Senator Cynthia Lummis has confirmed that the Clarity Act will go to markup in May, with a stated intention to push the bill to passage. The announcement signals renewed legislative momentum for one of the more substantive crypto market-structure proposals currently in Congress.
The Clarity Act aims to draw clearer jurisdictional lines between the SEC and CFTC over digital assets — a long-standing gap that has left projects and exchanges navigating regulatory ambiguity. A May markup would put the bill on a credible timeline for a floor vote before the end of the current session.