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Senate Banking Committee Releases 309-Page Clarity Act Draft: US Senate Banking Committee - "The Defiant"
The US Senate Banking Committee released the full 309-page draft of the Clarity Act on Tuesday, May 12, 2026, making public the cryptocurrency market structure bill it has been developing since January. Committee members now have until close of business Wednesday to file amendments before the scheduled Thursday markup vote. The legislation had previously circulated among industry stakeholders behind closed doors.
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coindesk.com
Crypto industry cheers Senate Clarity Act markup date as market structure push resumes
The bill's progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.
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Clarity Act, in the flesh, unveiled by U.S. Senate Banking Committee before hearing
The crypto market structure bill had already been making the industry rounds behind closed doors, but the lawmakers have released the text before their vote.
