The latest crypto news indicates prediction markets are suddenly more confident that the CLARITY Act will pass, and the shift follows fresh remarks from Coinbase CEO Brian Armstrong.
He indicated that negotiations around the crypto bill have moved forward in a meaningful way. He also suggested the talks have picked up real momentum compared with where they started, pointing to what he described as major progress since discussions first began.
Polymarket data in the crypto news space shows traders have grown far more confident that the crypto bill will become law in 2026. In fact, the market’s implied odds have surged. Approval expectations have climbed from 60% to 90%.
In a recent CNBC interview, Brian Armstrong said talks around the CLARITY Act have moved forward in a big way. That update matters because Coinbase initially pushed back hard on the first draft. At the time, lawmakers were preparing to send the bill to markup in January.
Now, Armstrong indicated the gap is closing. He also pointed to the Senate Banking Committee as the main force trying to move the CLARITY Act fast. From his point of view, lawmakers have basically been at it daily, trying to get the bill over the finish line.
Still, he doesn’t think the remaining issues are deal-breakers. He believes a workable agreement is close, and he says it can benefit crypto companies, banks, and regular Americans all at the same time.
According to recent crypto news, he added that this route could help carry President Trump’s crypto agenda through to the end. Senator Bernie Moreno also joined the interview and pointed to April as the target window for approval of the crypto bill.
He projected confidence that lawmakers can wrap it up by then, indicating the goal is to get it over the line by April. That timeline also lines up with a recent call from Ripple CEO Brad Garlinghouse. He suggested the odds are strong that the crypto bill reaches the President’s desk in April. In his estimate, the chance sits around 80%.
In a crypto news post on X, crypto journalist Eleanor Terrett said today’s meeting will bring together senior legal and policy voices from across the industry. Terret noted that the guest list included Ripple CLO Stuart Alderoty, Coinbase CLO Paul Grewal, and a16z’s Miles Jennings.
At the center of the talks sits one sticking point. The Trump administration is working to narrow the gap between banks and crypto firms over whether stablecoin rewards should stay in the bill.
Banks want a sweeping ban on stablecoin rewards. If that proposal sticks, it would block crypto platforms like Coinbase from paying users a yield tied to stablecoins.
Crypto companies are pushing back, and they are arguing that cutting off rewards would slow product development and make it harder for the U.S. to stay competitive in digital finance.
So far, banks and crypto firms still have not found a middle ground on this section of the CLARITY Act. Even so, the month-end deadline keeps getting closer.
To break the deadlock, the Digital Chamber floated a compromise. The group proposed carving out exemptions to any broad ban, so platforms could still offer rewards when users take part in things like liquidity provision and staking.
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