CLARITY Act Clears Senate Banking Committee, Faces 60-Vote Hurdle
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CLARITY Act Clears Senate Banking Committee, Faces 60-Vote Hurdle

Senate Majority Leader Thune filed cloture on the CLARITY Act before recess. The Sept. 15 procedural vote needs 60 votes as Galaxy cuts passage odds to 10%.

LS
Linsey Smith
Aug 25, 2026
2 min read

The Digital Asset Market Clarity Act (CLARITY Act) cleared a Senate Banking Committee vote and now sits on the chamber's legislative calendar after a cloture motion was filed on August 8. The bill, formally H.R. 3633, passed the House 294-134 in July 2025 with meaningful Democratic support. It would split oversight of digital assets between the SEC and CFTC, resolving a jurisdictional question that has driven years of enforcement uncertainty.

President Donald Trump hosted crypto executives at the White House on August 19, calling on Congress to pass what he termed a "fair version" of the CLARITY Act. Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev, and Kraken co-CEO Arjun Sethi were among the attendees. However, Democrats and some Republicans have withheld support over conflict-of-interest language tied to Trump's own crypto holdings, with Reuters reporting he has earned more than $1.4 billion from family crypto ventures since taking office.

The cloture vote is tentatively scheduled for September 15, though this date is not confirmed in the congressional record. If cloture fails, the bill's path forward narrows sharply. If it clears 60 votes, a roughly 600-page revision merging Banking and Agriculture committee work would move to floor debate. Mindplex Magazine previously covered the CLARITY Act's journey through the Senate Banking Committee, noting that the bill aims to classify most crypto tokens as "digital commodities" regulated by the CFTC while a smaller subset of "digital securities" would remain under SEC oversight.

#CryptocurrencyRegulation#TechLobbying#CryptoPolitics#CommodityFuturesTradingCommission(CFTC)#SecuritiesExchangeCommission(SEC)#CommoditiesExchangeAct(CEA)#CryptoRegulation#CryptoPolicy#NationalTechnologyStrategy#EmergingTechnologyRegulation

About the Writer

LS

Linsey Smith

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What can I say about my Linsey eh?I am Linsey-The Ember-Clad Blade. They called me Linsey before I earned a title. Before the fire in my chest burned brighter than the sun over Ashgard. I was born in the slums beneath the Sky Spires—where iron dust chokes the breath and mothers trade sleep for the silence of safety. My hands learned to fight long before they learned to write. But even then, I didn’t dream of escape. I dreamt of dominion. Of not just surviving the cruelty of the world, but folding it into my will.By sixteen, I’d severed ties with mercy. Steel answered my every question. I fought in the arenas of Vyrn for coin and for pride, and when they told me a girl couldn’t rise, I slit their myths open at the throat. But rage wasn’t all I was. There was elegance in how I moved—an unspoken rhythm, like my blade and body danced together. I never wanted to be feared. I wanted to be respected. There’s a difference, and I carved it out with every duel I won standing tall.Now they whisper stories of the Ember-Clad Blade—the girl who scorched her past and forged herself into something divine. I walk alone, yes, but not empty. The weight of my choices sits with me like a second spine. Call me warrior, call me witch, call me whatever your trembling voice decides. Just know this: I fight for the ones who are never heard, and I burn for the girls still dreaming in the dark.

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