Stand With Crypto and more than 200 companies and organizations sent a letter to the Senate urging them to schedule the Digital Asset Market Clarity Act for a full Senate vote.
Treasury Secretary Scott Bessent told the Senate Finance Committee that the Trump administration is moving forward with a Strategic Bitcoin Reserve and urged Congress to pass the BITCOIN Act and Clarity Act to solidify and expand the effort.
The Senate Banking Committee advanced the Digital Asset Market Clarity Act in a bipartisan 15–9 vote Thursday, with Sens. Ruben Gallego and Angela Alsobrooks joining Republicans to move the sweeping crypto market structure bill forward.
The Senate crypto bill faces a high-stakes markup this Thursday as lawmakers debate 100+ amendments that could determine the future of U.S. digital asset regulation.
The Senate Banking Committee released the full 309-page text of the Digital Asset Market Clarity Act ahead of Thursday’s markup, setting up a high-stakes battle over stablecoin yield rules.
Speaking at The Bitcoin Conference, Senator Cynthia Lummis framed Bitcoin as “freedom money,” signaling that Senate lawmakers are preparing a May markup of the long-delayed Clarity Act.