Guides
CLARITY Act explained: what the crypto market bill would do and why it stalled
The CLARITY Act, H.R. 3633, would write into law which crypto assets and platforms the SEC oversees and which fall to the CFTC. As of November 2, 2026, it is stuck in the Senate after a 49 to 50 vote to start debate failed on September 15.
Policy
49 to 50: why not one Democrat voted to start debate on the CLARITY Act
The Senate fell 11 votes short of the 60 needed to take up America's crypto market structure bill on September 15. Democrats who backed it in committee said the ethics rules for the president were too thin.