The Digital Chamber has mobilized a coalition of more than 100 crypto firms to urge the U.S. Senate to pass the CLARITY Act, framing the bill as the industry’s best chance this year to secure federal market-structure rules. The group is pressing for action ahead of the Senate’s summer recess to lock in regulatory clarity for digital assets.
The push follows a key procedural win: the Senate Banking Committee advanced H.R. 3633, the Digital Asset Market Clarity Act, in a 15–9 bipartisan vote on May 14, sending the measure toward a full Senate floor debate. The bill previously cleared the House by a 294–134 margin in July 2025.
The Digital Chamber is coordinating with the Crypto Council for Innovation, the Blockchain Association and other industry groups. Those organizations are targeting swing-vote senators in the Banking Committee and working the broader Democratic caucus, emphasizing that bipartisan backing will be essential to reach the 60 votes needed to overcome a filibuster on the floor. Stand With Crypto has also launched constituent outreach to build public pressure.
A central industry argument is that the CLARITY Act would move an informal pattern of regulatory pressure—often described by advocates as “Operation Choke Point 2.0”—into formal rulemaking, creating clearer, more consistent standards for market participants.
Two major obstacles remain. Senator Elizabeth Warren has opposed the bill, raising concerns about what she describes as insufficient anti-money-laundering protections and unresolved ethics language related to officials’ potential financial ties to crypto, including provisions tied to the Trump family’s crypto dealings. Digital Chamber CEO Cody Carbone has said the ethics issue will be resolved before the bill reaches the floor, and Senator Cynthia Lummis has suggested a floor vote could come by August.
Legislatively, the Banking Committee’s version still needs to be reconciled with a separate Senate Agriculture Committee bill, secure 60 votes on the Senate floor, and then be reconciled with the House text. With Congress approaching its summer recess, supporters are racing a narrowing calendar to get the CLARITY Act across the finish line this session.