Brief

CLARITY Act clears Senate Banking, but floor-vote timing remains unverified

H.R. 3633, the Digital Asset Market Clarity Act of 2025, is back on crypto policy watch after the Senate Banking majority said the bill advanced out of committee 15-9 and now moves to the Senate floor. The verified record supports a path to floor consideration, not a scheduled or imminent Senate vote, while X News signals broader market attention around vote timing. The stakes center on how the bill is being framed: Senator Cynthia Lummis’s account said it draws a line between digital assets that are securities and commodities, and an industry-aligned policy source says it draws lines between SEC and CFTC authority. Without extracted bill text, a Senate schedule, House roll-call record, or direct banking-industry criticism, the strongest supported read is a developing market-structure fight rather than a confirmed regulatory shift.

Crypto · June 12, 2026

Sources & context

Evidence, open claims, and reader-facing editor notes.

Dek

The signal says the crypto market-structure bill is nearing a Senate vote, reopening the question of who controls token markets as firms press for faster passage and banks criticize AML gaps.

Synthesis angle

Investigate whether the CLARITY Act would materially shift regulatory power over digital assets from the SEC toward the CFTC and change incentives for exchanges, token issuers, banks, and stablecoin firms.

Source

CLARITY Act Nears Senate Vote on Crypto Regulation

Preferred source plan

Congress.gov bill text and latest actions for the Digital Asset Market Clarity Act
Senate Banking Committee markup record and vote tally
House roll-call vote record for the CLARITY Act
Statements from Senate Banking Committee leadership including Tim Scott
CFTC and SEC statements or testimony on digital asset market-structure jurisdiction
Public letters from crypto firms, banking groups, and AML policy organizations

Reading the dossier...