Clarity Act clears U.S. Senate committee, on its way to a final test in Congress
After a bipartisan approval in the Senate Banking Committee, the crypto market structure bill now advances to a final overhaul aimed at Senate and House passage.
Clarity Act
U.S. senators lament failure to win bipartisan support, yet, on crypto Clarity Act
In the hearing to advance the market structure bill to its next stage, lawmakers from both parties granted lengthy talks hadn’t yet found needed common ground.
Clarity Act, in the flesh, unveiled by U.S. Senate Banking Committee before hearing
The crypto market structure bill had already been making the industry rounds behind closed doors, but the lawmakers have released the text before their vote.
Crypto industry cheers Senate Clarity Act markup date as market structure push resumes
The bill’s progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.
Senate Banking Committee plans to hold key market structure hearing on Thursday
The Senate Banking Committee announced it would hold its markup hearing for the Clarity Act on March 14.
Crypto Clarity bill has 30% chance of passing this year, Wintermute’s Hammond says
Wintermute’s head of policy Ron Hammond pegs chances at 30%, citing political friction, stalled negotiations and shifting timelines despite signs of progress.
Clarity Act ‘not a gatekeeper’ for crypto innovation, WisdomTree exec says
The asset manager says innovation can proceed under current SEC rules as the Clarity Act faces debate in Congress.
Crypto’s CLARITY Act could be a headwind for DeFi tokens ring-fencing yield, analyst says
The proposed restriction on yield would shift value toward regulated players and away from decentralized finance’ tokens, 10x Research’s Markus Thielen said.