CLARITY Act Markup: Senate Banking Sets May 14 Crypto Rules Session
In recent developments, the Senate Banking Committee scheduled a May 14 markup for the CLARITY Act, setting up the Senate’s first formal committee debate over digital asset market structure legislation.…
CLARITY Act sees ‘big step forward’ as markup set for May 14
In recent developments, coinbase chief policy officer Faryar Shirzad said the date is a “big step forward” and is essential for supporting innovation in the US. Looking closer, market participants…
Banking Industry Says Clarity Act Stablecoin Proposal Would Enable ‘Evasion’
In recent developments, senators had hoped the issue, which has plagued crypto legislation for months, had been put to bed with a proposed compromise last week. Looking closer, market participants…
Robinhood CEO Says US ‘Very Close’ to Passing Crypto Clarity Act
In recent developments, robinhood’s Vlad Tenev revealed the U.S. is on the verge of passing the Crypto Clarity Act, legislation that would establish a formal regulatory framework for digital assets…
CLARITY Act support carries electoral boost, HarrisX poll finds
In recent developments, the poll found 52% of registered voters support the CLARITY Act, with 47% willing to cross party lines for a candidate who backs the bill. Looking closer,…
CLARITY Act markup could happen as early as next week: Coinbase exec
In recent developments, the provisions in the crypto market structure bill are still under review by the banking and crypto lobbies as a new poll shows bipartisan voter support for…
CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report
In recent developments, senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Unresolved bracketed…
Banks Reject Stablecoin Yield Compromise, Demanding Stricter Crypto Limits
In recent developments, a group of banking associations has recently addressed the public draft of the Clarity Act, which “falls short” of prohibiting the payment of yield and interest on…
Circle Stock Jumps 20% to $119.53 as Tillis Deal Pushes Clarity Act Forward
In recent developments, circle shares surged nearly 20% on May 4, closing at $119.53, after U.S. Senators Thom Tillis and Angela Alsobrooks reached a bipartisan compromise on the CLARITY Act’s…
Ripple CEO says market structure bill not a ‘done deal,’ despite stableco…
In recent developments, brad Garlinghouse addressed attendees at a Tuesday crypto conference on the progress of the CLARITY Act after US lawmakers announced a compromise on stablecoin yield that could…
