David Sacks Confirms Clarity Act Markup for January 2026
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David Sacks confirms Senate Banking Committee markup for the Clarity Act in January 2026. The bill defines SEC vs. CFTC jurisdiction, building on the stablecoin-focused GENIUS Act. Former Acting CFTC Chair Caroline Pham prepared the ground with a pilot for BTC and ETH collateral. White House AI and Crypto Czar David Sacks has effectively called the bottom of the regulatory winter, confirming that the Senate Banking Committee will hold a markup for the Digital Asset Market Clarity Act (CLARITY Act of 2025) in January 2026. The announcement offers a lifeline to a crypto market currently mired in despair, signaling that the structural overhaul of U.S. crypto laws is back on track. Let us note, a markup is the step where the committee debates, amends and votes on a bill before sending it to the full Senate floor; a hurdle that has previously stalled lesser bills. Related: US Senate Pushes Crypto Market Structure Bill to 2026 as BTC Slides Again White House Urges Senate to Pass Clarity Act in January 2026 According to Sacks, the Clarity Act is almost passing the Senate to fulfill the promises of President Donald Trump. “We look forward to finishing the job in January!” Sacks noted. Having passed the House through a bipartisan efforts, similar efforts are needed in the Senate in the coming weeks. Moreover, bipartisan Senate support is needed to clear the 60-vote threshold, and no single party has this manpower. “I appreciate the White House’s commitment to moving market structure legislation that builds on the bipartisan work that my Senate colleagues and I have accomplished at the Senate Banking Committee,” Scott replied to Sacks on X. What to Expect: Commodity vs Securities Assets Once adopted as law, the Clarity Act will clearly define the roles for the Securities and Exchange Commission (SEC) and…
