The legal battle between Custodia Bank and the Federal Reserve has emerged as one of the most consequential financial cases of the decade.

The cryptocurrency sector took a major step towards the finish line, giving users more clarity with the historic vote on Capitol Hill. The CLARITY Act has successfully advanced out of the Senate Banking Committee, with the bipartisan voting 15-9.

The Digital Asset Market Clarity (CLARITY) Act was first introduced on May 29, 2025, by Arkansas Congressman French Hill and was designed to create a clear foundation for digital assets.