Congressional Progress on Clarity Act Buoys Spirits in Crypto Circles

Congressional Progress on Clarity Act Buoys Spirits in Crypto Circles

There’s finally some clarity on the Clarity Act, a piece of legislation expected to pave the way for crypto’s mainstreaming. The head of legal affairs at Coinbase expects the Clarity Act to pass by summer’s end, now that banks and crypto companies have reached a compromise regarding stablecoin rewards. Coinbase walked away from the act in January, when CEO Brian Armstrong wrote on X that no bill is better than a bad bill. He argued that banks we…

Clarity Act Vote Scheduled for Thursday: Here’s the Current State of the Crypto Bill

TL;DR: The Senate Banking Committee vote is scheduled for this Thursday, before the Congressional recess for the midterm elections. Representatives of the traditional banking sector, through the ABA, have formally requested to restrict stablecoin rewards offered by crypto companies. A recent agreement between Senators Cynthia Lummis and Chuck Grassley seeks to define the criminal liability of developers of privacy tools in DeFi. Next Thursday, …

Clarity Act Vote Set for Thursday: Here's Where the Crypto Bill Stands

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. In …

Senate Committee Finally Votes on CLARITY Act - Historic Day for Crypto Regulation

After months of negotiation and political maneuvering, the Senate Banking Committee is set to consider the Digital Asset Market Clarity Act on May 14 - a vote that could reshape the entire foundation of U.S. crypto regulation. What started as two separate Senate bills has evolved into a compromise framework that crypto traders, institutional investors, and the broader financial industry have been waiting for since 2023.The CLARITY Act: What's Ac…