The post Breaking Ground: New Legislation Poised to Reshape Crypto Landscape appeared on BitcoinEthereumNews.com.
In a historic move, the US Senate Banking Committee has greenlit the Clarity Act, a pivotal bill aimed at setting comprehensive regulations for the digital asset industry. Passing with a 15 to 9 vote, the legislation drew support from two Democratic senators alongside Republican members, marking a crucial step in the ongoing legislative process. Continue Reading:Breaking Ground: New Legislation Poised to Reshape Crypto Landscape Source: https://en.bitcoinhaber.net/breaking-ground-new-legislation-poised-to-reshape-crypto-landscape
Morgan Stanley alone manages roughly $7 trillion in client assets. If its advisers shift even 3% of that into Bitcoin, the math gets staggering fast. That scenario sits at the heart of what financial adviser Ric Edelman calls a potential “flywheel effect” — a chain reaction of institutional money that could send Bitcoin soaring past $150,000 before 2026 ends. Related Reading: XRP Bulls Gain Momentum As ETF Inflows Reach Multi-Month High Wall Street Is Waiting For A Green Light Edelman laid out the argument during a recent appearance on the Milk Road podcast with host John Gillen. He said traditional financial firms have largely stayed on the sidelines not because of disinterest, but because of regulatory uncertainty. Once the Clarity Act passes, he said, that changes. Large brokerages, wealth managers, and fund companies would be free to move — and Edelman believes many are ready to do exactly that. Morgan Stanley has already told its advisers to begin adding small crypto positions to
The post Coinbase stock surges 8% as CLARITY Act advances appeared on BitcoinEthereumNews.com.
Coinbase stock surged 8% after the Senate Banking Committee advanced the CLARITY Act in a 15 to 9 bipartisan vote. Summary Bitcoin hit $82,000 following the committee vote before retreating to $81,500, up 2.5% on the day. Strategy climbed 7% and Bitmine advanced 5.6%, with broader crypto equity gains extending to Nasdaq and S&P 500 record highs. The bill still requires a full Senate vote with a 60-vote threshold and reconciliation with a House-passed version before it can reach the White House. The Senate Banking Committee passed the Digital Asset Market Clarity Act on May 14 by 15 votes to 9, with support from two Democratic senators providing the bipartisan margin that moves the bill toward the full Senate. Coinbase CEO Brian Armstrong had backed the current version of the bill ahead of the vote, calling it “closer than ever” to becoming law and describing the stablecoin yield compromise as
The Clarity Act cleared the Senate Banking Committee 15 to 9 on Thursday, sending Bitcoin above $82,000 for the first time in weeks. The Clarity Act advanced out of the Senate Banking Committee on Thursday in a 15 to 9…
Coinbase stock surged 8% after the Senate Banking Committee advanced the CLARITY Act in a 15 to 9 bipartisan vote. The Senate Banking Committee passed the Digital Asset Market Clarity Act on May 14 by 15 votes to 9, with…
The post 3 Altcoins That Benefit Most From the CLARITY Act and Why appeared on BitcoinEthereumNews.com.
The Crypto Market Structure Bill, CLARITY Act, passed the Senate Banking Committee on Thursday. The vote sends the crypto market structure bill toward a full Senate floor test and resets risk profiles for altcoin holders. Three tokens stand out as direct beneficiaries with profiles that fit the bill’s grandfather clauses, decentralization tests, and DeFi protections. Meanwhile, XRP, Solana, and Hyperliquid each align with the mechanics that the legislation favors. XRP Lands a Path Out of SEC Limbo XRP, the native asset of the Ripple network, sits closest to the bill’s grandfather clause. That language fast-tracks commodity status for tokens with approved or pending ETF products, sidestepping the full mature-blockchain test. Historically, secondary-market XRP sales have drawn SEC scrutiny. The bill ends that exposure for tokens meeting the new commodity definition. XRP Price Performan
The post Warren Pushes SEC Probe as CLARITY Act Faces Final Hurdles appeared on BitcoinEthereumNews.com.
Senator Elizabeth Warren called on the SEC to investigate a Trump family-linked crypto business. The comments came during the Senate Banking Committee markup of the CLARITY Act. Reports said DeFi rules, BRCA language, and Democratic support became key late-stage issues. Senator Elizabeth Warren called on the SEC to investigate a crypto company linked to President Donald Trump’s family as the CLARITY Act faced a tense Senate Banking Committee markup. Her remarks added fresh pressure to a bill already caught between ethics concerns, DeFi rules, and late-stage amendment fights. The dispute raised a direct question for crypto markets: Will the CLARITY Act stall before reaching the Senate floor? Current signs show the bill can still move, but its bipartisan path has narrowed as Democrats press for stronger guardrails on conflicts of interest and market oversight. Warren Raises Trump Cry
The post CLARITY Act clears Senate markup in 15–9 vote as ethics fights persist appeared on BitcoinEthereumNews.com.
The Senate Banking Committee advanced the CLARITY Act in a 15–9 vote during a markup session on 14 May. This moves the cryptocurrency market structure bill to its next legislative stage after lawmakers spent hours debating amendments covering ethics rules, decentralized finance [DeFi], and anti-money laundering provisions. A markup session is the stage where lawmakers review legislation line by line, propose changes, and vote on amendments before deciding whether the bill should move forward. The committee ultimately approved an amended version of the legislation, preserving momentum behind one of the most closely watched crypto regulatory efforts in Washington. However, the vote does not represent final Senate approval, and the legislation still faces additional steps before it can become law. Warren amendments fail as ethics concerns remain During the session, lawmak
The post Bitcoin Price Rallies as CLARITY Act Markup Begins: Breakout or Bull Trap? appeared on BitcoinEthereumNews.com.
The post Bitcoin Price Rallies as CLARITY Act Markup Begins: Breakout or Bull Trap? appeared first on Coinpedia Fintech News Bitcoin staged a strong bounce on Thursday, rebounding sharply from a key technical support level just as the Senate Banking Committee began its live markup of the CLARITY Act. Crypto markets have been waiting months for this regulatory moment and the price reaction suggests at least some of that anticipation is being priced in real time. The bounce came directly off the 21-week exponential moving average,a level analysts had been flagging for days as the critical support line that would define whether the short-term uptrend remained intact. What the Chart Actually Says Despite the positive price action, analysts issued warnings before calling this a breakout. Bitcoin has rallied more than 30% from its February lows but has only just reached wh