Clarity act became a focal point of U.S. crypto policy after the Senate Banking Committee advanced the bill by a 15–9 vote in May 2026 and White House crypto adviser Patrick Witt publicly defended it as a pro-law-enforcement framework. The proposal sits at the center of the debate over whether the United States can create a durable market structure for digital assets while expanding anti-money-laundering and sanctions enforcement.

The bill would clarify how the SEC and CFTC oversee crypto assets, establish new disclosure requirements, and add compliance obligations for exchanges, brokers, and some DeFi activities. For markets, the core question is whether regulatory clarity can coexist with stronger enforcement without slowing…