Crypto Market Awaits March 1 Decision on Clarity Act

The crypto market is bracing itself for a potential turning point on March 1, as the White House sets a deadline to resolve the stablecoin rewards dispute holding up the Clarity Act.

The Clarity Act, also known as the broader crypto market structure bill, aims to provide clearer rules for crypto in the US. The bill has been stalled due to disagreements over stablecoin rewards, with banks seeking limits on platforms offering yield on idle stablecoin balances.

Prediction markets currently indicate an 83% chance that the Clarity Act will be signed into law in 2026. Ripple CEO Brad Garlinghouse has also expressed confidence in the bill's passage, stating there is an 80-90% chance it will pass by April.