The post ‘On the Cusp of Law’: CLARITY Act Nears Final Approval, CFTC Chair Says appeared first on Coinpedia Fintech News
The U.S. crypto industry could soon see one of its most important regulatory bills become law. According to Michael Selig, Chair of the Commodity Futures Trading Commission, the Digital Asset Market Clarity Act is now “on the cusp” of final approval.
Speaking about the legislation, Selig said regulators are working to “future-proof our statutory framework for crypto”, adding that officials want to ensure long-term regulatory stability that cannot easily be reversed by future administrations.
The Clarity Act has already cleared several major hurdles:
Selig said the administration wants to move quickly, stating, “We’re going to get this thing across the line,” signaling confidence that the measure could soon become law.
Industry participants have long argued that the absence of clear rules has slowed institutional adoption in the United States. Clear legislation could provide consistent regulatory guidance for exchanges, token issuers, and digital-asset businesses, potentially unlocking broader participation from financial institutions.
Many analysts say crypto markets have been trading at what some call a “regulatory discount,” meaning uncertainty around future rules has weighed on investment flows. If the Clarity Act becomes law, market observers expect the regulatory outlook for digital assets in the U.S. to become significantly clearer, marking a major shift for the sector.
With negotiations now in their final phase, the coming months could determine whether the United States moves toward one of the most comprehensive crypto regulatory frameworks yet.


