Wyoming Senator Cynthia Lummis warns the US risks losing crypto leadership to China if the Digital Asset Market Clarity Act (CLARITY) isn't passed. JPMorgan CEO Jamie Dimon stated banks will oppose the bill due to its treatment of crypto deposits and differing AML/reserve requirements.
Despite the Senate Banking Committee advancing the Digital Asset Market Clarity Act (CLARITY Act) on May 14, spot Bitcoin ETFs experienced significant outflows totaling $648.6 million on May 18. This indicates that while policy clarity is improving, investor demand remains conditional on broader market factors like inflation and yields, rather than solely on legislative progress.
The Senate Banking Committee advanced the Digital Asset Market Clarity Act, signaling a move towards a defined regulatory framework for digital assets. Despite ongoing disputes, the vote is seen as a positive step for consumer confidence and market clarity.
The US Senate Banking Committee voted 15-9 to advance the Digital Asset Market Clarity Act (CLARITY), aiming to establish regulatory clarity for crypto markets, with Republicans and two Democrats supporting it amid concerns over consumer protection, innovation, and national security.
The US Senate banking committee approved the Clarity Act, a comprehensive cryptocurrency regulation bill, with a 15-9 vote, including support from two Democrats. The bill aims to provide regulatory clarity for the crypto industry but faces opposition and further legislative hurdles.
The US Senate Banking Committee voted to advance the Clarity Act, a cryptocurrency legalization bill, to a full Senate vote, with two pro-crypto Democrats (Gallego and Alsobrooks) breaking ranks to support it alongside all Republicans, citing ongoing ethics negotiations despite no deal yet reached.
The Senate Banking Committee approved the Digital Asset Market CLARITY Act, a comprehensive crypto regulation bill, sending it to the full Senate. The bill divides jurisdiction between the CFTC and SEC, and despite challenges, aims for passage by July 4, 2026.
The CLARITY Act, a crypto regulatory framework, moves to a Senate Banking Committee markup session with support from several Republicans and some Democrats, amid ongoing debates and potential amendments.
The CLARITY Act, which aims to regulate the crypto market, is set for consideration by the Senate Banking Committee. If passed, it could lead to significant capital inflows, product development, and institutional acceptance, potentially driving crypto prices higher.
The US Senate Banking Committee faces a landmark vote on the Clarity Act, with dozens of last-minute amendments targeting stablecoin rewards, Trump family crypto ventures, DeFi regulation, and more, alongside non-crypto proposals on housing, credit card fees, and Jeffrey Epstein records.
The Senate Banking Committee's CLARITY Act, aimed at regulating crypto markets, faces over 100 amendments ahead of markup, testing fragile compromises on stablecoins, banking, and crypto industry interests.
A leaked list shows Senate Banking Committee members have filed more than 100 amendments to a crypto bill, highlighting the issues likely to be debated at a markup on Thursday.
The US Senate Banking Committee has filed over 100 amendments to a crypto market structure bill, with proposed changes related to stablecoins, software developers, and ethics.
The Senate Banking Committee has unveiled the CLARITY Act, a bipartisan bill that would restrict the SEC's ability to classify certain digital assets as securities. The legislation includes provisions that would effectively exempt Bitcoin and Ethereum from future SEC oversight.
On May 12, the Senate Banking Committee released updated text of the CLARITY Act ahead of a scheduled May 14 markup. The bill would establish new rules for digital asset intermediaries, define how certain network tokens are treated, expand the role of federal market regulators, and create a path for banks to offer crypto-related services. […] The post CLARITY Act’s final draft has been released ahead of May 14 markup – What’s in it? appeared first on CryptoSlate.
After months of delays, the Senate Banking Committee has set a Thursday markup for the CLARITY Act, but it would still need some Democrats’ support to pass on the Senate floor.
After months of delays, the Senate Banking Committee has set a Thursday markup for the CLARITY Act, but it would still need some Democrats’ support to pass on the Senate floor.
Crypto leaders are the most confident they’ve been in months—but a major vote on the Senate Banking Committee this week could still go many ways.
A senior White House official has accused major banking trade leaders of refusing to join earlier talks on stablecoin rewards, escalating a dispute that has become one of the final pressure points ahead of the Senate Banking Committee taking up the CLARITY Act this week. In a May 11 post on the social media platform […] The post White House reveals US banks ‘refused’ to attend meetings to resolve stablecoin rewards issue in CLARITY Act appeared first on CryptoSlate.
Crypto Market Update: Senate Banking Committee Preps for High-Stakes CLARITY Act Vote Investing News Network
The CLARITY Act is heading back to the Senate Banking Committee on May 14 after months of stalled negotiations, putting a small group of Democrats at the center of the crypto industry’s push for a federal market-structure law. The markup comes after the bill was slowed by disputes over stablecoin rewards, anti-money laundering safeguards and […] The post CLARITY Act’s markup progress now hinges on these Democrat lawmakers appeared first on CryptoSlate.
The Senate Banking Committee plans to mark up the CLARITY Act on May 14, giving the stalled crypto-market-structure bill its clearest path this year toward a committee vote. The hearing would move one of Congress’s most closely watched digital-asset bills from private negotiations into a public amendment process, where lawmakers are expected to test whether […] The post Bankers are scrambling as Senate schedules CLARITY Act markup for May 14 appeared first on CryptoSlate.
The crypto industry's top legislative priority, a bill determining oversight of digital assets, is set to advance in the Senate Banking Committee.
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