Clarity Act

Clarity Act

News Analysis

Amid the Clarity Act fanfare is some worry over how a last-minute deal may punch DeFi

The crypto market structure bill saw a high-stakes, 11th-hour gambit to get Democrats on board for a bipartisan committee vote, but it might carry a cost.

U.S. Senator Cynthia Lummis, a Wyoming Republican (Jesse Hamilton/CoinDesk)

Policy

The Clarity Act took a step forward: State of Crypto

Unpacking Thursday's at-times contentious markup hearing.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

CoinDesk News

Crypto market structure bill clears key hurdle as ethics debate looms over floor vote

The Clarity Act cleared the Senate Banking Committee with bipartisan support, setting up a potential full Senate vote within weeks.

CoinDesk

Policy

CLARITY will strengthen dollar stablecoins, but Asia wins on yield: HashKey Research

HashKey says U.S. regulatory clarity may unlock institutional adoption of crypto and reinforce USD stablecoins globally, though stricter yield rules could push capital toward Asian markets offering higher returns.

Hong Kong harbor during a sunrise (Manson Yim/Unsplash)

Policy

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.

Senate Banking Committee Chairman Tim Scott (Bonnie Cash/Getty Images)

Policy

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.

U.S. Senator Elizabeth Warren (Getty Images)

Policy

live

LIVE: Senate Banking Committee advances Clarity Act to full Senate floor

The Senate Banking Committee debated amendments before ultimately voting on the market structure legislation on Thursday.

CoinDesk

Policy

Clarity Act amendments would remake key parts of crypto bill but have doubtful future

The U.S. crypto market structure bill is being targeted with dozens of amendments aiming to change or add to the text as its Senate hearing approaches.

Senator Elizabeth Warren (Jesse Hamilton/CoinDesk)

Policy

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.

Senator Tim Scott (Jesse Hamilton/CoinDesk)

Policy

Banking groups escalate fight over stablecoin yield ahead of Senate vote

The American Bankers Association amplified warnings the Senate’s Clarity Act could push deposit flight into stablecoins unless lawmakers tighten yield limits.

CoinDesk