Senator McCormick expects CLARITY Act to pass this summer
Senator McCormick anticipates the passage of the CLARITY Act this summer, which aims to establish a clear federal framework for digital assets. The bill has already received bipartisan support, passing the House and advancing through the Senate Banking Committee. However, the reconciliation of two different Senate versions remains a significant hurdle before it can be finalized.
- ▪The CLARITY Act has passed the House with a 294-134 bipartisan vote.
- ▪The Senate Banking Committee advanced its version of the bill with a bipartisan vote of 15 in favor.
- ▪Two versions of the bill exist in the Senate, requiring reconciliation before a final vote.
Opening excerpt (first ~120 words) tap to expand
Senator McCormick expects CLARITY Act to pass this summer The landmark digital asset market structure bill has cleared key congressional hurdles, and its backers believe a final vote is within reach. Share Add us on Google by Editorial Team May. 20, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); The crypto industry’s longest-running regulatory wish, a clear federal framework for digital assets, might actually be close to becoming…
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