U.S. Senate Banking Committee advances the Clarity Act in a 15-9 vote on July 20, 2026
On July 20, 2026, the U.S. Senate Banking Committee passed the Clarity Act by a 15-9 vote. The bill seeks to define whether digital assets are securities, creating a federal framework for regulatory determinations affecting exchanges, issuers and developers. It now heads to the full Senate for consideration and has not become law. The measure was framed as relevant to BTC and XRP, with XRP’s status tied to longstanding SEC litigation while BTC is often treated as a non-security example.