The <i>CLARITY Act</i> will be submitted to the Senate for debate in January, followed by a final vote by the entire body.

BlockBeats News, December 19th, White House Cryptocurrency and AI Director David Sacks stated that the "

" (Crypto Market Structure Act) will be submitted to the Senate next month for debate and amendments, followed by a full Senate vote. Senate Banking Committee Chair Tim Scott and Agriculture Committee Chair John Boozman have confirmed that the bipartisan draft of the " " will be considered by the Senate next month.

The "

" will define crypto securities and commodities, and clarify the roles of the Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and other financial regulatory agencies.