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Crypto Market Structure Bill Faces 60-Vote Senate Hurdle
Rep. French Hill pushes Senate to vote on crypto market structure bill before August recess. The CLARITY Act needs 60 votes after passing the House 294-134.
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The CLARITY Act, which passed the House with broad bipartisan support, now faces its toughest test in the Senate where 60 votes are needed.
Rep. French Hill, the Republican chairman of the House Financial Services Committee, is pressing Senate leadership to bring the Digital Asset Market Clarity Act to a floor vote. The Arkansas congressman wants the bill scheduled for July 2026, before Congress breaks for its August recess.
The bill, formally known as H.R. 3633, attempts to answer the question that has plagued the crypto industry for years. Is a digital asset a security or a commodity?
The CLARITY Act creates defined roles for each agency. It establishes consumer protections and carves out pathways for decentralized networks to operate within a federal framework.
Hill originally introduced the bill on May 29, 2025. It moved through the House with surprising speed and landed a floor vote on July 17, 2025. The CLARITY Act passed the House 294-134, with 216 Republicans and 78 Democrats voting in favor.
Since then, the bill has been grinding through the Senate's committee process. The Agriculture Committee advanced its version on January 29, 2026. The Banking Committee followed suit on May 14, 2026, approving the bill with a tighter 15-9 vote.