‘We are closer than ever’: US crypto czar David Sacks says Clarity Act markup confirmed for January
The Block
White House crypto czar David Sacks confirmed the Clarity Act markup is set for January, signaling progress toward landmark crypto legislation.Summary
David Sacks, the White House AI and crypto czar, announced that the markup for the Digital Asset Market Clarity Act, a key piece of crypto market structure legislation, is confirmed for January. Sacks stated this progress brings them "closer than ever" to passing the bill, which President Trump has supported. The bill, which passed the House in July with bipartisan support, aims to establish a regulatory framework for digital assets by clarifying jurisdiction between the SEC and the CFTC. The upcoming Senate markup, involving the Banking and Agriculture committees led by Chairmen Tim Scott and John Boozman, will review and potentially amend the House version alongside elements from the Senate's ongoing discussion drafts.
(Source：The Block)