CLARITY Act Passes Senate Banking Committee, Awaits Floor Vote

The CLARITY Act has been passed by the Senate Banking Committee with a vote of 15-9 and is currently on the Senate Calendar as No. 423.

Key dates to note include July 13, when Congress returns from recess, and August 7, the last Senate day before the summer recess. If the Senate does not vote on the Act before the recess, the establishment of US crypto regulations could be delayed until mid-2027 due to midterm politics.