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Democratic Senators Led by Warren Submit Over 100 Amendments Against CLARITY Act's DeFi Protections

GateNews

Regulation & Policy

2026-05-14 02:49:35

According to BlockBeats, on May 14, Democratic senators led by Elizabeth Warren submitted over 100 amendments ahead of today’s U.S. Senate Banking Committee review of the CLARITY Act, targeting core DeFi protection provisions including blockchain regulatory certainty, non-custodial developer safeguards, and expanded BSA/AML obligations.

Republican lead negotiator Senator Lummis stated both parties have reached consensus on 99% of the bill’s content, with hopes to advance committee approval and address remaining disagreements later. The Senate Banking Committee hearing is expected today to proceed along party lines, with five pro-crypto Democratic senators’ final votes remaining uncertain.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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