US Crypto Clarity Act Heads to Senate Floor Vote — Expected Late April After Senate Returns from Recess

The landmark US Digital Asset Market Clarity Act, which has been stuck in legislative limbo since passing the House in 2025, is now expected to receive a full Senate floor vote before the end of April 2026, following the Senate's return from Easter recess on April 13. Senate Majority Leader reported that the bill has secured at least 55 pledged votes — comfortably above the 51 needed for simple majority passage. The bill would formally divide regulatory jurisdiction between the SEC and CFTC, establishing clear rules for when a digital asset is classified as a security versus a commodity. For the crypto market, passage would unlock a pipeline of altcoin ETFs currently waiting for regulatory clarity, particularly for SOL, XRP, ADA, and AVAX — all of which have pending ETF applications at the SEC. Analysts estimate passage could inject $20–40 billion in new institutional capital into the broader crypto market within 6 months. The bill still faces a potential presidential veto threat from Democratic senators who want stronger stablecoin yield restrictions, but White House sources indicate President Trump would sign the bill in its current form. The Senate debate is expected to focus heavily on the GENIUS Act stablecoin provisions, which would require one-to-one reserves in liquid assets like US Treasury bills — a provision that has bipartisan support.