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Crypto industry scores win as Clarity Act regulation bill clears Senate hurdle

CNBC · May 14, 2026, 4:53 PM · Also reported by 4 other sources

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  • The cryptocurrency industry notched a key win after a Senate panel on Thursday approved the Clarity Act, the first wide-ranging piece of legislation pertaining to the new industry.
  • The Senate Banking Committee largely voted along party lines, 15-9, with Democratic Sens.

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The cryptocurrency industry notched a key win after a Senate panel on Thursday approved the Clarity Act, the first wide-ranging piece of legislation pertaining to the new industry.

The Senate Banking Committee largely voted along party lines, 15-9, with Democratic Sens. Ruben Gallego, of Arizona, and Angela Alsobrooks, of Maryland, joining all Republicans on the panel to vote for the bill.

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