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Digital Chamber pushes Senate on CLARITY Act

The Digital Chamber, along with a group of cryptocurrency companies, is urging the Senate to approve the CLARITY Act.

Summary

  • The Digital Chamber is leading more than 100 crypto firms urging Senate passage of the CLARITY Act.
  • The coalition wants action before the Senate’s summer recess to lock in regulatory clarity.
  • The Senate Banking Committee already advanced the bill in a bipartisan 15-9 vote on May 14.

The Digital Chamber is actively lobbying the US Senate to approve the CLARITY Act. They believe this bill represents the final opportunity this year for establishing clear federal rules for the cryptocurrency market.

This progress comes after a significant step forward for the bill. The Senate Banking Committee approved H.R. 3633, known as the Digital Asset Market Clarity Act, with a strong bipartisan vote of 15 to 9, clearing the way for a debate and vote by the full Senate.

What the Digital Chamber is asking for

Three industry groups – the Digital Chamber, the Crypto Council for Innovation, and the Blockchain Association – are each lobbying key senators, particularly those on the Banking Committee and those who might be undecided within the Democratic party. They believe securing support from both Democrats and Republicans is essential to overcome the 60-vote threshold needed to pass legislation.

A group of industry representatives recently warned the Senate Banking Committee about what they’re calling “Operation Choke Point 2.0.” This refers to unofficial pressure tactics used by federal regulators. A new bill aims to make these tactics subject to formal rules and public review. The advocacy group Stand With Crypto is also encouraging people to contact their lawmakers about this issue.

As we previously covered, the bill received a unanimous vote from the Banking Committee, with support from both Democrats and Republicans. It then passed the House with a vote of 294 to 134 in July 2025.

What stands in the way

There are still two main problems with the bill. Senator Elizabeth Warren is against it because it doesn’t do enough to prevent money laundering and because of concerns about officials potentially benefiting financially from cryptocurrency. A particular issue is language related to the Trump family’s involvement with crypto.

Cody Carbone, CEO of the Digital Chamber, has stated that lawmakers aim to finalize an ethics agreement before bringing the bill to a vote, as they’ll likely want to ensure they have enough support – around 60 votes – first. Senator Cynthia Lummis has suggested a vote could happen as early as August.

The bill passed by the Banking Committee still needs to be combined with a similar version from the Senate Agriculture Committee, get at least 60 votes in the Senate, and then be reconciled with any version passed by the House of Representatives. Crypto.news has been following the process closely, noting that time is running out as Congress approaches its summer recess.

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2026-05-29 03:48