U.S. Digital Asset Market Clarity Act to undergo key review in January, crypto regulation framework may see a major breakthrough

Important progress has been made in the United States cryptocurrency regulatory legislation. David Sacks, the White House Director of Artificial Intelligence and Cryptocurrency Affairs, recently stated that the highly anticipated “Digital Asset Market Clarity Act” has been scheduled to enter the Senate for formal review in January next year. This statement is seen as an important signal for the United States to establish a clear regulatory framework for the cryptocurrency market.

Sacks revealed on social platform X that he has communicated with Senate Banking Committee Chairman Tim Scott and Senate Agriculture Committee Chairman John Boozman. Both key legislators confirmed that the bill will be submitted for committee review in January. Sacks emphasized that the milestone cryptocurrency legislation pushed by President Trump is now closer than ever to passing.

The “Digital Asset Market Clarity Act” is a bipartisan-supported bill aimed at establishing a clear and unified regulatory framework for digital assets, clarifying the boundaries of authority between the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) in crypto asset regulation. The bill was passed in the House of Representatives in July this year with broad support and is considered a key step toward shaping the U.S. crypto regulatory system.

According to the process, once the bill enters the Senate, it will be jointly reviewed by the Senate Banking Committee and the Senate Agriculture Committee. The review phase will include hearings, clause amendments, and committee votes. If approved smoothly, the bill will be submitted to the full Senate for a final vote.

Meanwhile, there is also internal discussion within the Senate on another draft of a crypto market structure bill, which similarly focuses on the regulatory division between the SEC and CFTC and introduces a new concept called “auxiliary assets” to define which cryptocurrencies are not subject to securities regulation. This draft is still in the discussion stage and has not yet been formally legislated.

Market participants generally believe that during the January review, the “Clarity Act” passed by the House and the relevant provisions of the Senate draft may be integrated into a more consensus-driven legislative text. If successfully advanced, this will provide long-missing regulatory certainty for the U.S. crypto industry, reduce compliance risks, and create a clearer policy environment for institutional capital entry.

As the review timetable becomes clearer, the formation of the U.S. crypto regulatory framework has entered a critical window, and the market is closely watching legislative progress and its profound impact on the digital asset industry.