Coinbase VP: CLARITY Act May Be Reviewed by Senate Committee Next Week

2026-05-08 09:46

Coinbase's Vice President of U.S. Policy, Kara Calvert, announced that the CLARITY Act, a proposed cryptocurrency market structure bill, could be reviewed and amended by the U.S. Senate Banking Committee as early as next week. Calvert emphasized that the bill requires at least 60 votes in the Senate and bipartisan support to pass. She also highlighted that the lack of coherent tax policies is a major barrier to institutional adoption of cryptocurrencies, expressing hope for progress on crypto tax reform legislation by 2026.

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