# CLARITYActPassesSenateCommittee

On May 14, the Senate Banking Committee passed the CLARITY Act by a 15 to 9 vote, advancing it to a full Senate vote. All 13 Republican committee members voted in favor, joined by two Democrats. The bill aims to clarify SEC and CFTC jurisdiction and provide protections for DeFi protocol developers. Polymarket data shows the implied probability of the bill becoming law in 2026 has risen to 74 percent. The next step is to reconcile with the House version before it can be sent to the president for signature.