The U.S. Senate Banking Committee has released a 309-page updated draft of the CLARITY Act as the landmark crypto market structure bill heads toward a formal markup vote on May 14, 2026. Drawing Permanent Lines Between SEC and CFTC The Digital Asset Market Clarity Act, commonly called the CLARITY Act, moved significantly closer to becoming […]
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
The post Peter Schiff Says Saylor’s Newest Bitcoin Play Hides a Problem the SEC Hasn’t Caught appeared on BitcoinEthereumNews.com.
Peter Schiff has escalated his feud with Michael Saylor by calling STRC a centralized Ponzi. He wants the Securities and Exchange Commission (SEC) to investigate Saylor’s retiree-friendly marketing. The economist contends Saylor is promoting the Strategy preferred share in ways that could breach SEC antifraud rules. He said the stock cannot deliver the wealth preservation Saylor pitches to retirees seeking stable income. Peter Schiff’s Centralized Ponzi Argument The crux of Schiff’s position is that STRC has no organic earnings stream backing its yield. He argues distributions depend on fresh capital entering Strategy rather than operating profits or business income. Saylor pushed back by suggesting Schiff dislikes the entire crypto industry. Schiff replied that his Bitcoin (BTC) critique stands apart from his STRC claim. “STRC is different: a classic centr
Ending the SEC's gag rule could lead to increased public disputes over settlements, impacting regulatory strategies and corporate reputations.
The post White House reviews SEC plan to end gag rule on settlements appeared first on Crypto Briefing.
The post Senate Unveils New 309-Page CLARITY Act Draft Before Vote appeared on BitcoinEthereumNews.com.
New CLARITY Act draft has been released which aims at fixing key crypto industry concerns. Ethics rules remains unclear, leaving Democrat support uncertain. Surprise housing bill inclusion adds controversy before vote. The US Senate Banking Committee has released a new 309 page draft of the Digital Asset Market Clarity Act, also known as the CLARITY Act, which is setting the stage for Thursday’s pivotal markup vote as per well-known crypto journalist Eleanor Terrett. Committee members now have until close of business Wednesday to file for any amendments before the executive session commences. The release has come after months of deadlock and negotiations that took place at the last minute. Industry stakeholders are watching closely and are waiting to see if Democrats will support the revised bill or not. Stablecoin Yield Compromise Addresses Coinbase CEO’s Core Concern In the new dra
The post Senate Banking Committee Unveils 309-Page Crypto Clarity Act Draft appeared on BitcoinEthereumNews.com.
The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research. The US Senate Banking Committee released a 309-page Crypto Clarity Act draft. It defines SEC and CFTC roles while adding strict stablecoin yield rules. Source: https://cryptoticker.io/en/us-senate-banking-committee-crypto-clarity-act-draft/
The post Ethereum Price Outlook After Bitmine’s Massive 26,659 ETH Purchase appeared on BitcoinEthereumNews.com.
Ethereum price remained under pressure as the broader crypto market traded cautiously over the past 24 hours. Bitcoin price hoveres above $81,000, while other major digital assets were in a sideways mode as activity was weak. Investors are also closely monitoring the Senate Banking Committee vote, which could affect the future of crypto regulation and stablecoins. Bitmine Acquires 26,659 ETH As Holdings Reach 5.2 Million Ethereum price has continued to lag the broader cryptocurrency market after dropping by 1.05% to $2,310 in the previous 24 hours. Bitmine Immersion Technologies announced another substantial investment in the Ethereum network that garnered investor interest despite the drop. Last week, the company unveiled that it purchased 26,659 ETH, raising its overall holding to 5,206,790 ETH. This amount equates to almost 4.31% of all Ethereum in circulation, further ce
The post Grayscale Zcash spot ETF filing tests SEC privacy coin policy appeared on BitcoinEthereumNews.com.
Grayscale is pushing the Grayscale Zcash spot ETF into the U.S. regulatory pipeline, a move that could test whether privacy-focused crypto assets are finally getting a path into mainstream finance. The asset manager filed a Form S-3 with the SEC to convert its existing Zcash Trust into a spot exchange-traded fund, with plans for it to trade on NYSE Arca under the ticker ZCSH. That headline lands with extra force because the proposed fund would hold actual ZEC, not futures or indirect exposure. It would track the CoinDesk Zcash Price Index minus fees, giving investors a structure that looks much closer to the spot crypto ETFs that have drawn broad attention across the market. And while approval is still not in hand, the filing immediately puts Zcash — one of crypto’s best-known privacy coins — into a new category of regulatory scrutiny and potential legitimacy. Grayscale seeks to
