Over 100 Amendments Filed to CLARITY Act Ahead of Senate Banking Committee Markup

More than 100 amendments have been submitted to the U.S. Senate Banking Committee ahead of its scheduled markup vote on the CLARITY Act, the crypto market structure bill working its way through Congress. The volume of proposed changes, reported by Politico, signals that the legislation remains deeply contested across party lines and among industry stakeholders.

The CLARITY Act is designed to establish a regulatory framework for digital asset markets, clarifying jurisdiction between the SEC and CFTC and setting rules for token classification. A markup session is where the committee formally debates and votes on amendments before advancing a bill to the full Senate floor — the outcome will shape whether the bill emerges in a form the broader chamber can pass.

The sheer number of amendments makes the timeline uncertain. Contentious markup sessions can stretch across multiple days or…