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Homepage > News > Business > Latest (last?) CLARITY draft sparks last-minute stakeholder push Congress released the latest draft of its digital asset market structure legislation, and stakeholders have been frantically scrambling to ensure their voices are heard before Thursday’s markup session. Late Monday night, the Senate Banking Committee released the latest draft of its digital asset market structure bill (CLARITY Act). The 309-page draft will be marked up by the committee on Thursday, May 14, and those wishing to make changes to its text had until 5:00 pm ET on Tuesday to submit proposed amendments. Rest assured, there will be amendments (and possibly blood). The committee’s Republican leaders also issued a CLARITY fact sheet that does the hard-sell on reasons why the bill should be approved by committee members (after which it must be reconciled with the version approve
The Senate crypto bill faces over 100 amendments on legal tender, tax payments, Fed master accounts, and market rules. U.S. Crypto Bill Faces Over 100 Amendments Before Key Senate Decision as Senate Banking Committee members prepare for a markup vote on H.R. 3633, the CLARITY Act. The large amendment list shows sharp debate over crypto […]
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Ahead of the Senate Banking Committee’s anticipated markup of the CLARITY Act on Thursday, the bill is facing a fresh wave of opposition—this time from major labor unions. In a letter that warned senators the measure could put retirement security at risk, multiple unions argued the legislation would introduce new instability into retirement plans for […]
A leaked list shows Senate Banking Committee members have filed more than 100 amendments to a crypto bill, highlighting the issues likely to be debated at a markup on Thursday.
Regulatory clarity could unlock trillions in institutional capital, impacting global crypto competitiveness and encouraging U.S. market participation.
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Senate Banking Committee Republicans mounted a defense of the CLARITY Act ahead of a scheduled May 14 markup, rejecting claims that the bill would weaken securities law, create loopholes, or ignore illicit finance risks. They argued the legislation would instead assign regulator authority, require disclosures, and add anti-fraud protections across digital asset markets. Republicans Answer […]
The Senate Banking Committee, chaired by Sen. Tim Scott, set an executive session for May 14, 2026, to review the Clarity Act. Clarity Act defines tokens as securities or commodities to clarify regulators’ jurisdiction for U.S. crypto growth. Sens. Tillis (R) and Alsobrooks (D) brokered a deal banning rewards on idle dollar-backed stablecoins but allowing […]
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Crypto News The U.S. Senate Banking Committee released the long-awaited text of the digital asset market structure bill just after midnight Tuesday, setting up a high-stakes markup vote on Thursday that could finally hand the American crypto industry the regulated footing it has chased for years. The newly published draft preserves legal protections for DeFi developers and codifies a contested compromise on stablecoin yield, but conspicuously omits the ethics provisions that Democrats have demanded. White House crypto adviser Patrick Witt has said negotiators want rules that apply uniformly across government, while pushing back against any clause targeting a single officeholder. Industry lobbyists spent months wrestling over the final language. MARA Holdings shares dropped 3.44% in after-hours trading on Monday to $12.93 after the Bitcoin min
The post CLARITY Act’s final draft has been released ahead of May 14 markup appeared on BitcoinEthereumNews.com.
Make CryptoSlate preferred on On May 12, the Senate Banking Committee released updated text of the CLARITY Act ahead of a scheduled May 14 markup. The bill would establish new rules for digital asset intermediaries, define how certain network tokens are treated, expand the role of federal market regulators, and create a path for banks to offer crypto-related services. It also preserves protections sought by decentralized finance developers and adds restrictions to prevent crypto platforms from offering deposit-like yield on payment stablecoin balances. The release moves the Senate effort from private negotiation into a public committee process. If approved by the panel, the bill would still require further negotiations before reaching the Senate floor. However, its path remains uncertain because Democratic concerns over ethics restrictions for federal officials were not reso
