CLARITY Act Tracker
Track the legislative progress of the CLARITY Act and understand its impact on digital asset regulation.
July 4 Deadline Has Slipped — August Recess Now the Target
The original White House July 4, 2026 deadline has slipped. Passage before the August congressional recess is now the primary focus, though Senate leadership has not scheduled a floor vote. The bill is on the Senate Legislative Calendar (No. 423) and eligible for a vote — 60 votes required, meaning ~9-10 Democrats must join all Republicans. Talks over conflict-of-interest and ethics provisions broke down on June 9, 2026, and negotiations continue on stablecoin yield language and DeFi/developer-protection provisions. Separately, the House Digital Assets Subcommittee holds a field hearing on July 17, 2026 in New York — a promotional event, not a vote.
Frequently Asked Questions
What is the CLARITY Act?+
The CLARITY Act (H.R. 3633, the Digital Asset Market Clarity Act of 2025) is a U.S. market-structure bill for digital assets. It grants the CFTC jurisdiction over digital commodity spot markets, keeps SEC authority over investment-contract assets, and creates a path for tokens to move from security to commodity status as their networks decentralize.
Has the CLARITY Act passed?+
Not yet — it is still moving through Congress. The House passed it on July 17, 2025 by a 294-134 vote. The Senate Banking Committee approved it 15-9 on May 14, 2026, and on June 1, 2026 it was officially placed on the Senate Legislative Calendar (No. 423). It is now eligible for a full Senate floor vote, where 60 votes are required, though leadership has not yet set a date.
What would the CLARITY Act change for my token?+
It draws clearer lines: tokens treated as digital commodities fall under the CFTC, while investment-contract assets stay with the SEC. It also adds a multi-year decentralization safe harbor, consumer-protection standards for exchanges, a de minimis tax exemption for small transactions, and a federal innovation sandbox.
When will the CLARITY Act become law?+
The original White House target of July 4, 2026 has slipped. Passage before the August 2026 congressional recess is now the primary focus, though no Senate floor vote has been scheduled. Negotiations over conflict-of-interest and ethics provisions broke down on June 9, 2026, and Senate staff are still reconciling the Banking and Agriculture Committee versions of the bill. Other sticking points — stablecoin yield language, DeFi/developer-protection provisions, and the Republican whip count — remain under negotiation.
What is the July 17, 2026 field hearing?+
The House Financial Services Committee's Digital Assets Subcommittee is holding a field hearing titled "Building the Future of Finance: How the CLARITY Act Unlocks Innovation" on July 17, 2026 at 10:00 AM ET in New York, NY. This is an oversight and promotional event — not a vote — intended to build public and industry support for the bill as the Senate deliberates.