What happened
Trump said Thursday he intends to pass the Crypto Clarity Act immediately, according to a Crypto Briefing report timestamped 09:51 UTC. The statement marks the most direct presidential endorsement of the House-passed market-structure legislation since Trump returned to office. The CLARITY Act, formally the Digital Asset Market Clarity Act, cleared the House in 2025 with bipartisan support and has been parked in the Senate Banking Committee, where members have wrestled with how sharply to draw the line between SEC and CFTC jurisdiction over spot digital-asset markets.
Trump did not name specific senators or set a legislative timetable in the remarks, and the White House has not published a formal statement of administration policy tied to the push. Crypto Briefing framed the intervention as an escalation of pressure on Senate leadership to move the bill to a floor vote.
Why it matters
Market-structure legislation is the piece institutional allocators have been waiting on since the last cycle. The current US framework leaves spot tokens in a jurisdictional gray zone: the SEC treats most as unregistered securities, the CFTC claims commodities authority over BTC and ETH, and issuers navigate the gap through enforcement actions rather than rules. CLARITY would codify a functional test that pushes most non-security tokens to the CFTC once a network hits a decentralization threshold, and it would carve staking and airdrops out of securities treatment.