The crypto industry has spent years demanding clear rules from Washington. It may be closer to the answer. Analysts at JPMorgan are now predicting that the Clarity Act – a sweeping bill designed to establish formal rules governing the regulation of digital assets in the US – will be signed into law by the middle of this year.
If this schedule holds, it could be one of the biggest changes in crypto policy in the US.
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What does clarity of reality do?
In fact, this is a structural bill. The reality is that there is currently no unified structure or framework when it comes to classifying or trading crypto in the US.
Different bodies have taken different positions on this issue, leaving entrepreneurs wondering what is allowed or not.
The Clarity Act aims to do that by establishing a clear set of rules that apply globally – covering everything from how tokens are categorized to which regulatory bodies have jurisdiction over them.
A report by JPMorgan Chase says that the US CLARITY Act could be passed by mid-year and serve as a catalyst for the second half, creating regulatory clarity, ending “regulation by enforcement”, increasing tokenization and supporting institutional adoption. Key discussions include stablecoin derivatives…
– Wu Blockchain (@WuBlockchain) March 2, 2026
According to a group of JPMorgan analysts led by managing director Nicholas Panigirtzoglou, the approval of the bill could act as a meaningful turning point for the broader crypto market.
Reports say the bank believes the legislation could help prices rise in the second half of 2026, even if sentiment in crypto markets remains negative for now.
The bank’s view is that regulatory certainty, once achieved, will tend to attract institutional money that has been sitting on the sidelines.
But the bill does not exist yet. Two unresolved disputes prevent it from moving forward. The first includes stablecoins – digital currencies that are linked to traditional assets, such as the US dollar. Crypto companies want stablecoin holders to be able to earn rewards on their holdings, such as interest.
Banks are strongly pushing back, saying the proposal would take customers’ deposit returns away from traditional financial institutions and disrupt the wider banking system.
The political struggle slows down the situation
The second obstacle is of a slightly political nature, as Democratic lawmakers were in favor of inserting a clause into the bill that would prohibit high-ranking government officials, including US President Donald Trump and his family, from having any financial interests in crypto projects.
The provision is widely seen as a reference to Trump, whose family is associated with various crypto businesses. According to reports, the White House has held several meetings to resolve these differences, but it has not yet been resolved.
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The March 1 deadline, which had been touted as a possible target for progress, came and went without a meaningful announcement.
Reports indicate that industry watchers had already hinted weeks ago that the deadline would not materialize, and that turned out to be true.
Negotiations are continuing, although the pace has disappointed those who hoped for a quick resolution.
Featured image from Vecteezychart from TradingView
