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Crypto market watches the Senate closely – CLARITY Act heads to May 14 vote

Crypto market watches the Senate closely – CLARITY Act heads to May 14 vote

Momentum around the CLARITY Act accelerated ahead of the Senate Banking Committee’s markup on the 14th of May, signaling deeper regulatory progress.

Senator Cynthia Lummis reinforced this urgency in a post on X, stating,

Let’s pass the CLARITY Act out of the Banking Committee on Thursday!

This momentum matters because institutions still hesitate when compliance rules remain fragmented between the SEC and CFTC.

Meanwhile, the House previously passed the legislation through a strong 294-134 bipartisan vote, reflecting broader political alignment around crypto regulation.

Source: HarrisX.com

Recent HarrisX polling reinforced this shift further, with 52% supporting the CLARITY Act across party lines. Another 62% favored stronger U.S….

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