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CLARITY Act in the Senate: Trump insists on a “future without bans” for crypto
Donald Trump said the CLARITY Act would help “protect the future” of the cryptocurrency market from possible restrictions by future administrations. The US president wrote this on his social media platform Truth Social — the second time in a week that he has addressed the issue of digital asset regulation.
According to Trump, the proposed digital asset market structure bill would prevent “crypto haters” in future governments from rolling back the current regulatory framework. The bill in question is the Digital Asset Market Clarity Act (CLARITY), which is currently being considered in the US Senate.
A long road through Congress
Since being passed by the House of Representatives in July 2025, the CLARITY Act has stalled in the Senate. There are several reasons for this: the US government shutdown, opposition from representatives of the cryptocurrency and banking industries, and questions about conflicts of interest — including those linked to Trump’s own family. The president and his sons are affiliated with memecoin projects, the World Liberty Financial platform, its USD1 stablecoin, and a Bitcoin mining company.
The Senate Agriculture and Banking Committees already advanced the bill through the relevant procedures in January and May. However, serious obstacles remain before a full vote in the upper chamber. Republicans hold a narrow majority in the Senate and need support from Democrats, some of whom are prepared to vote in favor only if ethics provisions are included in the legislation.
The president’s remarks echo the position of his appointed chair of the Securities and Exchange Commission (SEC), Paul Atkins. Back in October, he said the agency intended to build policy with long-term durability in mind, including in relation to cryptocurrencies. DeFi Technologies president Andrew Forson noted at the time that it would be difficult for a future SEC chair to completely undo already adopted rules, although making them overly burdensome for regulators would still be possible.
Trump and prediction markets
In the same Truth Social post, Trump supported the position of his appointed chair of the Commodity Futures Trading Commission (CFTC), Michael Selig, regarding the regulator’s “exclusive jurisdiction” over prediction markets such as Kalshi and Polymarket. The president’s son, Donald Trump Jr., is an adviser to both platforms.
Several US states have filed lawsuits against prediction markets, claiming that they accept bets on sporting events without the proper license. The CFTC, in turn, has filed countersuits.
The CLARITY Act continues to move through the legislative maze: key committees have approved it, but a full Senate vote remains uncertain because of disagreements over ethics provisions. The outcome will largely depend on whether Republicans can reach an agreement with Democrats on this issue.
AI Opinion
Amid the debate around the CLARITY Act, one technical detail is particularly notable, although it remains in the shadow of political statements: on May 14, 2026, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) published a joint 68-page document that explicitly classified 18 crypto assets as digital commodities — including Bitcoin, Ethereum, Solana, XRP, and Litecoin. In other words, regulatory work is already taking place in parallel with the legislative process, and even if the CLARITY Act is delayed, the market is not left in complete uncertainty.
See also: "American Financial Giant DTCC Partners with an Unexpected Altcoin"
