The Senate Banking Committee voted 15-9 to advance the Digital Asset Market Clarity Act on May 17. The move signals progress toward a regulatory framework for cryptocurrencies in the United States, though the bill still requires a full Senate vote.
The National Cryptocurrency Association described the markup as a trust catalyst for retail adoption. Ali Tager, the group's VP of External Affairs, said meaningful progress toward clearer safeguards signals to consumers and businesses that crypto will operate under predictable oversight, just as traditional banks do. The NCA's 2026 State of Crypto Holders Report found that more than 67 million American adults now own cryptocurrency, with 87 percent actively using it this year.
