The US Senate Banking Committee released the full 309-page draft of the Clarity Act on Tuesday, May 12, 2026, making public the cryptocurrency market structure bill it has been developing since January. Committee members now have until close of business Wednesday to file amendments before the scheduled Thursday markup vote. The legislation had previously circulated among industry stakeholders behind closed doors.

The Clarity Act represents a major regulatory effort to establish clear federal framework for digital asset classification and oversight. The bill’s public release marks a critical step in the legislative process, allowing committee members and the broader crypto industry to formally review and respond to the proposal before markup proceedings begin.

Sources: CoinDesk | Eleanor Terrett (X/Twitter) | WatcherGuru (X/Twitter)

This article was generated automatically by The Defiant’s AI news system from publicly available sources.