Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
#CLARITYActPassesSenateCommittee Senate Committee Just Said Yes
15 to 9. The Banking Committee voted. The CLARITY Act cleared its first formal gate moments ago, and the market reacted before the gavel even cooled .
🔹 The Vote
The bipartisan markup advanced H.R. 3633 with 15 in favor, 9 opposed. Every Republican plus Democratic Senators Ruben Gallego and Angela Alsobrooks voted yes . The session ran over two hours. More than 100 amendments hit the table.
Chairman Tim Scott called it proof that "Washington can still work together" . The bill now exits committee and moves toward the Senate floor.
🔹 The Immediate Market Response
Bitcoin punched through $81,000 as the vote results spread . XRP surged over 4.5% to $1.49, leading the crypto rally . Coinbase stock jumped more than 8% in equities trading . Traders priced regulatory clarity fast.
This happened despite weak equities, rising Treasury yields, and climbing oil prices from Strait of Hormuz tensions . Crypto decoupled from macro headwinds on the news.
🔹 Why The Market Cheered
The CLARITY Act establishes a five-part token taxonomy that draws clear jurisdictional lines between the SEC and CFTC . It classifies assets as securities or commodities with defined boundaries . The stablecoin compromise bans passive yield on idle holdings but protects activity-based rewards for trading, staking, and transactions . Software developers receive explicit protections .
Senator Cynthia Lummis warned that missing this window pushes the next viable opportunity to 2030 . The committee did not miss.
🔹 Two Democratic Yes Votes Came With Warnings
Senator Alsobrooks confirmed her committee yes but stated she would not support the bill on the Senate floor until outstanding issues get resolved . Senator Gallego echoed the same position. Neither floor vote is guaranteed.
🔹 What Comes Next
The Banking Committee text must merge with the Agriculture Committee's Digital Commodity Intermediaries Act . The unified bill then faces a full Senate vote requiring 60 votes to break a filibuster. At least seven Democratic senators must cross over . The House passed its version in July 2025. The White House targets July 4 for presidential signature .
If the floor vote stalls before Memorial Day on May 21, the midterm election cycle and August recess could delay everything . The calendar is tight.
🔹 The Bigger Picture
a16z crypto compared this legislation to the 1933 Securities Act . CFTC Chair Mike Selig declared the vote brings America closer to becoming "the crypto capital of the world." Polymarket odds of passage sit near 73% . The market believes this is happening.
Bottom Line
The CLARITY Act cleared its committee vote 15-9 in a historic bipartisan markup. Bitcoin surged past $81,000. XRP led the rally. Coinbase popped over 8%. The bill defines crypto jurisdiction, protects developers, and resolves the stablecoin reward fight. Two Democratic senators warned their floor votes are not guaranteed. The merger with the Agriculture Committee version comes next. The full Senate floor vote requires 60. The White House wants a July 4 signing. Lummis says this is the window.
The most important crypto bill in American history just took its first real step forward.
Friends, does the CLARITY Act reach President Trump's desk by Independence Day, or does the Senate floor stall this momentum?
15 to 9. The Banking Committee voted. The CLARITY Act cleared its first formal gate moments ago, and the market reacted before the gavel even cooled .
🔹 The Vote
The bipartisan markup advanced H.R. 3633 with 15 in favor, 9 opposed. Every Republican plus Democratic Senators Ruben Gallego and Angela Alsobrooks voted yes . The session ran over two hours. More than 100 amendments hit the table.
Chairman Tim Scott called it proof that "Washington can still work together" . The bill now exits committee and moves toward the Senate floor.
🔹 The Immediate Market Response
Bitcoin punched through $81,000 as the vote results spread . XRP surged over 4.5% to $1.49, leading the crypto rally . Coinbase stock jumped more than 8% in equities trading . Traders priced regulatory clarity fast.
This happened despite weak equities, rising Treasury yields, and climbing oil prices from Strait of Hormuz tensions . Crypto decoupled from macro headwinds on the news.
🔹 Why The Market Cheered
The CLARITY Act establishes a five-part token taxonomy that draws clear jurisdictional lines between the SEC and CFTC . It classifies assets as securities or commodities with defined boundaries . The stablecoin compromise bans passive yield on idle holdings but protects activity-based rewards for trading, staking, and transactions . Software developers receive explicit protections .
Senator Cynthia Lummis warned that missing this window pushes the next viable opportunity to 2030 . The committee did not miss.
🔹 Two Democratic Yes Votes Came With Warnings
Senator Alsobrooks confirmed her committee yes but stated she would not support the bill on the Senate floor until outstanding issues get resolved . Senator Gallego echoed the same position. Neither floor vote is guaranteed.
🔹 What Comes Next
The Banking Committee text must merge with the Agriculture Committee's Digital Commodity Intermediaries Act . The unified bill then faces a full Senate vote requiring 60 votes to break a filibuster. At least seven Democratic senators must cross over . The House passed its version in July 2025. The White House targets July 4 for presidential signature .
If the floor vote stalls before Memorial Day on May 21, the midterm election cycle and August recess could delay everything . The calendar is tight.
🔹 The Bigger Picture
a16z crypto compared this legislation to the 1933 Securities Act . CFTC Chair Mike Selig declared the vote brings America closer to becoming "the crypto capital of the world." Polymarket odds of passage sit near 73% . The market believes this is happening.
Bottom Line
The CLARITY Act cleared its committee vote 15-9 in a historic bipartisan markup. Bitcoin surged past $81,000. XRP led the rally. Coinbase popped over 8%. The bill defines crypto jurisdiction, protects developers, and resolves the stablecoin reward fight. Two Democratic senators warned their floor votes are not guaranteed. The merger with the Agriculture Committee version comes next. The full Senate floor vote requires 60. The White House wants a July 4 signing. Lummis says this is the window.
The most important crypto bill in American history just took its first real step forward.
Friends, does the CLARITY Act reach President Trump's desk by Independence Day, or does the Senate floor stall this momentum?