CLARITY | Crypto

The Clearing House plan gives banks 24/7 tokenized settlement while keeping customer money inside regulated deposit accounts. The post Big banks may have found their answer to the CLARITY Act’s stablecoin challenge appeared first on CryptoSlate.

Galaxy Digital says the Senate has a tight calendar ahead of the November elections, and the time needed to fix up and pass a key crypto bill is quickly fading. Crypto firm Galaxy Digital has lowered the odds of the Senate passing its crypto market structure bill before the end of the year, noting that the window for lawmakers to act on the bill is closing.  “On May 22, we raised our estimate of the probability that the CLARITY Act becomes law in 2026 to 75%, up from the 55% we published the morning of May 14's Senate Banking markup, Galaxy’s head of research Alex Thorn said in a note on Friday. “We are now lowering that estimate to 60%.” Thorn said the bill must pass the Senate before a month-long August recess starting in late July, as “after that, the window effectively closes.” He added that major legislation has historically not moved in the lead-up to the midterm elections due to lawmakers campaigning. Read more

The CLARITY Act, the crypto industry’s biggest bill in Congress, is losing momentum just weeks after clearing a key Senate committee, raising the risk that Washington’s first major digital asset rulebook slips deeper into an election year. Galaxy Digital lowered its estimate that the CLARITY Act will become law in 2026 to 60% from 75%, […] The post CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says appeared first on CryptoSlate.

Scott Bessent said that the Treasury Department was “proceeding with all deliberate speed” on Donald Trump’s 2025 executive order to establish a strategic Bitcoin reserve and digital asset stockpile. US Treasury Secretary Scott Bessent told Senate lawmakers that his department is pushing to establish a strategic Bitcoin reserve and digital asset stockpile more than a year after it was called for in an executive order from President Donald Trump. Speaking at a Senate Finance Committee hearing on Trump’s fiscal year 2027 budget for Treasury on Wednesday, Bessent said that the department was “proceeding with all deliberate speed” on the president’s 2025 order to establish Bitcoin and digital asset reserves. Although the reserve has been filled with crypto seized by the government, Treasury officials had no additional acquisition plans as of March. “We are moving forward very quickly on that, and part of that is our digital assets initiative, the strategic Bitcoin reserve is something, this is new technology, thi...

For traditional US banks, the CLARITY Act was intended as a firewall that effectively barred crypto companies from offering “passive” interest on stablecoins. The legislation aimed to prevent a catastrophic deposit flight in which everyday checking account balances drain from the banking system into high-yield crypto exchanges. But as lawmakers prepare to finalize the framework, […] The post Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole appeared first on CryptoSlate.

Many Democratic lawmakers have said that they will not support any version of a crypto market structure bill without provisions on ethics to address potential conflicts of interest by elected officials. US Senate consideration of the Digital Asset Clarity (CLARITY) Act is likely to resume as members reconvene this week after an extended Memorial Day holiday. Many US lawmakers and crypto industry leaders are pushing for consideration of the CLARITY Act, a crypto market structure bill introduced by Republicans and passed by the House of Representatives in July 2025. The bill, expected to give more authority to the federal commodities regulator over digital assets, passed two crucial committees before the one-week break. It has been debated in Congress amid pushback from industry and banking representatives over stablecoins, tokenized equities and other issues. Read more

The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president's desk. The United States will lose its leadership position in crypto to other countries, including China, if US lawmakers fail to pass the Digital Asset Market Clarity Act (CLARITY), a crypto market structure bill, according to Wyoming Senator Cynthia Lummis. Passing a comprehensive crypto regulatory framework would “ensure” that other countries “do not write the rules of the next financial era,” Lummis said. She added in a separate X post: In May, the Senate Banking Committee voted to advance the CLARITY Act after the legislation had stalled for months, reviving crypto industry hopes that the bill might be codified into law in 2026. Read more

JPMorgan CEO Jamie Dimon criticized Coinbase CEO Brian Armstrong and warned the current CLARITY Act framework could ultimately fail, as banks and crypto firms clash over whether stablecoin issuers should be allowed to offer yield-bearing rewards that resemble bank deposits.

Senate Banking cleared the CLARITY Act 15-9 on May 14, and within two weeks, President Donald Trump posted on Truth Social pledging to codify a “future-proof” digital asset market that haters could not undo, calling the US the “crypto capital of the world.” Crypto allies are using the timing to press the argument that a […] The post Trump’s crypto push hits the Senate vote math behind CLARITY Act’s July 4 target appeared first on CryptoSlate.

The future of a digital asset market structure bill in Congress is still uncertain amid concerns over ethics provisions, with the president, whose crypto ties are under scrutiny, weighing in on social media. US President Donald Trump said Wednesday that he intended to codify a “future-proof digital asset market structure,” likely referring to the Digital Asset Market Clarity Act (CLARITY) under consideration in the US Senate. In a post to his Truth Social platform for the second time this week on policy claims potentially affecting the cryptocurrency industry, Trump said the law would prevent “crypto haters” in future administrations from rolling back regulations affecting digital assets. Source: Donald Trump Read more

Crypto Groups Push Senate to Pass CLARITY Act The post Crypto Advocacy Groups Launch All-Out Blitz to Secure Senate Support for CLARITY Act appeared first on Cryptonews.

Labor argues the bill could give digital assets enough regulatory cover to move closer to retirement accounts before safeguards catch up. The post US labor federation warns CLARITY Act could push crypto closer to workers’ retirement money appeared first on CryptoSlate.

Washington just gave crypto one of its clearest policy wins of 2026. Bitcoin ETF demand cracked anyway. The Senate Banking Committee advanced H.R. 3633, the Digital Asset Market Clarity Act, by a 15-9 vote on May 14, sending the market-structure bill toward the Senate floor. CryptoSlate reported that Bitcoin moved back above $81,000 after the vote, a clean headline […] The post Bitcoin ETF demand weakens despite CLARITY Act policy win appeared first on CryptoSlate.

The CLARITY Act is moving toward the Senate floor with a promise crypto has spent years asking for: a clearer federal map for digital asset markets. The under-covered risk is that the map runs through the CFTC, making CFTC crypto regulation a capacity test for spot-market oversight after its payroll workforce fell by more than […] The post CLARITY Act will give crypto a new regulator before the CFTC has the staff to run it appeared first on CryptoSlate.

XRP is trading in a razor-thin price band around $1.38 as the token absorbs every sell wave without cracking. However, .. The post XRP Price About To Break Out? CLARITY Act and XRPL Upgrade Change Everything appeared first on Cryptonews.

The CLARITY Act could be signed into law in the week of Aug. 3 if Congress keeps pace after a bipartisan Senate Banking Committee vote moved the crypto market structure bill into its next phase, Galaxy Digital’s research arm said. Galaxy Research raised its estimate of the bill’s chances of becoming law in 2026 to […] The post CLARITY Act could be signed into law by President Donald Trump in early August — Galaxy Digital appeared first on CryptoSlate.

The Senate Banking Committee advanced the Digital Asset Market Clarity Act by a 15-9 vote, and the National Cryptocurrency Association (NCA) says the vote's most enduring effect may be the signal that Washington is building a defined regulatory framework for digital assets. The bill still needs a Senate floor vote, and Democrats have raised objections […] The post CLARITY Act is not law yet, but the markup is a major retail adoption trust catalyst appeared first on CryptoSlate.

A16z crypto said that when US legal frameworks strike a balance between innovation and consumer protection, the impact tends to ripple through into global markets. The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto. “If the US provides builders with regulatory clarity, it will be a boon for domestic innovation,” a16z crypto said in an X post on Friday. A16z pointed to the passage of the GENIUS Act in July 2025, which created a regulatory framework for stablecoins, as a possible indication of what may happen following the CLARITY Act. Read more

Santiment warned that the crypto market “typically” moves against crowd expectations, pointing to a recent rise in bullish sentiment driven by renewed momentum around the US CLARITY Act. Sentiment around Bitcoin’s near-term price direction has picked up as momentum builds behind the US CLARITY Act, which aims to provide the crypto industry with greater regulatory clarity, according to crypto sentiment platform Santiment. “Bitcoin has seen a major spike of euphoria across social media following news that the Senate Banking Committee advanced the CLARITY Act in a 15–9 bipartisan vote,” Santiment said in an X post on Friday. “This brings BTC and crypto one step closer to being ultimately passed,” Santiment said. Read more

The US Commodity Futures Trading Commission is currently headed by Chair Michael Selig, with no public statement from Donald Trump about fully staffing the five-member panel of commissioners. The Republican chair and Democratic ranking member of the US House of Representatives Committee on Agriculture have called on President Donald Trump to fully staff the leadership at a key financial regulator, citing the potential impact of a crypto market structure bill. In a Friday letter to Trump, House Agriculture Committee Chair Glenn Thompson and ranking member Angie Craig asked the president to “nominate a full panel” of bipartisan leaders for the US Commodity Futures Trading Commission (CFTC). The representatives cited “urgent regulatory issues” facing the US regulator in addition to a “significant rulemaking process” required if the Digital Asset Market Clarity Act (CLARITY) becomes law. “Ensuring the Commission is well-equipped as the leading derivatives markets regulator in the world is a bipartisan priority fo...