US Senate Banking Committee Releases 309-Page CLARITY Act Draft Ahead of Thursday Markup

The US Senate Banking Committee has published a 309-page draft of the CLARITY Act, giving members until tomorrow to file amendments before Thursday's scheduled markup session. The release marks a significant procedural step toward formal legislative action on one of the most comprehensive crypto regulatory frameworks to reach the Senate floor.

The CLARITY Act has been closely watched by the digital assets industry as a potential blueprint for how the US will divide oversight authority between the SEC and CFTC, clarify the legal status of digital commodities, and set rules for banking institutions engaging with crypto. Thursday's markup will be the first real test of where committee members stand on the draft's core provisions.