PANews reported on May 8th that, according to crypto journalist Eleanor Terrett, multiple industry sources revealed that the Senate Banking Committee may notify members as early as tomorrow of its consideration of the CLARITY bill, and has already distributed the draft text to some industry members. A vote is expected next Thursday. Sources stated that the language of the draft is still being finalized, and further revisions are expected to reflect the priorities of the Democratic Party office.

A source, after reviewing the bill and coordinating with industry leaders, said the overall atmosphere is currently positive, but some clauses in parentheses have raised concerns, and some key clauses that were previously thought to have been resolved may still be subject to change.