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Deep Dive Special: CLARITY Act Advances

Executive SummaryThe advancement of the Digital Asset Market Clarity Act of 2025 (H.R. 3633), known as the CLARITY Act, represents a pivotal shift in the United States’ regulatory approach to the digital asset economy. On May 14, 2026, the Senate Banking Committee approved the legislation in a 15-9 bipartisan vote, establishing a statutory framework to replace years of enforcement-centric oversight.The act fundamentally delineates jurisdiction between the SEC and CFTC, integrates digital assets into the traditional banking system by effectively repealing the restrictive SAB 121, and provides…

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