CLARITY Act Heads for January Senate Markup as David Sacks Signals Breakthrough

The Digital Asset Market Clarity Act, or CLARITY Act, is moving toward a key Senate markup expected in January, according to White House artificial intelligence and crypto advisor David Sacks. The bipartisan bill, already passed by the House in July, aims to define which digital assets are securities or commodities and clarify the roles of U.S. regulators in overseeing crypto markets. Its progress follows earlier delays linked to a 43-day government shutdown and will require navigating a closely divided Senate before potentially reaching President Donald Trump for signature.