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The crypto market faces a pivotal regulatory moment as the US Senate Banking Committee prepares to vote on the CLARITY Act on Thursday, May 14 — a markup session that will determine whether the most comprehensive digital asset framework in American history advances or returns to the negotiating table. The timing arrives against a backdrop […]
Read full articleU.S. voters have placed everyday economic concerns far ahead of crypto regulation, even as lawmakers prepare for a Senate Banking Committee vote on the CLARITY Act this week. According to a survey released Wednesday by Politico and polling firm Public…
As the Senate Banking Committee’s long-awaited markup of the CLARITY Act nears, XRP has reportedly become a focal point of a wave of amendments being prepared for the key vote on Thursday. The bill—described by participants as a crypto market structure package that has already been delayed by more than five months—is widely viewed by […]
Kevin Warsh wins Senate confirmation as Fed chair in a 54-45 vote before the Senate’s key CLARITY Act crypto markup.
Mike Novogratz has urged Senate Democrats to move forward on crypto market structure legislation, warning that resistance to the CLARITY Act could push digital asset activity further offshore and weaken the United States’ role in shaping the industry. In a post on X titled “America Must Fight to Win Crypto,” Novogratz framed the debate as […]
The post Coinbase CEO backs CLARITY Act before Senate markup appeared on BitcoinEthereumNews.com. Coinbase CEO Brian Armstrong has backed the latest version of the Digital Asset Market Clarity Act before the Senate Banking Committee’s Thursday markup. Summary Armstrong says latest CLARITY Act draft has stronger bipartisan footing before Thursday Senate markup vote. Stablecoin yield compromise allows activity-based rewards while banning passive payments for simply holding tokens alone. HarrisX poll shows 52% support CLARITY Act, while 11% oppose passage before Thursday’s markup vote. His comments mark another shift in the long-running debate over U.S. crypto market rules. Armstrong said the bill is now in its strongest position after months of talks between lawmakers, banks and crypto firms. Meanwhile, the main change centers on stablecoin yield. Armstrong said banking and crypto groups reached a “healthy compromise” brokered by Senators Thom Tillis and Angela Alsobrooks. He said both
Brian Armstrong backs the CLARITY Act before Senate markup as stablecoin yield, DeFi and CFTC changes revive crypto market bill talks today.
The post Brad Garlinghouse Says Crypto Regulation Is “Closer Than Ever” as Senate Votes on CLARITY Act appeared on BitcoinEthereumNews.com. The post Brad Garlinghouse Says Crypto Regulation Is “Closer Than Ever” as Senate Votes on CLARITY Act appeared first on Coinpedia Fintech News The U.S. crypto industry is heading into one of its biggest regulatory moments yet as the Senate Banking Committee prepares to vote Thursday on the CLARITY Act, a major crypto market structure bill designed to finally bring clear rules to digital assets after years of uncertainty between the SEC and CFTC. The legislation would define which crypto assets qualify as securities and which fall under commodities regulation, while also setting compliance rules for exchanges, brokers, dealers, stablecoins, and self-custody protections. The bill also includes anti-money laundering requirements and new oversight for Bitcoin ATMs. Amid the growing momentum, Brad Garlinghouse said the industry is now “as close to the
The CLARITY Act's passage could foster innovation by providing legal certainty for blockchain developers, but Senate hurdles remain. The post CLARITY Act includes Blockchain Regulatory Certainty Act to protect developers appeared first on Crypto Briefing.
