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Senate Releases Compromise CLARITY Act Draft Covering Stablecoins and DeFi
RegulationNews3 min readAI-assisted

Senate Releases Compromise CLARITY Act Draft Covering Stablecoins and DeFi

A revised Senate draft of the Digital Asset Market Clarity (CLARITY) Act merges Banking and Agriculture Committee proposals, combining regulatory certainty for

August 7, 2026Source: pymnts.com

The Senate's latest compromise draft of the Digital Asset Market Clarity (CLARITY) Act attempts to bridge disputes that have stalled comprehensive U.S. digital asset legislation, according to a new analysis by Ashurst Perkins Coie.

The revised text pairs expanded regulatory certainty for the cryptocurrency industry with stronger consumer protection, anti-money laundering and ethics provisions.

Released July 22, the draft merges previously separate Senate Banking Committee and Agriculture Committee proposals into a single framework governing securities regulation, commodities markets, banking, stablecoins and decentralized finance (DeFi).

Key elements of the draft

  • Combines Banking and Agriculture Committee proposals into one unified framework
  • Covers securities regulation, commodities markets, banking, stablecoins and DeFi
  • Adds new provisions addressing fraud
  • Strengthens consumer protection, anti-money laundering and ethics requirements

The move to consolidate the two committees' approaches reflects an effort to resolve jurisdictional and policy disagreements that have previously prevented broader digital asset legislation from advancing in the Senate.

Source: PYMNTS

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