News Nation
By Rob Taub
Updated: May 19, 2026 / 10:04 PM CDT
(NewsNation) — The cryptocurrency industry recently had a big moment as the Senate Banking Committee advanced the Clarity Act last week.
The advanced legislation gained support from two Democrats — Sen. Ruben Gallego and Maryland Sen. Angela Alsobrooks — after all Republicans on the committee voted in its favor.
The bill will now proceed to the full Senate after the House passed its version of the Clarity Act last year.