US Senate’s digital asset market rules nearing the finish line
Tech US Senates digital asset market rules nearing the finish line The U.S. took a big step closer to a regulated digital asset market following a Senate committee vote, but President Trumps crypto profiteering could yet derail this train. On Thursday, the Senate Banking Committee voted to advance its Digital Asset Market Clarity Act (CLARITY) following two-plus hours of often heated debate over dozens of proposed amendments filed earlier this week. Crucially, the vote was 15-9 in favor, with two Democrats—Michelle Alsobrooks (D-MD) and Ruben Gallego (D-AZ)—breaking ranks to vote ‘aye’ alongside all 13 Republican committee members. However, both Alsobrooks and Gallego stated for the record that their committee votes were no guarantee of similar approval when CLARITY reaches the floor for a vote by the full Senate. There, it will require 60 votes to pass, meaning at least seven Dems would have to vote in favor, assuming all 53 GOP senators vote in lockstep. Following the vote, Alsobrooks acknowledged that “the digital revolution is upon us … and the truth is this digital revolution is happening with us or without us.” But “my vote today is a vote to keep working in good faith. It does not mean that Ill be voting for the








