The Digital Asset Market Clarity Act, commonly called the CLARITY Act, is sitting on the Senate floor with a tight deadline. Lawmakers have roughly 15 days to bring the bill to a vote before Congress breaks for its August recess, expected to begin around August 10, 2026.
What the bill actually does
Formally designated H.R. 3633, the legislation draws a legal line between digital commodities and digital securities. Commodities fall under CFTC jurisdiction. Securities stay with the SEC. In theory, a project launching a token would know from day one which regulator they answer to, rather than finding out through an enforcement action years later.
The bill also addresses market structure, disclosure requirements, and consumer protections, areas where the current patchwork of state-level rules and federal guidance has left both investors and builders operating with significant uncertainty.
The House passed the bill in July 2025 with a 294-134 bipartisan vote. The Senate Banking Committee followed up with a 15-9 approval on May 14, 2026. The bill was placed on the Senate calendar on June 1, 2026, which is where it has sat since.
