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Update on the CLARITY Act

Updated: Jun 7

Intro


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. Being led by Chairman Tim Scott, the passing of the bill marks a turning point for digital assets, aiming to finally be out of the “grey zone” the bill has been in for months. Now that the bill has been cleared by the House, the divide now sits with the SEC and CFTC. If regulations and rulesets can come to an agreement between the two, then we should see no trouble in the future with the Act being put into fruition.


SEC unveils framework for on-chain systems


Parallel to the advances with the CLARITY Act, the SEC has introduced a modern framework for blockchain technologies. The commission issued new regulations to clarify how securities laws apply to decentralized networks. The new framework introduces a new token taxonomy, defining how stablecoins and digital assets operate outside of your traditional securities laws. This is huge for the crypto market, because there was a massive grey area when the laws of the traditional markets were blended in with digital assets. The SEC has officially declared the exact mechanisms of the contract, giving investors clear entry and exit parameters so that assets can be identified with its correct status.


Connecting Equity Markets and Blockchain Innovation


Furthering its commitment to integrating crypto into capital markets, the SEC also rolled out a tokenized stock innovation exemption. This exemption creates a pathway for platforms to trade digital tokens that are tied to publicly traded companies. If we follow prior equity markets that have introduced token collaboration like the NYSE and Nasdaq, this new exemption is specifically tailored for crypto platforms. By offering a new framework with temporary rulesets that help users understand tokens more, it should help people break into digital assets. The SEC is aiming for the finish line, looking forward to 24/7 trading, accelerated settlement times, and introducing fractional ownership for users across the United States.



May 22, 2026




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