The Senate Banking Committee handed the Digital Asset Clarity Act on May 14, 2026, by a 15-9 vote, and crypto markets responded instantly. Bitcoin climbed to $81,965 earlier than retracing, whereas crypto-linked equities posted their sharpest single-session good points in months. Coinbase surged 9.10%, MicroStrategy jumped 8.16%, and Robinhood added 6.16% as the market priced…
More than 100 amendments have been filed to the Digital Asset Market Clarity Act forward of the Senate Banking Committee’s scheduled markup on May 14, 2026, a quantity that indicators the invoice has entered real horse-trading territory, not procedural formality. Triple-digit amendments at this stage imply the legislative textual content is reside, contested, and being…
The Senate Banking Committee dropped the full 309-page textual content of the CLARITY Act simply after midnight on Tuesday, May 11, 2026, forward of a Thursday committee listening to that might advance the most complete crypto market construction laws the U.S. has tried. The headline provision: a 1:1 reserve mandate requiring all fee stablecoin issuers…
Anthony Scaramucci warned the information that the Clarity Act might not clear the Senate till 2029, citing financial institution lobbying and political gridlock as the first kill mechanisms. With the present mechanism, institutional compliance groups can’t approve allocations to asset lessons that lack statutory authorized classification. Fiduciaries working underneath ERISA or comparable mandates can’t benchmark…
Five of essentially the most highly effective banking commerce teams in the United States are allegedly working a coordinated marketing campaign to kill the CLARITY Act. This is probably going occurring at the same time as Senate lawmakers lock in a committee markup for the week of May 11, which targets President Trump’s desk earlier…
Coinbase jumped 12% hours after Senator Cynthia Lummis introduced a finalized bipartisan settlement on the Clarity Act stablecoin yield. Senator Cynthia Lummis introduced the bipartisan deal, resolving probably the most contentious provision within the Lummis-Gillibrand legislative framework: whether or not licensed entities can lawfully provide stablecoin yield to prospects with out triggering securities classification. This…
Franklin Templeton’s Chris Perkins argues that the $2.7 trillion crypto market doesn’t want the Clarity Act to outlive. Despite months of Senate impasse on the landmark market construction laws, the business has already confirmed it may well develop, entice capital, and construct institutional rails with no federal regulatory framework in place. According to Franklin Templeton’s…
A Wall Street Journal investigation has found that World Liberty Financial, the Trump crypto enterprise, partnered with a virtual-currency firm referred to as AB whose key figures have been sanctioned by the U.S. Treasury for alleged ties to a transnational pig butchering rip-off community that stole billions from Americans. The partnership, which enabled WLF’s USD1…
Senate Banking Committee Chairman Tim Scott is pushing the Coinbase backed Clarity Act towards a presidential signature by summer time 2026. The committee markup is locked on this month, with over 100 business teams now publicly demanding motion. NEWS LAWMAKERS FAST-TRACK CLARITY ACT The U.S. Senator Tom Tillis says the CLARITY Act might hit committee…
Christopher Harborne, a Thailand-based British businessman holding a 12% stake in Tether, made an undisclosed £5 million private gift to Nigel Farage, a donation that has now drawn formal scrutiny from Parliamentary Standards Commissioner Daniel Greenberg. The query this story forces is direct: does a stablecoin stakeholder’s political giving create compliance publicity for Tether itself,…