Crypto market infrastructure legislation, known as the CLARITY Act, which has already been approved in the House, is expected to move to markup next month and head to the President’s desk to be signed into law early next year.
Senator Tim Scott, Chairman of the Senate Banking Committee, shared this information during an interview with Fox Business yesterday.
Scott said the bipartisan legislation will help keep the US “economically dominant.”
The draft legislation was recently revealed. The bill touches many aspects of markets in the US, including securities, commodities, and newer digital asset designations.
While the entire process is a heavy lift and will take a good amount of time after the bill becomes law, the legislation is expected to drive global regulations for digital assets as the world migrates to a more innovative financial ecosystem.
The Crypto Capital of the World.
While there are some in Congress that are determinedly anti-crypto, the tide has turned to support digital asset innovation. After four years of an anti-crypto administration, the stars are aligned as both Congress and the White House are on the same page in supporting the future of finance. The Trump administration and the various regulatory agencies will be known in the history books as a transformative time for markets and Fintech.
Our crypto market structure work is about empowering the American people – including single moms like the one who raised me.
We’re aiming to markup bipartisan legislation next month and get it to President Trump’s desk to keep America economically dominant for decades. pic.twitter.com/8vHxbgvwSZ
— Senator Tim Scott (@SenatorTimScott) November 18, 2025
