Close Menu
    Facebook X (Twitter) Instagram
    Saturday, May 30
    X (Twitter) Instagram LinkedIn YouTube
    Chain Tech Daily
    Banner
    • Altcoins
    • Bitcoin
    • Crypto
    • Coinbase
    • Litecoin
    • Ethereum
    • Blockchain
    • Lithosphere News Releases
    Chain Tech Daily
    You are at:Home » Digital Chamber rallies Senate on CLARITY Act
    Crypto

    Digital Chamber rallies Senate on CLARITY Act

    James WilsonBy James WilsonMay 29, 2026No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email



    The Digital Chamber is leading a coalition of crypto firms pressing the Senate to pass the CLARITY Act.

    Summary

    • The Digital Chamber is leading more than 100 crypto firms urging Senate passage of the CLARITY Act.
    • The coalition wants action before the Senate’s summer recess to lock in regulatory clarity.
    • The Senate Banking Committee already advanced the bill in a bipartisan 15-9 vote on May 14.

    The Digital Chamber has escalated a coalition push urging the US Senate to pass the CLARITY Act. The trade group is framing the bill as crypto’s last realistic window for federal market structure rules this year.

    The pressure follows a key procedural win. The Senate Banking Committee already advanced H.R. 3633, the Digital Asset Market Clarity Act, in a 15-9 bipartisan vote, sending it toward a full Senate floor fight.

    What the Digital Chamber is asking for

    The Digital Chamber, the Crypto Council for Innovation and the Blockchain Association are running parallel lobbying tracks aimed at swing-vote senators in the Banking Committee and the wider Democratic caucus. Bipartisan support is treated as a hard prerequisite for the 60-vote floor threshold.

    The coalition’s April letter to Senate Banking flagged what the industry calls Operation Choke Point 2.0, an informal pressure campaign by federal regulators that the bill would force into formal rulemaking. Stand With Crypto has also issued a constituent call-to-action.

    Crypto.news previously reported the Banking Committee vote, with Democrat Ruben Gallego joining all 13 Republicans. The bill passed the House 294-134 in July 2025.

    What stands in the way

    Two issues remain unresolved. Senator Elizabeth Warren has opposed the bill, citing weak anti-money laundering provisions and unresolved ethics language around officials profiting from crypto. The ethics provision tied to the Trump family’s crypto involvement remains a sticking point.

    Digital Chamber CEO Cody Carbone has previously said the ethics deal “will be completed before this goes to the floor, because they’ll want to only bring it to the floor if they feel confident they’ve got 60.” Senator Cynthia Lummis has said a floor vote could come by August.

    The Banking Committee bill must still merge with the Senate Agriculture Committee version, clear the 60-vote floor, then reconcile with the House text. Crypto.news tracked the tight calendar window, with the legislative path narrowing as Congress nears its summer break.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleETH down 39% since Eric Trump tweet
    Next Article OFAC sanctions USDT-on-Tron wallets used by Houthis
    James Wilson

    Related Posts

    CFTC says some derivatives markets may not suit 24/7 trading

    May 30, 2026

    Crypto clarity bill advances as critics warn CFTC is not ready yet

    May 30, 2026

    Treasury bonds rally as dollar index sinks to 98.8

    May 30, 2026
    Leave A Reply Cancel Reply

    Don't Miss

    CFTC says some derivatives markets may not suit 24/7 trading

    CHART: Solana metrics nosedive since Trump Inauguration Day

    Crypto clarity bill advances as critics warn CFTC is not ready yet

    Justin Sun’s Forbes article prompts geography lesson from Liberland

    About
    About

    ChainTechDaily.com is your daily destination for the latest news and developments in the cryptocurrency space. Stay updated with expert insights and analysis tailored for crypto enthusiasts and investors alike.

    X (Twitter) Instagram YouTube LinkedIn
    Popular Posts

    CFTC says some derivatives markets may not suit 24/7 trading

    May 30, 2026

    CHART: Solana metrics nosedive since Trump Inauguration Day

    May 30, 2026

    Crypto clarity bill advances as critics warn CFTC is not ready yet

    May 30, 2026
    Lithosphere News Releases

    This feed has expired. Please contact us for pricing options.

    May 5, 2026

    AGII Introduces Scalable AI Execution Layer for Decentralized Systems

    May 1, 2026

    Lithosphere Deploys Full-Stack Development Environment for AI-Native Applications

    May 1, 2026
    Copyright © 2026

    Type above and press Enter to search. Press Esc to cancel.