CLARITY Act: what the US crypto law would do and where it stands in the Senate

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.In context: what the CLARITY Act would do, how the House and the Senate voted, and what the SEC and CFTC are pushing ahead without a law. With a timeline, the vote arithmetic and a comparison with the EU regulation MiCA.The CLARITY Act, in full the Digital Asset Market Clarity Act (H.R. 3633), is a US bill that would split oversight of crypto-assets between the securities regulator SEC and the derivatives regulator CFTC and require crypto exchanges to register at federal level. The House of Representatives passed it on July 17, 2025 by 294 votes to 134. In the Senate, the motion to open debate failed on September 15, 2026 by 49 votes to 50; 60 would have been needed. The CLARITY Act is therefore not law, and as of October 22, 2026 no new vote is scheduled. What is documented on this page are the bill text, the votes and the regulators' steps; how we rate the chances of a second attempt appears further down and is marked as our assessment.What the day of the vote set in motion is...