#clearityact
CLARITY Act — latest update (as of Saturday, May 16, 2026):
May 14, 2026: The U.S. Senate Banking Committee advanced the CLARITY Act (H.R. 3633) in a 15–9 vote, sending it to the full Senate for consideration. (banking.senate.gov)
May 12, 2026: Ahead of that vote, the committee released a revised ~309-page draft (an updated substitute text) that reflects negotiated changes (including around stablecoin rewards) and set up the May 14 markup. (galaxy.com)
What’s next: It needs a Senate floor vote (and typically enough support to clear Senate procedure), and then it would still need to align with/clear the House process before going to the President. (coindesk.com)
Want me to summarize what changed in the May 12 draft or focus on how it could impact exchanges/altcoins/stablecoin rewards?
Key changes (plain-English)
Timeline + odds/roadblocks
Market impact: BTC/ETH/SOL + alts
Stablecoins + “yield/rewards” impact