto market structure. The crypto market remains weak today, with prices still under pressure. But crypto news from the US shows a slow change in direction. Lawmakers have moved the CLARITY Act closer to a Senate markup, while senior voices close to the administration are openly softening their stance on crypto. This does not fix the market today or trigger a bull market right away. But it changes how traders and institutions think about risk going forward. David Sacks is the White House AI and crypto advisor and a key policy voice in the Trump administration. In a recent update, he said the CLARITY Act is expected to move into the Senate markup stage in January. This is the phase where lawmakers review the bill line by line and propose final changes before a full Senate vote. Sacks added that Senate Banking Committee Chair Tim Scott and Agriculture Committee Chair John Boozman have confirmed this timeline. This matters for the crypto market because a Senate markup shows the bill is active and moving forward. Progress regarding the bill hasn’t slowed down. It suggests lawmakers are aligning on how crypto should be regulated, with fewer unknowns left. For traders and long-term investors, this lowers policy risk and makes the market easier to price, even if prices remain weak in the short term. More About the CLARITY Act The CLARITY Act is not about prices. It is about rules. Right now, crypto companies face confusion. One agency says a token is a security. Another says it is not. Firms do not…