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Republican Amendment to CLARITY Act Passes 18-6 in Senate Banking Committee on May 15

GateNews

Regulation & Policy

2026-05-14 16:54:04

ACT2.61%

IN0.48%

ON-12.85%

According to BlockBeats, on May 15, Senate Republicans’ amendment to the CLARITY Act passed with 18 votes in favor and 6 opposed during the Senate Banking Committee hearing. The amendment establishes SEC and CFTC regulatory frameworks for digital commodity offerings and sales, including investor and consumer protection enforcement.

Democratic Senator Warren opposed the amendment, stating it strips states of enforcement authority and contains exceptions and loopholes that render it largely ineffective. She argued that state-level enforcement remains the primary defense against fraud as the crypto industry grows.

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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Steadfast HODL💎

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