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Milestone Victory in Cryptocurrency
【Plain Language Guide】On May 14, 2026, the U.S. Senate Banking Committee voted 15-9 in a historic bipartisan vote to pass the Clarity Act (CLARITY Act). The bill clarifies the boundaries between the SEC and CFTC, providing key exemptions and safe harbors for token commodities, DeFi, and software developers.
Pantera Capital pointed out that this is the most comprehensive federal crypto regulatory framework, which, together with the Genius Act, will form the legal foundation for institutional capital inflows, tokenization, and compliant custody development over the next decade, driving American-led crypto innovation.
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