Rewritten Crypto Clarity Act Could Land in the Senate as Soon as Next Week

Senators may release a merged Clarity Act next week

According to CoinDesk, U.S. senators may release a new version of the Digital Asset Market Clarity Act as soon as the week of July 20, 2026. People following the effort told the outlet that the bill's advocates expect it to reach the Senate floor that same week. The timeline rests on unnamed legislative staffers, so the schedule stays provisional until lawmakers publish the text. No floor vote has been scheduled, and no cloture motion has been filed.

Merged text combines two Senate committee bills

The updated draft merges work from the Senate Banking and Agriculture committees, the two panels that shaped the chamber's approach to crypto rules. It is not a simple combination of the bills each committee passed earlier in 2026. Members instead negotiated the outstanding issues, and the Agriculture Committee text needed more work because it advanced on party lines. The revised bill reportedly adds more than 70 pages and puts more emphasis on consumer protections.

Committees advanced rival market-structure bills this year

The Senate Banking Committee advanced its version in a bipartisan vote on May 14, 2026, while the Senate Agriculture Committee passed a separate market-structure bill on party lines. Both texts split oversight of digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), but they differed on detail. Combining them into one bill is the step lawmakers now aim to finish before any Senate floor debate begins.

Section 604 shields non-custodial developers from money rules

A central piece is the Blockchain Regulatory Certainty Act (BRCA), which sits inside the Clarity Act as Section 604. The provision would stop blockchain developers who do not hold customer assets from being treated as money transmitters under federal law. On July 9, 2026, Senator Ron Wyden urged Senate leaders to keep Section 604 exactly as the Banking Committee advanced it. More than 60 industry executives had earlier signed a letter backing the same protection, though some law enforcement groups oppose it.

Ethics and preemption disputes block a 60-vote threshold

Supporters still face real hurdles before any floor vote. The bill needs 60 votes to overcome a Senate filibuster, so backers must win several Democratic votes. Outstanding issues include an ethics provision on government officials' crypto holdings, federal preemption, and appointments to the SEC and the CFTC. Even two Democrats who voted to advance the Banking version warned they may reject the final text. The White House has not signed off on the merged draft.

Bitcoin traded near $63,900 at time of publication

Bitcoin traded at $63,928 at the time of publication, up 2.1% over the past 24 hours (CoinPaprika, 10 July 2026). The token was up 3.7% over the previous seven days, with a market capitalization near $1.28 trillion. Market-structure bills like the Clarity Act set how U.S. regulators divide oversight of digital asset trading between the SEC and the CFTC.

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