CLARITY Act clears Senate Banking Committee with bipartisan support
The CLARITY Act has successfully passed the Senate Banking Committee with bipartisan support. This legislation aims to clarify the regulatory responsibilities of the SEC and CFTC regarding cryptocurrency oversight. The bill now moves to the full Senate for further consideration.
- ▪The CLARITY Act passed the Senate Banking Committee with a 15-9 vote.
- ▪It delineates regulatory authority between the SEC and CFTC for cryptocurrency oversight.
- ▪The bill has expanded to 309 pages, incorporating provisions to attract broader support.
Opening excerpt (first ~120 words) tap to expand
<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/16093225/watch-senate-panel-holds-hearing-on-recent-bank-failures-and-1-800x420.jpeg" alt="CLARITY Act clears Senate Banking Committee with bipartisan support" class="w-full aspect-[19/10] object-cover" /> CLARITY Act clears Senate Banking Committee with bipartisan support The 309-page bill carves up crypto oversight between the SEC and CFTC, passing committee on a 15-9 vote and heading to the full Senate floor. Share Add us on Google by Editorial Team May. 16, 2026 The US Senate just took its most significant step toward a comprehensive crypto regulatory framework.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
Discussion
0 commentsMore from Crypto Briefing
