Tagged: the clarity act

Crypto Firms, Representatives Hold Briefing on the CLARITY Act on Capitol Hill. Meanwhile Legislation May Soon Move to Markup

The Blockchain Association says a group of its members, including Coinbase, the Solana Institute, and others, held an informational gathering on Capitol Hill today to help educate staffers and their members on the CLARITY Act. Crypto market infrastructure legislation remains in limbo because legacy banks… Read More

Independent Community Bankers of America Says Consumers Worry Digital Assets will Harm Banks, White House Digital Asset Chief Disagrees

Mr. Potter Banker Banking (1)

The Independent Community Bankers of America (ICBA) says consumers worry that digital assets will harm community banks. ICBA President and CEO Rebeca Romero Rainey says their polling proves that Americans “strongly support community bank views amid the ongoing debate over digital assets market structure.” Rainey… Read More

The Club for Growth Tells Senate Banking Committee to Push Forward the CLARITY Act

The Club for Growth chimed in today to add its voice in support of the CLARITY Act, crypto market infrastructure legislation that will outline the regulatory ecosystem for digital assets while fueling innovation across the entire financial services sector. The legislation remains parked in the Senate Banking… Read More

The CLARITY Act: Blockchain Association, Crypto Council for Innovation Join to Demand Senate Moves on Crypto Market Infrastructure Legislation

Today, the Blockchain Association and the Crypto Council for Innovation have joined to demand that the Senate Banking Committee move forward with crypto market infrastructure legislation, the CLARITY Act. The letter authored by the two advocacy groups has garnered the support of more than 100… Read More

The CLARITY Act Pushed Back to May: Report

Crypto market infrastructure legislation continues to meander through the US Senate as stakeholders struggle to reach an agreement on the bill’s final language. The Clarity Act, which passed the House last year, has struggled to gain traction in the Senate, as the legacy banking industry… Read More

The CLARITY Act Remains Stalled in the Senate as Banks Dig In on Stablecoin Yield

The US House of Representatives approved the CLARITY Act on July 17, 2025. The bill garnered bipartisan support with 294 voting for the legislation and 124 against. Unfortunately, the success in the House has not carried over to the Senate, as the legislation remains stalled… Read More

The Clarity Act Expected Move in Senate this Month, Floor Vote in May

The CLARITY Act, crypto market infrastructure legislation, is expected to move forward in the US Senate this month with a floor vote arriving in May. According to multiple reports, a deal is in the works on stablecoin yield, the biggest hurdle to the legislation’s approval…. Read More

Senator Tillis Set to Release Draft Aimed at Resolving Stablecoin Yield Dispute in CLARITY Act

US Senator Thom Tillis of North Carolina, a Republican lawmaker, has recently signaled plans to release a proposed framework in the coming weeks. The goal is to settle a long-running conflict over stablecoin returns that continues to divide conventional banks from digital asset specialists. The… Read More

White House Report Shows Stablecoin Yield Causes Little Harm to Bank Lending

As should have been expected by all, a research report published by the Trump administration’s Council of Economic Advisors (CEA) indicates that stablecoin yield will not impact lending at all. The FUD promoted by banks never held any merit but it was a great display… Read More

New Political Action Committee, Blockchain Leadership Fund, Aims to Advance Digital Asset Policy Just as CLARITY Act is Being Held up by Banks

The Blockchain Leadership Fund (BLF) is a new Political  Action Committee (PAC) that aims to advance digital asset policy, just as legacy banks are holding up the CLARITY Act due to fears of new competition from blockchain firms. The CLARITY Act, or crypto market infrastructure legislation, is… Read More

Cryptio CEO Comments on Stablecoin Yield Hurdle in CLARITY Act Impasse

Allowing stablecoin yield in the CLARITY Act, the crypto market infrastructure legislation, appears to be an issue the banking industry is willing to die on. Legacy banks worry that profits will decline as deposit holders move their funds to more agile stablecoins that offer yields… Read More

Legacy Banks are Stupid to Fight Stablecoin Yield. They Must Embrace the Future of Stablecoins

Legacy banks have slammed the brakes on the CLARITY Act, crypto market infrastructure legislation, which is poised to enable the United States to lead the world in digital asset innovation. The big roadblock remains the ability for stablecoin holders to earn yield. As payment stablecoins,… Read More

SEC and CFTC Deepen Partnership to Develop US Crypto Regulatory Framework

At the Digital Asset Summit 2026 in New York, SEC Chairman Paul Atkins delivered a clear message: the agencies’ recent joint interpretative release on crypto assets marks only the beginning of meaningful progress. “The interpretative release is not a panacea,” he stated. “It’s really just… Read More

Does Figure Have Workaround for Stablecoin Yield with $YLDS?

Mr. Potter Banker Banking (1)

The banks are at it again. Instead of competing on a level playing field with digital asset firms, they want to put their hand on the regulatory scale to ensure they maintain a moat that helps them, but not consumers. Spewing FUD regarding deposit flight,… Read More

Chatter Indicates Stablecoin Yield Agreement May be Near

Crypto insiders are indicating a deal on the stablecoin yield issue may be near. Currently, the CLARITY Act, or the crypto market infrastructure legislation, is largely being held up by the potential stablecoin holders earning yield on their funds. Banks do not like it because… Read More

Deal on Stablecoin Yield Said to be Near

The CLARITY Act, or crypto market infrastructure legislation, is parked in the Senate after being approved in the House, and is largely held up by whether stablecoin holders will benefit from yield (or interest payments). As stablecoins must hold matching, low-risk assets like T-Bills, the… Read More

President Trump Says the GENIUS Act is Being Threatened by Banks as Crypto Market Infrastructure Legislation Remains Stalled

President Donald Trump took to Truth Social yesterday to lambast legacy banks and their inability to compromise on crypto market infrastructure legislation. The CLARITY Act (or whatever it ends up being called) remains stalled in the Senate largely due to pushback from incumbent banks and… Read More

Cato Institute Worries that Crypto Market Infrastructure Legislation Boosts Financial Surveillance

While everyone has been focused on getting a workable crypto market infrastructure bill through the US Senate, the Cato Institute, a Libertarian think tank, worries that the current legislation may boost the ability of the Feds to monitor your and possibly abuse your financial existence…. Read More

If Consumers Hold Stablecoins, They Should Get Yield. Banks Can Compete on a Level Playing Field

The biggest hurdle to the CLARITY Act‘s approval in the Senate appears to be the issue of stablecoin holders generating yield. The bugaboo here is legacy banks, which tend to hold deposits and pay little to no yield to their customers. As these same banks… Read More

Coin Center Highlights Decisive Shift in Congressional Debates Over Digital Assets Market Structure

Peter Van Valkenburgh, Executive Director of Coin Center, highlighted a decisive shift in congressional debates over digital asset market structure. After months of negotiations on technical matters—including how to classify tokens, handle yield on stablecoins, and divide oversight between federal agencies—the discussion in the Senate… Read More

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