Senator Moreno expects the CLARITY Act to be passed as early as April

Senator Bernie Moreno said the crypto-focused CLARITY Act could pass Congress by April. His remarks came during an interview at the World Liberty Financial event, where Coinbase CEO Brian Armstrong was also present. According to Moreno, the key sticking points that had delayed progress – most notably the issue of yield-bearing stablecoins – have begun to move toward resolution.

Armstrong noted that Coinbase previously could not support the bill because of provisions banning interest-bearing stablecoins and positioning the SEC as the industry’s primary regulator. Now, he said, the parties are closer to a compromise that balances the interests of the industry, banks, and users. He emphasized that the goal remains to build transparent infrastructure aligned with the administration’s crypto agenda.

Market data shows that the odds of CLARITY Act passage on Polymarket briefly surged to 90% before correcting to 72%. The spike followed Moreno’s public statement reaffirming his commitment to advancing the bill and dismissing concerns that a potential shift in congressional control after the elections could derail progress.

Moreno said resistance stems from technical details that “should not be part of the equation,” including the mechanism for distributing rewards on stablecoins. He also said he does not consider a scenario in which Democrats regain control of Congress, arguing that public demand for reform remains on the Republicans’ side.

The administration has also expressed confidence. White House crypto and AI adviser David Sacks said the U.S. is “closer than ever” to passing a key digital-asset reform.

The CLARITY Act remains one of the most consequential proposals for U.S. crypto regulation. Its advancement signals an effort to build a unified framework for the market, reduce regulatory uncertainty, and strengthen the country’s position in the global competition for crypto capital.