The U.S.’ crypto market structure bill also known as the CLARITY Act is headed to the voting table next week. Senator Tim Scott from the state of South Carolina confirmed the development during a media interview on December 6.
Highlighting that over six months have been invested in drafting this bill, Scott said, it is time that the U.S. lawmakers etch their votes on record.
“So, next Thursday, we’ll have a vote on market structure,” Breitbart News quoted Scott as saying.
The bill brings more depth to U.S.’ approach to handling participants in the crypto market. It details guidelines around the jurisdictional status and asset classification of digital assets. It details registration regimes, along with investor protection and disclosure rules for crypto service providers to adhere to.
As per Scott, going forward with the CLARITY Act could be one of the fastest ways to make 2026 the year of affordability in the U.S. by opening better access to the flourishing crypto industry, currently valued at $3.15 trillion.
The bill is expected to pay a crucial role in slashing crypto transaction costs and provide clarity to consumers and businesses around how they can be protected against market risks.
Back on August 2025 as well, Scott had expressed confidence that the CLARITY Act would garner a bipartisan backing from the Senate. The Senate Banking Committee took time to finalize the draft language of the bill. After passage by both chambers, the Bill will be placed before the President for his signature.
Members of the crypto community have expressed eagerness for the market structure bill to pass and see the light of the day.
In December last year, Treasury Secretary Scott Bessent met with Coinbase, Ripple, and a16z representatives to collaborate on the market structure bill.