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Last updated Nov 29, 2025
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Assuming the legislative process proceeds without major disruption, the Clarity Act (crypto market structure legislation) will pass the Senate and reach President Trump’s desk by the end of September 2025, enabling a presidential bill‑signing and enactment into law around October 2025.
the chairman of the Senate Banking Committee, Tim Scott, has said that he wants to finish with the market structure legislation by the end of September. So if all goes well, then we could be looking at a second bill signing and say, October.View on YouTube
Explanation

Congressional and news records show that the Digital Asset Market Clarity Act of 2025 (the CLARITY Act, H.R. 3633) did not pass the Senate or reach President Trump’s desk by the end of September 2025, nor was it signed into law in October 2025.

Key facts:

  • The CLARITY Act passed the House on July 17, 2025, by a 294–134 vote. It was then sent to the Senate and on September 18, 2025 was “received in the Senate and read twice and referred to the Committee on Banking, Housing, and Urban Affairs,” where it remains. Congress.gov lists its latest action as that September 18 referral, and its status is still only “Passed House,” not “Passed Senate,” “To President,” or “Became Law.” (congress.gov)
  • A Congressional Research Service brief on the CLARITY Act, revised September 30, 2025, still describes it as pending legislation and does not indicate Senate passage or enactment. (legistorm.com)
  • Senate sources through October 2025 describe the crypto market-structure bill (based on or related to the CLARITY framework) as being in draft/negotiation, with significant partisan disputes and no completed committee or floor vote. For example, coverage from early and late October notes that the market-structure bill “remains in the discussion phase in the Senate” and is stalled amid gridlock, clearly implying it has not yet passed. (axios.com)
  • By contrast, the GENIUS Act (the stablecoin bill) did complete the process: it passed both chambers and was signed by President Trump on July 18, 2025, becoming the first major federal crypto law. This is consistently documented in legislative records and press reports, underscoring that if the CLARITY Act had been similarly enacted, it would appear in the same way—which it does not. (en.wikipedia.org)

David Sacks’ prediction, normalized as: “Assuming the process proceeds without major disruption, the CLARITY Act will pass the Senate and reach President Trump’s desk by the end of September 2025, enabling a signing into law around October 2025,” is therefore incorrect. The specified milestones (Senate passage by end of September and presidential signing in October) did not occur within that timeframe or by November 30, 2025, despite ongoing work on related Senate market-structure legislation.