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📜 LEY CLARITY MOVES FORWARD IN THE SENATE: crypto regulation with a 74% chance of approval in 2026
The Senate Banking Committee approved the CLARITY Act with a 15 to 9 vote on May 14, sending it to the full Senate for a complete vote.
What you need to know:
-- The 13 Republican members of the committee voted in favor, joined by two Democrats, indicating genuine bipartisan support.
-- The bill aims to clearly define the jurisdictions of the SEC and the CFTC over digital assets, a friction point that has gone unresolved for years.
-- It includes specific protections for DeFi protocol developers, something the industry has been demanding since the first enforcement actions.
-- According to Polymarket data, the implied probability of it becoming law during 2026 has risen to 74%.
The next step is reconciliation with the version approved by the House of Representatives before sending it to the president for signing.
If passed, it would be the first comprehensive crypto legislation in the United States. The market is already pricing in that scenario.
#CLARITYActPassesSenateCommittee