Digital Assets: New Rules for Crypto and a Ban on Central Bank Digital Currency
Digital Asset Market Clarity Act
The House passed this bill in May 2026 and it is now waiting for the Senate to take action. The bill is currently stalled because the Senate has not scheduled a vote on it since May 2026. Most bills that reach this stage do not move forward in the Senate.
294–134
No action since June 2026
The bill has support from key committee leaders and addresses popular concerns about crypto and privacy, but it faces a crowded legislative calendar and potential partisan debate.
Scores run from -100 (strongly harmful) to +100 (strongly beneficial) for each group, combining impact, certainty, scope, and duration ratings of 1-5. How impact scoring works
The housing provision rewards cities that increase housing supply and penalizes those that fall behind by cutting their block grant funds 10 percent. In slow-growth communities, reduced federal funding could affect local services, while faster housing growth could moderate home value appreciation. The net effect on any individual homeowner depends on their city's building record.
“the Secretary shall decrease the amount that would otherwise be allocated to the eligible recipient under section 106 for that fiscal year by 10 percent”
Placed on Senate Legislative Calendar under General Orders. Calendar No. 423.
The bill is now on the schedule for the full chamber to consider. It's in line for debate and a vote.
Committee on Banking, Housing, and Urban Affairs. Reported by Senator Scott SC, with an amendment in the nature of a substitute. Without written report.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Committee on Banking, Housing, and Urban Affairs. Ordered to be reported with an amendment in the nature of a substitute favorably.
The committee approved this bill and is sending it to the full chamber for a vote. This is a significant step — most bills never get this far.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sent to a congressional committee for expert review. The committee decides whether this bill moves forward.
Motion to reconsider laid on the table Agreed to without objection.
No news coverage recorded for this bill yet.
Document Type
Congressional Bill
Official Title
Digital Asset Market Clarity Act
Analysis generated by AI. Always verify with official sources.