Trump will “immediately” sign the CLARITY Act, but there’s a catch

The POTUS spoke at a crypto and fintech conference at his golf club in Palm Beach yesterday and mentioned the highly anticipated CLARITY Act.

Just hours before attending another event at the White House from which he had to be evacuated after several gunshots were heard, US President Donald Trump delivered a 45-minute keynote speech at his own coin-op rally at Mar-a-Lago.

According to participants cited by several journalists, he addressed several major current issues, including the war in Iran, Joe Biden and the CLARITY Act.

Sign “immediately” but…

Introduced by the House Committees on Financial Services and Agriculture in June of last year, the Digital Asset Market Clarity Act of 2025 (or simply the CLARITY Act) passed the House months later and was moved to the Senate Banking Committee where it faced numerous delays as all parties involved continue to argue over certain regulations, particularly those related to stablecoins.

Some of the key features include the separation of jurisdictions between the CFTC and the SEC, with the former regulating digital commodities and the latter overseeing investment contract assets (tokens sold through securities offerings). He also wants to improve DeFi protection by regulating centralized intermediaries rather than decentralized software developers or protocols.

Arguably the most controversial element was the regulation of stablecoins and potential returns, with some industry experts calling it a “horrible” bill, while Coinbase was accused of undermining it.

Nonetheless, US President Donald Trump remains optimistic that it will pass soon, and during a speech at the Mar-a-Lago event, he reportedly said he would “sign it immediately” once it hits his desk. He has insisted in the past that this bill must be passed as quickly as possible, and has even lashed out at some of the parties allegedly blocking it.

The catch

In case the catch isn’t obvious so far: even if the POTUS wants the text to pass and has committed to signing it immediately, there’s still a long way to go. It’s been about nine months since the House did its work, and the reports released in that time have been promising, but to no avail so far.

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Deadlines slipped, interested parties ruled against each other, while industry experts assessed the potential impact once (or if) the bill passed. As the midterm elections approach and the Democrats’ expected victory, uncertainty is likely to increase if there is no official resolution by then.