The Crypto Clarity Act Senate Committee markup is officially scheduled for Thursday, May 14th at 10:30 a.m. ET — a pivotal step toward the first comprehensive regulatory framework for cryptocurrency in US history. Prediction markets now put the odds of the bill fully passing at 73%, and analysts estimate $20 trillion in sidelined institutional capital is waiting on the outcome.
The House already passed the Clarity Act in 2025; Thursday's markup is where the Senate committee debates the bill line by line, proposes amendments, and votes on whether to advance it to a full Senate floor vote. From there, a conference committee reconciles the House and Senate versions before the bill reaches the president's desk. Trump is reportedly pushing for a July 4th signing.
Coinbase CEO Brian Armstrong, speaking on the company's Q1 2026 earnings call, drew a direct parallel to the GENIUS Act for…