Clarity Act
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.
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.
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.
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.
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.
White House targets July 4 for Clarity Act passage, says crypto adviser Patrick Witt
The executive director of the President's Council of Advisors for Digital Assets said the Senate Banking Committee hearing will happen this month on market structure. bill.
Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup
The agreement necessitates firms restructure reward programs from a "buy and hold" to a "buy and use" model; however, CCI raised concerns over its broad prohibition.
Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield
The text released Friday blocks crypto firms from offering stablecoin yield offerings that look like bank deposits, but "bona fide" transactions are allowed.
U.S. senator holding cards on Clarity Act's next move says it's ready to get to hearing
Senator Thom Tillis was at the center of the legislative negotiations over stablecoin yield that have delayed the market structure bill, but he said it's time to go.
