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US Senate nears vote on Clarity Act to regulate Bitcoin and digital assets more transparently and safely

Market News
09 Jun 2026
Crypto Briefing
View Source
Bullish
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Senator Tim Scott is advancing the Digital Asset Market Clarity Act, aiming to clarify regulatory roles between the SEC and CFTC for digital assets like Bitcoin. The bill passed the House with strong bipartisan support and cleared the Senate Banking Committee, now awaiting a full Senate vote. It seeks to provide clearer rules, enhance consumer protections, and combat illicit finance, positioning the US as a global crypto leader. If passed, it would give companies a clear compliance path and shift oversight of digital commodities primarily to the CFTC.

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