At present, 2 February 2026, White Home crypto czar David Sacks is about to host banking and crypto commerce teams, together with Coinbase, to talk about the CLARITY Act or the Digital Asset Market Readability Act of 2025. In the meantime, the Securities and Change Fee (SEC) Chair, Paul Atkins, has been urgent Congress to move the CLARITY Act. The Invoice handed the Home of Representatives again in 2025, however has remained caught since.
In an unique chat with 99Bitcoins.com, David Duong, Head of International Analysis, Coinbase Institutional mentioned that he’s optimistic that the invoice will move in 2026! “I feel that we’ve already gotten stablecoin oversight. Market construction readability goes to emerge too,” Duong insisted.
“I feel that lots of people have type of conflated the concept of the market construction invoice and the opposition on it in direction of simply stablecoin rewards. And I feel that it’s a lot greater than that.”
“Prediction markets have gone from like 20% odds that the Crypto Marcket Construction Invoice will probably be move, to 40% to 60%. It’s positively monitoring the progress by way of folks. I feel lots of people had been very fearful that everybody’s left the desk, all the important thing gamers had been type of gone, and that wasn’t the case.”
Nobody has walked away from this. I feel there’s nonetheless bipartisan help for this.
“CoinDesk Writer Austin Campbell and I had been chatting about this and I keep in mind we went across the desk and everybody was like, does anybody assume that that is going to get handed in 2026? And everybody apart from me mentioned no. I used to be the lone one that mentioned I nonetheless assume that it’s doable and I don’t communicate for Coinbase on this. I communicate for myself in seeing that I feel the alternatives listed below are nonetheless round.”
SEC CHAIR PAUL ATKINS IS PRESSING CONGRESS TO PASS THE CLARITY ACT NOW.
“It’s actually essential for Congress at this second in time to step ahead and give you crypto laws.”
That’s not an off-the-cuff remark.That’s the pinnacle of the SEC admitting the present framework… pic.twitter.com/zfo7sumbLF
— Crypto Tice (@CryptoTice_) February 2, 2026
Discover: CLARITY Act Sparks Battle Over Stablecoin Yield and Your {Dollars}
“Sure, there are challenges!”
It grew to become extra of a Christmas tree type of invoice the place folks had been hanging completely different coverage initiatives on it. And I don’t assume that was what the trade itself wished.
Acknowledging the challenges in the way in which of the invoice, he mentioned, “There are six massive principal like points at stake right here however I feel that there’s additionally a whole lot of compromise that persons are beginning to supply right here.”
“I’m optimistic, sure. Lots of people conflate this with a crimson and blue difficulty. They assume that that is very partisan, that the Democrats assume a technique and the Republicans assume one other. Previously, I mentioned in case you take a look at it not as a partisan difficulty in case you take a look at Congress and the way it’s divided on pro-crypto versus like anti-crypto type of sentiment there’s 289 pro-crypto members of the Home of Representatives there’s 59 pro-crypto senators. However positively there’s about 4 impartial senators as properly. So, the way in which I see it’s there’s really a whole lot of help for this.”
Individuals need to have considerate regulation, which is an effective factor. Simply what’s occurred with this specific market construction invoice is that we strayed a little bit bit from the intent.
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“We Will Finally Get Market Construction Readability”
“I feel that clear regulatory frameworks are positively unlocking institutional participation. That’s going to proceed. We’re remodeling these compliance hurdles from a barrier into an enabler,” mentioned Duong. “So, we’ll ultimately get market construction readability. I’ve little doubt about that. That is one thing I stand very agency on. And once more, I communicate extra for myself than Coinbase.”
If we don’t get on this now, like we’re going to be falling behind. And I feel this administration is aware of it. I feel this Congress is aware of it.
“I feel that we’ve already gotten stablecoin oversight. Market construction readability goes to emerge too. And it is going to be a power perform for Wall Road to enter into crypto. And we’re seeing that. We noticed the headlines popping out of Morgan Stanley on the finish of final 12 months, for instance, saying that “our RAs/PMs are allowed to really enter crypto and suggest crypto.”
DISCOVER: Subsequent 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2026
Key Takeaways
Studies counsel the White Home assembly at present is particularly attempting to dealer a compromise on Part 404 to get the invoice shifting once more.
Importantly, the market needs the CLARITY Act to move as a result of it ends the regulation by enforcement period.
The publish 99Bitcoins Unique: “CLARITY Act Will Go” Coinbase Analysis Chief Bullish as Wall Road and Crypto Titans Descend on DC appeared first on 99Bitcoins.
