Clarity Act Advances in Senate: Key Steps Ahead for Digital Assets

Clarity Act Passes Senate Banking Committee Markup

The Clarity Act is on its way to the Senate floor after bing passed in the Senate Banking Committee hearing on Thursday.

Ron Kotli

Published: May 14, 2026

1 Min Read

Disclosure: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct their own due diligence at all times.

The U.S. Clarity Act advances from markup.

The Senate Banking Committee has officially passed the Clarity Act during its markup process. Total vote count stood at 15 for and 9 against, meaning it is progressing to the next stage at the Senate.

Today, Chairman @SenatorTimScott led Banking Committee Republicans and Democrats in a historic bipartisan markup to advance to Clarity Act, legislation that will establish clear rules of the road for digital assets. pic.twitter.com/FujDX2GnAd
— U.S. Senate Banking Committee GOP (@BankingGOP) May 14, 2026

Right now, the bill needs to be merged with the part of the Clarity Act approved by the Senate Agriculture Committee back in January, and then it can be voted on by all Senators properly on the Senate floor.

Afterwards, if all the required votes are received, there is an expectation that the Senate version of the Clarity Act still has to be reviewed against and compromised with the House version supported last summer.

The U.S. shall have new rules and regulations for the growing digital asset market upon it being signed into law by the President.