US Senate Drops 309-Page Crypto CLARITY Act Draft Ahead of May 14 Vote
Senate Banking Committee’s 309-page CLARITY Act draft targets a May 14 markup vote. The bill assigns SEC authority over new token sales and CFTC control over all secondary trading. Passage on May 14 would send the CLARITY Act to a full Senate floor vote before end of 2026. Drawing Permanent Lines Between SEC and CFTC
