CoinDesk
The Clarity Act passed out of the Senate Banking Committee Thursday with bipartisan support, marking the first time a crypto market structure bill has cleared that committee and advanced toward a full Senate floor vote. Blockchain Association Chief Policy Officer Lindsay Fraser called it a landmark moment, noting that Sens. Ruben Gallego and Angela Alsobrooks joined Republicans to provide the cross-aisle backing the industry needed.
The committee adopted seven amendments during the markup session — five of them last-minute bipartisan additions — covering staking rewards, tokenization, and developer protections. Fraser said the bipartisan vote matters structurally: a partisan pass would have handed Democrats more leverage to demand concessions before a floor vote.
The path forward isn't clear yet. Ethics provisions remain the biggest unresolved issue, and both Gallego and Alsobrooks…
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