A Senate committee move has kept the CLARITY Act alive, but the bill still faces the harder part of the process: turning committee momentum into broader Senate action and, eventually, a real federal framework for crypto market structure.
As Congress weighs crypto legislation, Aaron Klein says the CFTC needs more resources, independence and coordination to oversee digital markets.
The reason this matters is that the CLARITY debate sits inside one of the biggest unresolved questions in U.S. digital-asset policy: which regulator should control what, how tokens should be classified, and whether crypto firms can operate under a clearer rule set than the one that exists today.
That is why a committee advance is meaningful without being decisive. It suggests the issue is still moving in Washington, but it does not guarantee floor time, durable vote support, or agreement on the details that usually become more contested as legislation gets closer to a chamber-wide decision.
For the industry, the real signal is not the headline burst from committee alone. It is whether this step leads to sustained Senate engagement and a more credible path toward settling the oversight and market-structure fight that has hovered over the sector for years.
Source: https://www.coindesk.com/policy/2026/05/29/clarity-act-risks-regulation-without-oversight-brookings-fellow-says
Source type: Approved crypto-news source
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