An executive from a crypto exchange: The review process for the CLARITY Act may begin as early as next week.

BlockBeats News, May 8, Kara Calvert, Vice President of US Policy at an exchange, stated that the "CLARITY Act" could enter the review stage at the US Senate Banking Committee as early as next week. At Consensus 2026, Calvert said, "My prediction is that we will proceed to review next week." She pointed out that the bill needs at least 60 votes in the Senate to pass, and requires bipartisan support to formally become law.

She said, "This means you need Democrats. You need a bill with bipartisan support, and we have been working very hard to ensure bipartisan cooperation can be maintained. I think the biggest question is how the votes will take shape in the coming days." A survey released Thursday by HarrisX shows strong, broad, and consistent demand for clear federal rules. More than 70% of voters said the US should already have passed clear cryptocurrency legislation, and 62% said it is important for the US to set global rules for digital finance.

Calvert also stated that the lack of consistent tax policy is the main "obstacle" to institutional adoption of cryptocurrency, adding that tax reform is a bigger issue for institutions than market structure legislation.