CLARITY Act Could Pass by April, Says Senator Moreno

A bill designed to establish a regulatory framework for the crypto industry, could pass Congress as early as April.

Crypto News

U.S. Senator Bernie Moreno stated in a CNBC interview on Wednesday that the CLARITY Act, a bill designed to establish a regulatory framework for the crypto industry, could pass Congress as early as April.

Moreno made the comments while appearing at the World Liberty Financial crypto forum at Mar-a-Lago in Florida alongside Coinbase CEO Brian Armstrong. The projection briefly pushed

odds on Polymarket to 90% before settling back to 72%.

Armstrong, who withdrew Coinbase's support for the bill in January, said he now sees "a path forward" toward a compromise that works for the crypto industry, banks, and American consumers.

His earlier opposition centered on two provisions: a ban on interest-bearing stablecoins and a clause that would have placed the U.S. Securities and Exchange Commission as the primary regulator of the crypto sector. Those elements created friction between Coinbase and the bill's proponents.

Moreno acknowledged that the stablecoin rewards issue caused the delay, describing it as something that "shouldn't be part of this equation." Armstrong echoed that position, saying the forum brought together representatives from