Stand With Crypto announced July 27 that senators' votes on the CLARITY Act will be recorded in its public scorecards on behalf of 3 million U.S. advocates. The organization stated each senator's vote will become part of its public lawmaker ratings for crypto owners to compare candidates ahead of November elections. With less than 100 days remaining before the midterm elections, Stand With Crypto is positioning the CLARITY Act vote as a critical metric for evaluating lawmakers' digital asset policy positions.
Senate Banking Committee Advanced CLARITY Act 15-9 on May 14
The Senate Committee on Banking, Housing, and Urban Affairs advanced its amended market structure legislation by a 15-9 vote on May 14, sending the measure to the full Senate for consideration. That bipartisan committee vote reflected negotiations over federal oversight, investor protections, enforcement authority, and operating requirements for digital asset businesses. The bill now awaits a vote before the full Senate. Under the proposed framework, federal regulators would receive defined responsibilities covering different digital assets, while exchanges and intermediaries would encounter registration, disclosure, and customer-protection obligations.
Survey Shows 8 in 10 Crypto Owners Plan to Vote in November
A Stand With Crypto report on midterm voter sentiment found that nearly eight in 10 cryptocurrency owners considered themselves almost certain to vote. Nearly 70% indicated that a candidate's crypto position would influence their choice, while 73% closely tracked which digital asset policies lawmakers supported. Another 59% identified themselves as voters who do not consistently support one party, potentially giving cryptocurrency policy greater relevance in closely contested congressional races. Those findings strengthen the potential influence of the scorecards, particularly in competitive races where politically unaffiliated crypto owners could compare candidates using their recorded CLARITY Act positions.
CLARITY Act Faces Two-Week Legislative Window Before August Recess
The campaign arrives during a two-week legislative window before the August recess, with ethics provisions involving public officials remaining central to negotiations among lawmakers. Several Democratic lawmakers have sought stronger ethics and consumer safeguards, creating a difficult vote count as supporters pursue the 60 senators generally required for advancement. Galaxy Research lowered its estimated 2026 passage probability for the CLARITY Act to 30% as the Senate vote faces challenges involving timing, bipartisan support, and unresolved provisions. For senators, the approaching vote now carries two consequences: determining whether the legislation advances and establishing the score that Stand With Crypto will present to millions of advocates.
FAQ
What did Stand With Crypto announce on July 27?
Stand With Crypto announced July 27 that senators' votes on the CLARITY Act will be recorded in its public scorecards on behalf of 3 million U.S. advocates. Each senator's vote will become part of its public lawmaker ratings, which crypto owners can use to compare candidates ahead of the November elections.
When did the Senate Banking Committee advance the CLARITY Act?
The Senate Committee on Banking, Housing, and Urban Affairs advanced its amended market structure legislation by a 15-9 vote on May 14, sending the measure to the full Senate for consideration.
How many crypto owners plan to vote in the November midterm elections?
A Stand With Crypto report on midterm voter sentiment found that nearly eight in 10 cryptocurrency owners considered themselves almost certain to vote, with nearly 70% indicating that a candidate's crypto position would influence their choice.
