White House crypto czar David Sacks confirms that the 《Clarity Act》 will enter the Senate for review in January

2026-01-22 03:22:22

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The US cryptocurrency regulation reform enters a new phase. White House AI and crypto czar David Sacks recently confirmed to the industry that the highly anticipated Digital Asset Market Clarity Act has officially entered the Senate’s review schedule, marking another step closer to the final passage of this key legislation. The czar revealed on social platform X that he had productive discussions with Senate Banking Committee Chairman Tim Scott and Agriculture Committee Chairman John Boozman, and both sides confirmed that the bill will begin markup procedures in January.

Led by the Czar, a Bipartisan Supportive Regulatory Framework

David Sacks emphasized: “We have never been this close to passing a cryptocurrency market structure bill personally endorsed by President Trump.” This bipartisan legislation aims to establish clear regulations for digital assets long operating in regulatory gray areas, while delineating the regulatory responsibilities of the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The bill received strong bipartisan support in the House of Representatives in July 2025 and was smoothly passed. Now, the latest progress from the czar indicates that the Clarity Act has officially entered substantive review in the Senate.

Two Versions in the Senate, “Subsidiary Assets” Definition as a Key Dispute

Notably, the Senate has prepared another version of the cryptocurrency market structure bill, which is still in the “discussion draft” stage. This version also focuses on the division of authority between the SEC and CFTC but further introduces the concept of “Ancillary Assets” to clarify which cryptocurrencies should not be considered traditional securities. Market analysis generally expects that the committee review in January will be a critical moment to integrate the House version of the Clarity Act with the Senate draft, laying the foundation for a final unified version.

Led by the czar, the White House’s push for this regulatory reform reflects the U.S. government’s strategic emphasis on the development of the crypto industry and marks a turning point from previous ambiguous regulation toward institutionalized standards.

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