US Senate Drops 309-Page Crypto CLARITY Act Draft Ahead of May 14 Vote
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The U.S. Senate Banking Committee has released a 309-page updated draft of the CLARITY Act as the landmark crypto market structure bill heads toward a formal markup vote on May 14, 2026.
Key facts
The Digital Asset Market Clarity Act, commonly called the CLARITY Act, moved significantly closer to becoming law this week after the Senate Banking Committee published a revised 309-page draft, 31
The U.S. Senate Banking Committee has released a 309-page updated draft of the CLARITY Act as the landmark crypto market structure bill heads toward a formal markup vote on May 14, 2026
Senate Banking Committee’s 309-page CLARITY Act draft targets a May 14 markup vote
Passage on May 14 would send the CLARITY Act to a full Senate floor vote before end of 2026
Summary
The U.S. Senate Banking Committee’s 309-page CLARITY Act draft targets a May 14 markup vote. The bill assigns SEC authority over new token sales and CFTC control over all secondary trading. Passage on May 14 would send the CLARITY Act to a full Senate floor vote before end of 2026.