Clarity Act News: The Digital Chamber, a cryptocurrency advocacy organization with over 250 members, has mounted a coordinated lobbying campaign urging the US Senate to formally pass the Digital Asset Market Clarity Act (CLARITY Act), HR 3633, which positions the bill as the industry’s last realistic legislative window for federal market structure rules before Congress adjourns for its summer recess.
The campaign, which now includes more than 100 cryptocurrency companies along with parallel tracks run by the Cryptocurrency Innovation Council and the Blockchain Association, follows the progress of the bipartisan 15-9 Senate Banking Committee on H.R. 3633 on May 14, 2026.
Cody Carbone, CEO of the Digital Chamber, has publicly stated that the ethics provisions still included in the bill will be resolved before Senate leadership sets a date for a vote.
Congress is finally one step closer to setting clear, common-sense rules for digital assets. The Clarity Act protects ordinary users and ensures that American innovation is not pushed abroad. Don’t let routine squash innovation. Ask your senator to vote yes: https://t.co/pscookyjIt pic.twitter.com/q2lZkxM6QZ
— Digital Chamber (@DigitalChamber) May 28, 2026
This is not just a routine example of cryptocurrencies lobbying Congress for preferential treatment. It is a timed institutional intervention designed to bridge the procedural gap between committee advancement and meeting scheduling, the precise window in which bills with partisan momentum often stall under calculations of filibusters, competing calendar priorities, and coordinated opposition, while simultaneously creating a legislative record that recasts the industry’s central grievance: a decade of regulation by enforcement conducted through agency action rather than statutory authority.
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CLARITY ACT NEWS: CLARITY ACT Legislative Status: Senate Calculation, Committee Conciliation Requirements, and the August Calendar Window
The Clarity Act passed the US House of Representatives in July 2025 by a vote of 294-134, establishing a broad bipartisan baseline before moving the bill to the Senate. The Senate Banking Committee advances 15-9 on May 14, 2026, with Democrat Ruben Gallego (D-Ariz.) joining all 13 Republicans in voting in favor. The bill constitutes the bill’s second major procedural measure, but the path to a vote in the Senate remains structurally complex.
The Banking Committee’s version must first be reconciled with a separate version submitted by the Senate Agriculture Committee, a merger that involves the basic jurisdictional split of the bill between the SEC versus the CFTC before any floor scheduling can occur.
The mechanism works as follows: The CLARITY Act would formally divide oversight of digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) by providing a legal definition of “digital goods” and testing a “mature blockchain,” measuring token concentration, governance dispersion, and network usage, to determine when a given token transitions from securities to commodities jurisdiction.
This framework would replace the current enforcement-based environment, where the SEC applies an amateur test on a case-by-case basis without binding safe harbor rules, with a legal structure that asset managers, payment processors, and fintech companies can rely on to make capital allocation decisions.
Sen. Cynthia Lummis has indicated a vote could come as soon as August 2026, but the bill requires 60 votes to pass the Senate filibuster threshold, a numerical bar that requires material Democratic support beyond the single-committee crossover already secured.
The bill’s stablecoin regulatory implications, although secondary to the market structure provisions, have attracted particular attention from payment-focused companies. Proponents argue that the CLARITY Act would clarify which tokens fall under commodity rules, making the integration of banks and stablecoins for payment operationally viable in a way that the current implementation environment only prevents.
Coinbase has separately pressed the issue That the bill directly addresses SEC regulatory overreach is a position that is structurally consistent with the Digital Chamber’s anti-enforcement-by-regulation argument.
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The Digital Chamber campaign: What the coalition is asking for and why the strategic logic extends beyond its stated policy goal
The Digital Chamber’s April letter to the Senate Banking Committee pointed to what the industry describes as Operation Choke Point 2.0, an informal pressure campaign in which federal regulators applied debanking pressure to cryptocurrency companies without formal rulemaking, as the specific harm the CLARITY Act would address by forcing agency conduct into a legal channel subject to congressional oversight.
CEO Cody Carbone has publicly argued that the ethics agreement surrounding officials who profit from cryptocurrencies, a provision tied to the Trump family’s involvement in cryptocurrencies that Sen. Elizabeth Warren (D-Mass.) noted was unresolved, would be finalized before the bill reaches the floor. His careful framing: that Senate leadership “will not bring the matter to the floor unless it feels confident it will get 60 votes,” suggests the coalition is targeting certainty by the whip count rather than just hitting the floor.
It is already very easy for our adversaries to exploit cryptocurrencies to move billions.
We should be working to strengthen standards, not create new gaps that our enemies can exploit.
The law of clarity should not pass as written. pic.twitter.com/hXIjjhXKyl
-Elizabeth Warren (@SenWarren) May 28, 2026
The coalition’s membership, including Coinbase, Ripple, Kraken, Circle, Andreessen Horowitz, and Paradigm, has been coordinated across the Digital Chamber, Blockchain Association, and Crypto Innovation Council, with Stand With Crypto issuing a parallel founding call to action, representing a degree of industry consensus that has not been consistently present in previous legislative sessions.
We suspect that the campaign’s secondary institutional function is to establish a documented lobbying record that strengthens the industry’s litigation and rule-making position should the bill fail in this Congress, demonstrating coordinated legal intent that can be cited in subsequent agency actions and judicial review of enforcement actions.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to provide accurate and timely information but should not be considered financial or investment advice. Since market conditions can change rapidly, we encourage you to verify the information yourself and consult with a professional before making any decisions based on this content.
Neil is a professional cryptocurrency content writer with years of experience. He has written for numerous cryptocurrency websites to report breaking news, and has been hired by all kinds of cryptocurrency projects, to create content that will increase their exposure and attract more potential investors.
