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    Home»CNI»CLARITY Act Nears Senate Vote with 52% Support as US Crypto Rules Gain Momentum
    CNI

    CLARITY Act Nears Senate Vote with 52% Support as US Crypto Rules Gain Momentum

    Simran MishraBy Simran MishraMay 8, 2026No Comments3 Mins Read
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    CLARITY Act Nears Senate Markup as 52% Support Crypto Rules, SEC–CFTC Split & Stablecoin Debate Intensify

    The CLARITY Act is moving closer to a key Senate vote as support for crypto rules grows across the United States. A new HarrisX survey showed that 52% of voters support the bill. Only 11% said they oppose it. The results have increased pressure on lawmakers to take action soon.

    The Senate Banking Committee is expected to hold a markup session later this month. During this stage, senators review the bill, discuss changes, and prepare it for a full Senate vote. Reports said some crypto industry members already received the latest draft text for feedback.

    Senate Prepares For Key Review

    Crypto reporter Eleanor Terrett shared the update on social media after speaking with sources close to the matter. According to the report, lawmakers are still making changes to some parts of the bill before the committee meeting begins.

    The CLARITY Act focuses on creating clear rules for digital assets and crypto companies. The bill would divide control between the SEC and CFTC. It would also explain which digital assets count as securities, commodities, or stablecoins. Many crypto firms believe the law could remove confusion and help the industry grow faster.

    The House passed the bill in July 2025 with support from both Republicans and Democrats. However, the Senate delayed progress because lawmakers could not agree on some important issues.

    Stablecoin Debate Continues

    One of the biggest debates involves stablecoin rewards. Senators Thom Tillis and Angela Alsobrooks recently worked on a compromise plan. The proposal would block stablecoins from offering traditional bank-style interest. Still, it would allow rewards linked to certain activities.

    Banking groups continue to oppose the proposal. They believe stablecoin rewards could move large amounts of money away from banks. Some lawmakers also want stricter ethics rules in the bill. They argue that government officials should not benefit from crypto-related business ties.

    Public Support For Crypto Rules Grows

    Public support for crypto regulation remains strong. The HarrisX survey found that 70% of Americans believe the country already needs clear crypto laws. Many voters also want the United States to lead the global digital finance market instead of falling behind other countries.

    The poll also showed support from Democrats, Republicans, and independent voters. Around 37% of people said they would more likely support a senator who votes for the CLARITY Act. Among crypto holders, support for the bill was even higher.

    Industry experts believe the next few weeks are very important for the legislation. If lawmakers delay the process again, the bill could lose momentum as election campaigns intensify later this year.

    The upcoming Senate Banking Committee meeting may now decide the future of one of the biggest crypto regulation bills in the United States.

    Disclaimer : Crypto News India does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

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    Simran Mishra

    I am a content analyst and crypto journalist with over 3 years of experience covering blockchain, Web3, DeFi, and emerging digital asset trends. My SEO-driven reporting and curiosity for deep tech help me deliver clear, credible insights in the fast-evolving crypto space. Beyond Web3 journalism, I express my creativity through poetry and a deep passion for the arts.

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