The US Senate discards the 309‑page Crypto CLARITY Act draft ahead of the May 14 vote.

Draft of the CLARITY Act Published

The U.S. Senate Banking Committee has issued an updated 309‑page draft of the Digital Asset Market Clarity Act, commonly referred to as the CLARITY Act, which is considered a landmark bill for crypto market structure.

Upcoming Markup Vote

The committee is scheduled to hold a formal markup vote on the legislation on May 14, 2026, bringing the bill significantly closer to passage.

Defining Regulatory Boundaries

The proposal aims to permanently establish clear jurisdictional lines between the Securities and Exchange Commission and the Commodity Futures Trading Commission concerning digital assets.