The most consequential piece of crypto legislation in US history is sitting on the Senate’s legislative calendar, and the clock is ticking. The Digital Asset Market Clarity Act, better known as the CLARITY Act, was placed on the Senate Legislative Calendar on June 1, 2026, after months of bipartisan wrangling to get it out of committee.
The question now is whether senators can find enough common ground to hold a floor vote before the 119th Congress wraps up. If they can’t, the whole process resets, and the crypto industry goes back to operating in the regulatory gray zone it’s been stuck in for years.
How the bill got here
The CLARITY Act, formally designated H.R. 3633, was introduced on May 29, 2025, by Rep. J. French Hill of Arkansas. It moved through the House with surprising momentum, passing on July 17, 2025, with a bipartisan vote of 294-134.
The Senate side has been slower, which is par for the course. The Senate Banking Committee advanced its own substitute version of the bill on May 14, 2026, with a 15-9 vote. Every Republican on the committee voted in favor, joined by Democratic Senators Ruben Gallego and Angela Alsobrooks.
