Digital Chamber sends a letter to the Senate: Requesting that the CLARITY Act be advanced to the consideration stage

The Chamber of Digital Commerce sent a letter to the Senate Banking Committee on April 20, 2026, urging the committee to move the digital asset market structure legislation forward to the formal markup stage and to publish a public statement simultaneously on the X platform. The letter was also sent to the committee’s chair Tim Scott and others.

Letter Recipients and Core Demands

According to the Chamber of Digital Commerce’s public statement on the X platform, the letter states: “Today, we are writing to the Republican leadership of the Senate Banking Committee to urge the committee to move digital asset market structure legislation forward to the consideration stage, and to continue to improve the bill in a transparent, cautious, and bipartisan manner.”

The recipients confirmed in the letter include:

Chair of the Senate Banking Committee: Tim Scott (Republican)

Ranking Member of the Senate Banking Committee: Elizabeth Warren (Democrat)

Chair of the Digital Assets Subcommittee: Cynthia Lummis (Republican)

Ranking Member of the Digital Assets Subcommittee: Ruben Gallego (Democrat)

Background on the CLARITY Act Legislative Process

According to publicly available congressional records, the “Clarity in Digital Asset Markets Act” (CLARITY Act) passed the U.S. House of Representatives on July 17, 2025, by a vote of 294 to 134. As of April 20, 2026, more than 270 days have passed since the bill was passed in the House, and the bill is still stalled in the Senate Banking Committee. Existing contentious provisions include limits on stablecoin yield, the allocation of regulatory jurisdiction, and potential legal liability for software developers.

In the letter, the Chamber of Digital Commerce noted that the 119th Congress is well underway and cited the House’s bipartisan-supported vote results to argue that the committee should move forward with procedural consideration.

Key Arguments in the Letter

In the concluding section of the letter, the Chamber of Digital Commerce states: “This action is essential to provide the clarity that is so important for the more than 8B Americans who have embraced digital assets, and it will also reinforce America’s leadership in responsible innovation and the next generation of financial technology.” The letter emphasizes that lawmakers and stakeholders have already invested a great deal of time in the complex issues of the relevant framework, and that at this stage the legislative process needs to be advanced through procedural action.

Frequently Asked Questions

What are the specific date and demands of the Chamber of Digital Commerce’s letter to the Senate?

According to the Chamber of Digital Commerce’s public statement on the X platform and its formal letter dated April 20, 2026, the organization sent a letter to the Senate Banking Committee on that date urging the committee to move the CLARITY Act forward to the formal markup stage and to improve the bill in a transparent, cautious, and bipartisan manner.

What is the current legislative status of the CLARITY Act?

According to publicly available congressional records, the CLARITY Act passed the House of Representatives on July 17, 2025, by a vote of 294 to 134, and as of April 20, 2026 it has been stalled in the Senate Banking Committee for more than 270 days. The main existing disputes include limits on stablecoin yield, the allocation of regulatory jurisdiction, and provisions regarding developer liability.

Which Senate members did the Chamber of Digital Commerce’s letter go to?

According to the Chamber of Digital Commerce’s public statement, the letter was sent to: Tim Scott, chair of the Senate Banking Committee (Republican), Elizabeth Warren, the ranking member (Democrat), Cynthia Lummis, chair of the Digital Assets Subcommittee (Republican), and Ruben Gallego, the ranking member (Democrat).