CLARITY Act Draft: What New Crypto Rules Could Mean
The post CLARITY Act News: Fresh Draft Is Out – What Next for Crypto? appeared first on 99Bitcoins.
The post Charles Hoskinson Calls Clarity Act Section Removal ‘Insanity’ and ‘Dystopian Nightmare’ appeared on BitcoinEthereumNews.com.
The Section 604 Destroying open source software Charles Hoskinson sharply criticized efforts to remove Section 604 from the proposed Digital Asset Market Clarity Act after the National Fraternal Order of Police urged U.S. senators to reconsider the provision. The debate centers on whether open-source crypto developers and infrastructure providers could face legal exposure for how third parties use blockchain technology. The Section 604 In a letter sent to Senators Tim Scott and Elizabeth Warren, National Fraternal Order of Police President Patrick Yoes argued that Section 604 would weaken law enforcement’s ability to pursue financial crimes involving cryptocurrency. The organization warned that exempting “non-controlling developers or providers” from being treated as money transmitters could make it harder for prosecutors to target criminal networks usi
As Bitcoin (BTC) attempts to hold $80,000 as support, some market analysts have warned about a crucial resistance area that could make or break the flagship crypto’s bullish rally. Related Reading: Crypto Funds Extend Six-Week Streak With $858M Inflows On CLARITY Act Progress Bitcoin Bull Rally Meets Key Resistance In a Tuesday analysis, market watcher Ali Martinez highlighted a “crucial resistance barrier that has the potential to put an end to the recent Bitcoin bull rally” that has sent the price to its highest levels in months. He explained that BTC has been attempting to clear the 200-day Simple Moving Average (SMA), near $82,500, for three consecutive days. A breakout above this level could trigger a rally toward the $94,000 area, Martinez affirmed, while a rejection could send the price to retest the 50-day SMA around $75,000. However, the failure to reclaim this level may suggest that the market “is struggling to find the follow-through volume needed for a breakout.” The analys
The post U.S. Senate Banking Committee Sees Swarm of Amendments before Vote on CLARITY Act appeared on BitcoinEthereumNews.com.
The U.S. Senate Banking Committee is readying for a notable vote on the crypto market structure bill, also known as the CLARITY Act. Particularly, before this vote, the U.S. Senate Banking Committee has reportedly received a staggering swarm of over 100 amendments for the draft legislation. U.S. Senate Banking Committee Receives Over 100 Amendments to Crypto Market Structure Bill According to Politico, ahead of the U.S. Senate Banking Committee’s markup vote on the crypto market structure bill, the CLARITY Act, committee members have submitted more than 100… pic.twitter.com/6yH0SH7Rgc — Wu Blockchain (@WuBlockchain) May 13, 2026 As per the reports, the rising number of such revisions underscores the increasing divisions between the Senate members over the regulation of the digital asset mechanisms in the U.S. Additionally, many senators are favoring more strin
Senate Minority Leader Chuck Schumer wants “a good crypto bill to pass,” signaling potential bipartisan openness as U.S. lawmakers race to finalize two major digital asset laws in 2026. FROM OPPOSITION TO OPENNESS Schumer’s comment came during what has been a turbulent stretch for U.S. crypto legislation. Earlier in the debate over the GENIUS Act […]
The Senate crypto bill faces over 100 amendments on legal tender, tax payments, Fed master accounts, and market rules. U.S. Crypto Bill Faces Over 100 Amendments Before Key Senate Decision as Senate Banking Committee members prepare for a markup vote on H.R. 3633, the CLARITY Act. The large amendment list shows sharp debate over crypto […]
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Ahead of the Senate Banking Committee’s anticipated markup of the CLARITY Act on Thursday, the bill is facing a fresh wave of opposition—this time from major labor unions. In a letter that warned senators the measure could put retirement security at risk, multiple unions argued the legislation would introduce new instability into retirement plans for […]
The United States Senate Banking Committee has unveiled the draft text of the CLARITY Act ahead of a scheduled hearing, releasing a 309-page bill that represents the most comprehensive attempt yet to establish a federal regulatory framework for digital assets. The legislation covers significant ground across stablecoins, decentralized finance, and the broader crypto ecosystem — […]
