Coinbase Executive: The **CLARITY Act** Review Process Could Begin as Early as Next Week

On May 8, Kara Calvert, Coinbase’s Vice President of U.S. Public Policy, stated the **CLARITY Act** could enter deliberations in the U.S. Senate Banking Committee as early as next week. Speaking at the Consensus 2026 conference, Calvert noted: *“My prediction is we’ll have a markup next week.”* She emphasized the bill would need at least 60 Senate votes to pass and bipartisan support to become law. *“That means we need Democrats,”* she said. *“We need a bipartisan bill—and we’ve been working hard to maintain that cooperation. The biggest question right now is how the votes will shape up in the coming days.”* A HarrisX survey released Thursday found broad, consistent demand for clear federal rules: - Over 70% of voters believe the U.S. should already have explicit cryptocurrency legislation; - 62% say it’s critical for the U.S. to set global digital finance standards. Calvert also highlighted that **inconsistent tax policies are a key barrier to institutional crypto adoption**, adding tax reform is a more pressing issue for institutions than market structure legislation.