Clarity Act clears Senate as Bitcoin hits $82K
The Clarity Act cleared the Senate Banking Committee 15 to 9 on Thursday, sending Bitcoin above $82,000 for the first time in weeks.The Senate Banking Committee advanced the Clarity Act in a bipartisan 15 to 9 vote, with two Democrats crossing the aisle to back the bill.Bitcoin climbed above $82,000 following the committee vote before pulling back to around $81,500, up roughly 2.5% on the day.Unresolved ethics provisions and a 60-vote Senate floor threshold remain as the bill moves toward a full Senate vote ahead of May 21 recess. The Clarity Act advanced out of the Senate Banking Committee on Thursday in a 15 to 9 bipartisan vote, clearing a critical legislative gate for the most significant crypto market structure bill in US history. Bitcoin (BTC) climbed above $82,000 following the vote before retreating slightly to around $81,500, up approximately 2.5% on the day. Two Democratic senators crossed the aisle to back the bill alongside all 13 Republicans on the committee. Chairman Tim Scott had described securing all 13 Republican votes as “the red zone,” with Senator John Kennedy having withheld support in the days leading up to the session. Cody Carbone, who heads the Digital Chamber, told reporters the unresolved ethics provision