Single Swing Vote May Determine Fate Of The CLARITY Act In Banking Committee
Despite strong backing from President Donald Trump and ongoing discussions at the White House, the CLARITY Act — the Senate’s long-debated crypto market structure bill — remains stalled as political divisions persist and the midterm elections draw closer. The legislation has been slowed by continued resistance from Senate Democrats and the banking industry, both of […]
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A new report released on Monday by market analyst Sam Daodu lays out three potential paths for the XRP price this month, with the deciding factor tied to the US crypto market structure bill known as the CLARITY Act. Daodu expects the bill to reach some kind of resolution within the remaining two weeks of April, and he argues that how the next few days unfold could determine whether XRP continues consolidating—or breaks out of its current trading zone. Why April Holds The Key According to Daodu, the Banking Committee now has about two weeks to schedule a CLARITY Act vote before midterm....
The anticipated US crypto market structure bill, seen as a landmark piece of legislation following the GENIUS Act, is unlikely to pass this year as Senate Banking Committee Chair Tim Scott announced the postponement of a committee vote. Instead, discussions regarding the bill are expected to resume in early 2026. Pushing Crypto Bill Discussions To Next […]
Negotiations over the CLARITY Act — the Senate’s long‑anticipated crypto market‑structure bill — appear to be nearing a conclusion, but key details remain under wraps, and no official date has been set for a Senate Banking Committee markup. Industry sources and reporters tracking the talks say progress has been significant, yet the bill’s final language […]
California’s assembly committee on banking and finance has approved a bill that would regulate cryptocurrencies such as Bitcoin in a similar fashion to New York’s controversial BitLicense. Dubbed AB-1326 Virtual Currency, the legislation is now headed to the appropriations committee before reaching a vote on the assembly floor. The bill would make it a crime in California to operate a virtual currency business without first registering with the commissioner of business oversight, satisfying all requirements, and paying an application fee of $5,000. Businesses must also file audits and....
With Congress back from its Easter recess and optimism reportedly building during the week’s talks over the remaining sticking points in the CLARITY Act, attention has shifted to a new concern: the Senate Banking Committee markup appears to have been pushed back to the final week of April or, potentially, into mid-May. The delay has […]