The US Senate banking committee will hold a markup session on May 14 for the CLARITY Act, and support appears at least nominally bipartisan.
The CLARITY Act, the crypto lobby’s long-awaited regulatory framework, is finally headed to a markup session in the United States Senate Banking Committee.
It’s been a long road. The bill passed the House of Representatives on July 17, 2025, and has since been in deliberation in the Senate. Most recently, the crypto and banking lobbies were at loggerheads over whether stablecoins could offer interest, further delaying progress.
The two industry interest groups appear to have reached an agreement. However, this does not mean that the bill is finished. Indeed, far from it, as members could introduce contentious amendments, vote against reporting the bill to the Senate floor, or not produce a quorum.
