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CLARITY Act Could Pass by Mid-Year, Say JPMorgan, Ripple & Coinbase CEO

Published by
Rizwan Ansari and Sohrab Khawas

Crypto market could see bullish upside as the proposed U.S. crypto market structure bill, known as the CLARITY Act, moves closer to approval. Banking giant JPMorgan, Ripple CEO Brad Garlinghouse, and Coinbase CEO Brian Armstrong believe the bill may pass by mid-year, a move that could reduce uncertainty and attract strong institutional investment into crypto.

CLARITY Act May End “Regulation by Enforcement”

The CLARITY Act aims to create a clear legal framework for digital assets in the United States. Its main goal is to clearly divide authority between the SEC and the CFTC. 

If passed, the bill could bring more certainty to the industry and unlock large amounts of institutional money from pension funds and corporate treasuries that have stayed on the sidelines due to unclear rules.

The bill may also include a grandfather clause. This could allow tokens like XRP, Solana, Litecoin, Hedera, Dogecoin, and Chainlink to operate under lighter CFTC rules, easing regulatory pressure.

Many believe this could finally end “regulation by enforcement,” where companies face legal action without clear guidelines.

CLARITY Act Could Pass by April 2026

According to a recent JPMorgan report, the bill could pass by mid-year and become a strong driver for the crypto market in the second half of the year. Meanwhile, clear rules may help grow tokenization, enable more institutions to offer crypto custody, and accelerate the adoption of blockchain-based financial products.

Several industry leaders believe the bill has a strong chance of passing soon. Ripple CEO Brad Garlinghouse has said in an interview that there is an 80% to 90% probability that Congress could approve the legislation by April.

Similarly, Coinbase CEO Brian Armstrong and U.S. Senator Bernie Moreno both signaled that the Clarity Act will pass hopefully by April. 

How Bitcoin Price Will React, If the Bill Passes

Industry experts believe the passage of the CLARITY Act could remove long-standing regulatory uncertainty, which has kept many large investors on the sidelines.

Interestingly, billionaire investor Kevin O’Leary has said he expects the bill to pass. He believes clear crypto rules could push Bitcoin toward $200,000 over time.

Standard Chartered also has a very bullish view on this, predicting that Bitcoin could reach $150,000 by 2026, supported by rising ETF demand.

As of now, Bitcoin is trading near $66,580. The price has recovered nearly 3% after the recent drop caused by the U.S.–Israel strikes on Iran.

FAQs

What is the CLARITY Act in crypto?

The CLARITY Act is a proposed U.S. bill that defines SEC and CFTC roles, aiming to give digital assets a clear legal framework.

Why do investors care about ending “regulation by enforcement”?

Unclear enforcement creates legal risk. Defined rules help companies plan, reduce compliance fears, and expand operations.

Could altcoins like XRP and Solana benefit from the bill?

Yes. If classified under CFTC oversight, some tokens may face lighter regulation and reduced legal uncertainty.

When could the CLARITY Act be approved?

Industry leaders suggest mid-year approval is possible, which could act as a major second-half catalyst for crypto markets.

Rizwan Ansari and Sohrab Khawas

Rizwan is an experienced Crypto journalist with almost half a decade of experience covering everything related to the growing crypto industry — from price analysis to blockchain disruption. During this period, he’s authored more than 3,000 news articles for Coinpedia News.

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