The U.S. Senate advances the CLARITY Act on January 15, potentially rewriting the digital asset regulatory landscape

【Crypto World】The U.S. Senate Banking Committee is scheduled to discuss the CLARITY Act on January 15th, and this bill is expected to be revised. Essentially, it is drawing a boundary between the SEC and CFTC—clarifying their respective responsibilities in digital asset regulation.

On the surface, many believe this is beneficial for institutional investors to enter the digital asset ecosystem. But the reality is more complex. The provisions in the bill that restrict stablecoin reward mechanisms and strengthen developer responsibilities have become the focal points of controversy. A major exchange platform even issued a stern warning: if these restrictions are included in the final version, they will withdraw their support for the bill.

Interestingly, the prediction market has already given an answer—traders generally favor the bill passing this year, with an estimated probability of about 80%. What does this indicate? The market is already preparing for the establishment of subsequent regulatory frameworks. Regardless of the outcome, the direction of this bill is a key signal for the entire industry.