The National Fraternal Order of Police (FOP), the largest law enforcement organization in the United States, has weighed in on the CLARITY Act, sending a letter to lawmakers that argues against a specific part of the bill. In the correspondence—signed by FOP President Patrick Yoes—the group says it strongly opposes Section 604, a provision that, […]
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Galaxy Digital’s Alex Thorn says the newest edition of the CLARITY Act could get a much-needed bipartisan boost. For this, he spotlighted a surprising addition with Senators John Kennedy and Elizabeth Warren. Alex Thorn Reveals How CLARITY Act Could Get Bipartisan Backing The U.S. Senate Banking Committee on Tuesday released the entire text of the CLARITY Act. In the draft, Thorn noted that the addition of the “Build Now Act” could help garner more bipartisan political support before this week’s markup. Thorn outlined each of these changes in a series of posts on X. He mentioned notable updates to a variety of sections of the proposed plan. These include new powers for the SEC, definition of DeFi, provisions on insider trading, and the bankruptcy regulations for crypto companies. In addition, he noted that the CLARITY Act has specifically added Section 904, the ‘
21Shares’ Matt Mena says Bitcoin’s refusal to dump on hot CPI shows inflation is priced in, leaving the CLARITY Act vote as the next major catalyst for a push toward $90K. 21Shares analyst Matt Mena argued in a note published…
Bitcoin exchange-traded funds (ETFs) opened the week with modest inflows of $27 million after ending last week on a weaker footing, while ether funds continued to bleed capital. XRP and Solana ETFs, however, stood out with strong inflows, reflecting renewed investor appetite for alternative crypto exposure amid growing regulatory optimism. Bitcoin ETFs Rebound With $27M […]
Coinbase CEO Brian Armstrong said the CLARITY Act gave banks their must-haves as the Senate released its 309-page bill text. The Senate Banking Committee released the 309-page substitute text of the CLARITY Act on May 12, setting a committee markup…
Senate Banking Committee Republicans mounted a defense of the CLARITY Act ahead of a scheduled May 14 markup, rejecting claims that the bill would weaken securities law, create loopholes, or ignore illicit finance risks. They argued the legislation would instead assign regulator authority, require disclosures, and add anti-fraud protections across digital asset markets. Republicans Answer […]
The Senate Banking Committee, chaired by Sen. Tim Scott, set an executive session for May 14, 2026, to review the Clarity Act. Clarity Act defines tokens as securities or commodities to clarify regulators’ jurisdiction for U.S. crypto growth. Sens. Tillis (R) and Alsobrooks (D) brokered a deal banning rewards on idle dollar-backed stablecoins but allowing […]
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Grassley's support for the CLARITY Act could accelerate regulatory clarity, potentially boosting crypto investments but challenging smaller entities.
The post Clarity Act gains support from Chuck Grassley ahead of Senate vote appeared first on Crypto Briefing.
