The U.S. Senate is advancing the Digital Asset Market Clarity Act (CLARITY Act), a bipartisan bill aimed at providing long-sought regulatory framework for cryptocurrencies, as reported by Cryptocurrency Press on November 11, 2025. Co-led by Senators John Boozman (R-AR) and Cory Booker (D-NJ) in the Agriculture Committee, the legislation builds on the House-passed H.R. 3633 from July 2025, which cleared with a 294-134 vote, including 78 Democrats. Senate Banking Committee Chairman Tim Scott (R-SC), alongside Cynthia Lummis (R-WY), Bill Hagerty (R-TN), and Bernie Moreno (R-OH), released a discussion draft of the Responsible Financial Innovation Act of 2025 on July 22, incorporating feedback from industry stakeholders. This unified approach seeks to resolve jurisdictional overlaps between the SEC and CFTC, fostering innovation while enhancing consumer protections.
The CLARITY Act classifies digital assets as either commodities (e.g., Bitcoin) under CFTC oversight or securities under the SEC, providing clear guidelines for token classification and exchange operations. Key features include:
These measures address $272M in U.S. crypto fraud losses in 2024, per Illinois’ recent laws, and could unlock $1T in institutional capital by 2026. Bipartisan support, with 12+ Democrats backing amendments, signals strong momentum, per Senator Lummis’ subcommittee hearings.
The bill’s progress has boosted optimism, with Bitcoin (BTC) at $113,234 (down 2.78%) and Ethereum (ETH) at $4,070 (down 5%), amid profit-taking before Jackson Hole. XRP ($2.29) and Solana (SOL) ($184.50) face ETF delays until October 2025, but clarity could spur approvals, per Bloomberg (95% likelihood). Traditional institutions like BlackRock and Fidelity may increase crypto involvement, potentially driving BTC to $150,000 by 2026, per Techopedia. Critics like Elizabeth Warren warn of insufficient CFTC resources, but proponents like Lummis hail it as the “most important digital asset legislation.”
With a Senate Agriculture Committee vote targeted before Thanksgiving and full floor action by year-end (25% Polymarket odds), the bill could harmonize with the GENIUS Act, per. Monitor Senate Banking markup in September and Agriculture in October via congress.gov. For investors, dollar-cost average into BTC or ETH with stop-losses below $112,000 and $4,000, or diversify into USDC, per TradingView. Follow @TheBlock__ on X for updates. Passage could reduce regulatory arbitrage, boosting DeFi and stablecoins, but delays risk short-term volatility.
