Gensler Urges Senate Action on CLARITY Act Amid Fading Odds

SEC Chair Gary Gensler has urged Senate action on the CLARITY Act, which aims to classify most blockchain-native tokens as digital commodities. The Digital Asset Market Clarity Act of 2025 has passed the House and advanced through the Senate Banking Committee but awaits a floor vote in the Senate.

The market for the CLARITY Act being signed into law by the end of 2026 currently shows a 35.5% probability of a YES outcome, a decline from 46% a week ago.

Market participants appear to interpret Gensler's statement as supportive of the CLARITY Act's prospects, though current market pricing reflects uncertainty.