A broad alliance of cryptocurrency companies, spearheaded by the Digital Chamber, is intensifying efforts to persuade the U.S. Senate to approve the CLARITY Act. The trade association characterizes this legislation as the crypto sector’s most viable chance this year to establish federal market structure regulations.
This push follows a notable milestone: the Senate Banking Committee voted 15-9 along bipartisan lines to advance H.R. 3633, known as the Digital Asset Market Clarity Act. The bill now moves toward a full Senate vote, which the coalition hopes to secure before the upcoming summer recess.
The Digital Chamber, together with the Crypto Council for Innovation and the Blockchain Association, is executing coordinated lobbying strategies targeting undecided senators on the Banking Committee, particularly within the Democratic caucus. Bipartisan backing is seen as essential to overcome the 60-vote threshold needed for passage.
In a letter sent to the Senate Banking Committee last month, the coalition drew attention to what industry leaders term “Operation Choke Point 2.0″—an informal regulatory campaign that the CLARITY Act would replace with formal rulemaking procedures. Stand With Crypto has also mobilized constituents to press their senators.
Earlier reporting by crypto.news highlighted the committee vote, where Democrat Ruben Gallego joined all 13 Republican members in support. The bill previously cleared the House with a 294-134 vote in July 2025.
However, two obstacles remain. Senator Elizabeth Warren has voiced opposition, citing insufficient anti-money laundering safeguards and unresolved ethics concerns regarding potential profiting from digital assets by public officials. The ethics issue, linked to the Trump family’s crypto ventures, remains a contentious point that lawmakers must address.
Digital Chamber CEO Cody Carbone has stated that the ethics agreement will be finalized before the bill reaches the floor, as leaders will only bring it up if they are confident of securing 60 votes. Senator Cynthia Lummis has indicated that a floor vote could occur by August of this year.
The path forward involves merging the Banking Committee’s version with a separate bill from the Agriculture Committee, achieving the 60-vote majority, and then reconciling differences with the House-passed text. The legislative calendar is tight, with summer break approaching, making timely action critical.