The United States (US) Senate Banking Committee released the full text of the Digital Asset Market Clarity Act, commonly known as the Clarity Act, ahead of the scheduled markup vote on Thursday.

Chairman Tim Scott, Subcommittee on Digital Assets Chair Cynthia Lummis, and Senator Thom Tillis, in releasing the market structure bill text to the public, said it will serve as the basis for the Committee’s markup of the Clarity Act.

Clarity Act text released ahead of Senate Committee’s markup

The Clarity Act’s advance to the Senate Banking Committee comes after months of stalling, pitting crypto stakeholders against aggressive bank lobbyists. While the predecessor, the GENIUS Act, signed into law by US President Donald Trump in July,…