U.S. Senate Banking Committee to Review Crypto Bill ‘CLARITY Act’

The U.S. Senate Banking Committee plans to review the “CLARITY Act” on January 15, potentially affecting Bitcoin’s regulatory status in the U.S.

The Act’s outcome could redefine Bitcoin’s classification, impacting investor strategies amid Bitcoin’s stable prices and limited CEX inflows.

Senate’s CLARITY Act Review Could Redefine Bitcoin Regulation

Sen. Cynthia Lummis and Rep. French Hill are prominent voices behind the “CLARITY Act”, which aims to clarify SEC and CFTC jurisdictions over digital commodities. The Senate Banking Committee, alongside the Senate Agriculture Committee Chair Boozman, is postponing the review to late January due to bipartisan concerns over stablecoin regulations.

The legislation aims to redefine Bitcoin and Ethereum under CFTC oversight as digital commodities. It also outlines rules concerning staking services and digital commodity transactions. Investors show reserve by maintaining extensive holding periods, signaling anticipation of regulatory clarity rather than a short-term sell-off.

Brian Armstrong, Coinbase’s CEO, criticized opposition in the bill’s platform rewards section. He stated, “We won’t let anyone reopen GENIUS. Red line issue for us.” This indicates potential conflicts between crypto industry leaders and regulatory changes.

Bitcoin Nears $92,000 as Regulatory Details Emerge

Did you know? Senate reviews like the “CLARITY Act” can echo previous regulatory integrations, suggesting historical parallels to the GENIUS Act of 2025, which resolved jurisdiction issues, signaling how regulatory changes can shape digital asset classifications.

CoinMarketCap reports Bitcoin trading at $91,913.39, with a market cap of 1.84 trillion and dominance at 58.56%. Recent figures show a 24-hour change of 1.29%. Supply data suggest proximity to the maximum supply mark of 21 million Bitcoins.

Coincu research insights suggest a bipartisan approach in the “CLARITY Act” could redefine digital commodities’ roles, integrating them as regulated financial assets. On-chain indicators show a reduction in speculative trading, highlighting institutional interest as regulatory clarity strengthens.