Tagged: the clarity act

June 11, 2026 @ 9:56 am By JD Alois  |  

The Independent Community Bankers of America (ICBA) has launched a new advertising campaign that warns the public about the risk of crypto. The banking sector believes they are currently under threat because of the emergence of digital assets and have sought to undermine its development,… Read More

June 2, 2026 @ 3:58 pm By JD Alois  |  

Following approval in the Senate Banking Committee, everyone is waiting for the CLARITY Act (HR 3633)to advance to a full Senate vote. The legislation was approved in the House of Representatives in 2025 but stalled in the Senate for many months as behind-the-scenes negotiations saw… Read More

June 1, 2026 @ 4:08 pm By JD Alois  |  

Visiting with Maria Bartiromo on Fox Business last week, JPMorgan CEO Jamie Dimon slammed the CLARITY Act and, specifically, Coinbase. Dimon also speculated that stablecoins may become a “huge problem.” Dimon kicked things off by stating that if you take deposits like a bank, you… Read More

May 27, 2026 @ 10:00 pm By JD Alois  |  

President Donald Trump took to Truth Social tonight to declare the US is now the crypto capital of the world while criticizing the previous leadership of the Securities and Exchange Commission during the Biden Administration. Former SEC Chair Gary Gensler sought to undermine digital asset… Read More

May 23, 2026 @ 5:04 pm By Omar Faridi  |  

Leaders of the US House Committee on Agriculture have pressed US President Donald Trump to appoint commissioners to the four vacant seats on the Commodity Futures Trading Commission (CFTC). The move underscores the agency’s critical and expanding responsibilities in overseeing derivatives markets, including a heightened… Read More

May 16, 2026 @ 9:08 am By JD Alois  |  

On Thursday, the Senate Banking Committee held a markup hearing on the CLARITY Act, crypto market infrastructure legislation that was passed in the House in 2025 and sat in limbo in the Senate until this past week. The legislation aims to protect consumers while enabling… Read More

May 14, 2026 @ 1:34 pm By JD Alois  |  

The CLARITY Act made it through the Senate Banking Committee markup hearing today relatively unscathed. While many amendments were proposed, the most onerous were turned away. The final vote was 15 to 9, with all Republicans supporting the legislation and 2 Democrats joining the majority…. Read More

May 14, 2026 @ 9:28 am By JD Alois  |  

The CLARITY Act, in its present form, has largely been deemed acceptable by the crypto industry, yet amendments will certainly be submitted, some of which may undermine digital asset innovation. While the crypto industry lost the battle on passive yield for stablecoin holders, something that… Read More

May 13, 2026 @ 1:50 pm By JD Alois  |  

With debate still raging as legacy banks and left-wing policy advocates line up to challenge the CLARITY Act, the legislation is on track for a markup hearing at the Senate Banking Committee tomorrow (Thursday, May 14, 20226). While some in the opposition offer foolish justifications… Read More

May 12, 2026 @ 7:42 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has sent a letter to the Senate Banking Committee urging members to vote against the CLARITY Act in its current form. NASAA is the lobbying group that represents all the US state securities regulators, as well as regulators… Read More

May 12, 2026 @ 5:16 pm By JD Alois  |  

Labor Unions have chosen to side with the anti-crypto team regarding the CLARITY Act. The legislation is scheduled for a markup hearing at the Senate Banking Committee this Thursday. It was recently reported that the Democrat ranking member on the Committee, Senator Elizabeth Warren, had… Read More

May 12, 2026 @ 10:36 am By JD Alois  |  

Below is the CLARITY Act, or the Digital Asset Market Clarity Act, crypto market infrastructure legislation that aims to propel the US financial system into the future. The House version of the legislation was approved last year. Meanwhile, the Senate version has struggled to gain… Read More

May 12, 2026 @ 9:41 am By JD Alois  |  

In a move that will please legacy banking institutions, Senator Elizabeth Warren has issued a statement opposing the CLARITY Act, which is scheduled for a hearing at the Senate Banking Committee this Thursday. Warren is the ranking  Democrat member of the Committee and has long… Read More

May 11, 2026 @ 5:21 pm By JD Alois  |  

While the CLARITY Act appears to be on track for a markup hearing before the Senate Banking Committee this Thursday, banking industry representatives continue to complain about the stablecoin yield compromise recently hashed out by various policymakers. In a joint statement last week, banking associations and… Read More

May 9, 2026 @ 12:42 pm By JD Alois  |  

After an extensive delay due to banking industry representatives who fear a decline in revenue if stablecoin holders earn yild on the holdings, the Digital Asset Market CLARITY Act of 2025 is now scheduled for a Senate Banking Committee hearing for this coming Thursday, May… Read More

May 5, 2026 @ 1:55 pm By JD Alois  |  

Legacy banks continue to complain about the possibility of stablecoin yield or rewards included in the CLARITY Act. While banks use fear, uncertainty, and doubt to warn that they will not be able to lend money to consumers and businesses if stablecoin holders earn yield,… Read More

May 5, 2026 @ 8:45 am By JD Alois  |  

The American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Financial Services Forum, and Independent Community Bankers of America issued a shared comment on the language regarding the compromise on stablecoin yield. This is the single biggest hurdle for the passage of the CLARITY Act, crypto… Read More

May 4, 2026 @ 9:31 am By JD Alois  |  

Coinbase (NASDAQ:COIN) will be a big beneficiary of the CLARITY Act, and with reports indicating the legislation will move to markup as soon as May 11, shares of the everything exchange are moving higher. As was recently reported, a deal has been agreed upon regarding stablecoin… Read More

May 1, 2026 @ 6:55 pm By JD Alois  |  

According to a report this afternoon, a compromise has been reached on the CLARITY Act and stablecoin yield. The CLARITY Act, or crypto market infrastructure legislation, has been held up by the banking industry, which fears competition from the digital asset sector. Banks worry that… Read More

May 1, 2026 @ 4:14 pm By JD Alois  |  

Stand with Crypto, an association supported by multiple crypto organizations, has hand-delivered a petition demanding Congress move forward with the CLARITY Act. A not-for-profit, Stand with Crypto has a mission of representing the 52+ million Americans who own crypto assets. The goal is to enact… Read More