Tagged: the clarity act

Today: The CLARITY Act Goes to Markup in Senate Banking, What Changes Will be Made?

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

Crypto Industry Insiders Comment on the CLARITY Act in Advance of Senate Banking Committee Hearing

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

NASAA Says No to the CLARITY Act: Critical Revisions Needed

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

The CLARITY Act: Labor Unions Aim to Block Crypto Market Infrastructure Legislation

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

Here is the CLARITY Act, Crypto Market Infrastructure Legislation Headed to the Senate Banking Committee for Markup

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

Anti Crypto Senator Elizabeth Warren Opposes the CLARITY Act: “Our Entire Financial System at Risk”

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

Banking Industry Balks at Stablecoin Yield Compromise as the CLARITY Act Moves to Markup

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

Senate Banking Hearing on the Digital Asset Market CLARITY Act of 2025 Scheduled for May 14th

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

Banks “Shooting Themselves in the Foot” Fighting Stablecoin Yield Compromise

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

Bank Groups Including American Bankers Association Say the CLARITY Act Compromise on Stablecoin Yield Falls Short, Look to Change Language

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

Coinbase Shares Rise as the CLARITY Act Expected to Move to Markup in Senate Banking Committee

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

The CLARITY Act: Compromise on Stablecoin Yield Revealed

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

Stand With Crypto Delivers Petition to Congress Demanding CLARITY Act Approval

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

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

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