CLARITY Act clears Senate Banking Committee in bipartisan vote!

The CLARITY Act has advanced out of the Senate Banking Committee with bipartisan support, marking a significant legislative milestone for U.S. crypto regulation. A committee-level bipartisan vote signals that the bill has enough cross-aisle backing to survive the floor debate gauntlet — historically the graveyard for crypto legislation in Washington.

CLARITY is designed to draw clearer jurisdictional lines between the SEC and CFTC over digital assets, a long-standing ambiguity that has left exchanges, token issuers, and institutional players operating under regulatory uncertainty for years. Bipartisan committee passage is the strongest procedural signal yet that a comprehensive U.S. crypto market structure framework could reach the President's desk in this Congress.

For markets, the read is straightforward: reduced regulatory uncertainty is a structural tailwind for institutional…