The Digital Asset Market CLARITY Act gains bipartisan support as Coinbase and U.S. lawmakers push for clear crypto rules by year-end.
The Digital Asset Market Clarity Act is shaping up to be one of the most important developments for U.S. crypto regulation this year.
Coinbase CEO Brian Armstrong has been vocal in Washington and is urging lawmakers to advance the bill.
He believes bipartisan support makes passage likely before the end of the year.
If enacted, it would create a framework for crypto, while giving both investors and businesses more certainty.
Digital Asset Market CLARITY Act Gains Momentum
Armstrong described the bill as “a freight train leaving the station” during meetings with lawmakers.
He argued that the act would prevent the patchwork of enforcement actions that have frustrated the crypto industry. Instead, it would give companies rules they can build around, without fear of unexpected crackdowns.
I was in DC the last few days working to get MARKET STRUCTURE legislation passed for crypto. This is how we ensure the crypto industry can be built here in America, driving innovation and protecting consumers, and making sure we never have another Gary Gensler trying to take your… pic.twitter.com/UqCH8jCNU8
— Brian Armstrong (@brian_armstrong) September 18, 2025
Senator Cynthia Lummis echoed that optimism.
She predicted the bill could reach President Donald Trump’s desk for signing before year-end. Industry leaders from Ripple, Kraken, Circle and venture firms like a16z and Paradigm have also backed the initiative.
This wave of support shows that crypto companies see regulatory clarity as important for growth.
What the CLARITY Act Would Do
The Digital Asset Market Clarity Act aims to split responsibilities between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).
🚨NEW: Chairman @RepFrenchHill on the importance of enacting the CLARITY Act: “The United States can’t be competitive and lead in fintech if we don’t have this digital asset market framework.”
Watch more @SquawkCNBC 📺⬇️ pic.twitter.com/m0XTc2rdTy
— Financial Services GOP (@FinancialCmte) September 17, 2025
The SEC would continue to oversee digital assets that work as securities, while the CFTC would cover commodities and many tokenised assets. This division is designed to reduce confusion and regulatory overlap.
The bill would also address tokenised stocks and other assets that do not fit neatly under current rules.
Stablecoins at the Centre of Debate
Stablecoins continue to be one of the most discussed areas of crypto regulation. Armstrong stressed that Congress is unlikely to approve measures that would ban interest on stablecoin holdings.
That idea surfaced in earlier drafts of the GENIUS Act but failed to gain traction.
The GENIUS Act, which was passed in July, now requires issuers to hold full reserves and comply with strict standards. Supporters believe that this framework will make stablecoins safer and easier to integrate into mainstream finance.
Lawmakers also see stablecoins as important for fast and secure payments, especially in cross-border transactions.
Strategic Bitcoin Reserve Discussions
While the Digital Asset Market Clarity Act moves forward, lawmakers are also considering a Strategic Bitcoin Reserve.
This plan calls for the U.S. to accumulate one million Bitcoin over five years. Advocates, including MicroStrategy chairman Michael Saylor, have suggested using gold certificates and tariff revenue to fund purchases, without adding to the federal deficit.
Such a reserve would represent a major change, treating Bitcoin as a strategic asset on par with gold.
Lawmakers have held meetings with Bitcoin advocates to look into how this might work in practice.
Related Legislation and The General Push
The Clarity Act is not the only bill under discussion. The CLARITY Act, already passed by the House, creates a new category called “tradable assets.”
It expands CFTC jurisdiction and provides exemptions for non-custodial blockchain developers. It also requires greater disclosure from broker-dealers in the event of insolvency.
Together with the GENIUS Act, these moves show an effort to build a structured regulatory framework. Supporters say that the U.S. must act now to compete with jurisdictions like the European Union and Singapore, which have already advanced digital asset laws.