US Senator Bernie Moreno: The Clarity Act is expected to pass before April.

PANews reported on February 19 that, according to Cointelegraph, U.S. Senator Bernie Moreno stated in an interview with CNBC that the CLARITY Act, aimed at providing transparency to the U.S. crypto industry, is expected to pass Congress before April.

Bernie Moreno attended the World Liberty Financial Crypto Forum at Trump's Mar-a-Lago estate in Florida on Wednesday. Coinbase CEO Brian Armstrong co-hosted the interview, stating that the crypto industry, the banking sector, and US congressional representatives are seeking solutions regarding market structure. Armstrong had previously withdrawn his support for the draft bill, which banned interest-bearing stablecoins and designated the Securities and Exchange Commission as the primary regulatory body, but he now says he sees a win-win path forward.

Bernie Moreno admitted that the bill's delay stemmed from the controversy surrounding stablecoin rewards. Furthermore, Polymarket data shows that the probability of the CLARITY bill passing before 2026 once rose to 90%, but has now fallen back to 72%. David Sacks, the White House's director of cryptography and AI, had previously stated that the bill was expected to pass early this year.