Bitcoin rips as CLARITY Act clears major Senate Committee hurdle, advances to the full Senate floor
Proponents of the CLARITY Act are now targeting a July 4 desk signing by President Trump for the monumental legislation.
Follow crypto legislation news, proposed bills, lawmaker debates, and policy frameworks shaping the future of digital assets.
White House says banks skipped stablecoin talks as CLARITY Act debate sharpens over rewards, yield, and payment rules.
Trump pushed Bitcoin closer to U.S. policy recognition, but the wider ledger on price, trust, and adoption remains mixed.
Canada’s stablecoin rules may slip to mid or late 2027 as Visa and Wealthsimple test USDC settlement ahead of the final framework.
The markup will test whether the stablecoin compromise can survive pressure from banks, crypto firms and Democrats seeking ethics language.
A long-delayed Senate vote is nearing, but Democratic demands for conflict-of-interest language could disrupt the bill’s bipartisan path.
US banks say stablecoin-reward language still leaves loopholes, while lawmakers argue the compromise is needed to move the CLARITY Act forward.