# The Clarity Act would clarify regulators' jurisdiction over the sector.

*web3 · news · 2026-05-14 · MarketScreener*

## Key points

- The Senate Banking Committee will hold a decisive mark-up on the Clarity Act this Thursday.
- The Clarity Act would clearly define regulatory jurisdiction between securities and commodities for crypto tokens.
- Banks oppose a provision granting crypto firms more freedom to offer rewards on stablecoins.
- Pro-crypto groups spent over $119 million in 2024 to support candidates who might advance the Clarity Act.
- The White House is actively lobbying committee Republicans to support the bill, reflecting Trump's crypto reform priority.

**Companies:** Solana Policy Institute
**Countries:** United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/us-senate-committee-to-weigh-crypto-bill-in-milestone-for-digital-assets-ce7f5bdddb8ef725)

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