Crypto Clarity Act: Could It Pass by April 2026?

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U.S. Senate Democrats are dragging themselves back to the crypto regulation party, trying to get the band back together after the markup bailed last month. This closed-door meeting feels like a group therapy session where everyone nods gravely and pretends the big disagreements can be cuddled into a consensus over coffee that’s probably seen better days.

According to journalist Eleanor Terrett, Democratic lawmakers will use the meeting to review unresolved issues that previously stalled the bill. Think of it as a game of regulatory Tetris: fit the pieces together before the whole thing collapses into a rug of buzzwords and paper trails.

SCOOPLET: Senate Democrats are planning to reconvene tomorrow for a closed-door meeting on crypto market structure, according to two sources familiar with the plans. It will be the first Dem member-level meeting since the @BankingGOP postponed its markup last month.

– Eleanor Terrett (@EleanorTerrett) February 3, 2026

CLARITY Act Back in Focus

The CLARITY Act is the star of the show, promising a tidy framework for digital assets in the U.S. A big plot twist is deciding who actually calls the shots-the Securities and Exchange Commission (SEC) or the Commodity Futures Trading Commission (CFTC)-because nothing says drama like two regulators arguing over a mortgage-sized rulebook.

Some parts of the bill have cleared committees, but debates over regulatory scope, enforcement authority, and compliance rules keep slowing progress. The renewed talks are pitched as the necessary squaring of two circles, or at least trying not to smudge the edges too badly.

White House Push Speeds Up Talks – But Deadlock Remains

Momentum has picked up after White House pressure to settle disputes by the end of February. Yet a high-level White House meeting with banks and crypto leaders on February 3 failed to resolve core disagreements, especially over whether stablecoin issuers can offer interest or rewards. It’s like everyone wants a final scene, but the script keeps getting rewritten in crayon.

Senate Committee Advances Bill, Partisan Divisions Persist

The Senate Agriculture Committee advanced a version of the crypto bill, giving it some legislative traction. However, the vote was along party lines, a reminder that bipartisan support is more mythical than a unicorn wearing cufflinks.

At the Ondo Finance Summit, Patrick Witt, Executive Director of the Crypto Council, said he believes President Trump is preparing to sign the CLARITY Act into law by April 3, 2026, if the bill clears Congress soon. The optimism is loud, even if the path there is basically a hedge maze with a tight deadline and questionable lighting.

Limited Time Before Elections

The political calendar adds urgency. As midterm elections loom, experts warn the window for passing complex legislation will shrink. Lawmakers often slow down after midyear, which makes spring a hot-zone for progress-and for coffee-fueled negotiations that may or may not survive the next briefing.

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2026-02-04 13:18