Senate Makes Move Toward CLARITY Act: August Signing Target Stays Alive, For Now
After the CLARITY Act cleared key hurdles in the Senate—thanks to successful markup work by both the Agriculture and Banking Committees—the legislation is now entering a narrow stretch of time that could determine whether it reaches the President’s desk this year. Supporters say the bill’s momentum is real, but the path ahead is tight, both […]
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The Blockchain Association, one of the industry’s biggest advocacy groups, urged Senate leadership to move forward on the long-awaited CLARITY Act in a letter sent Tuesday to Senate Majority Leader John Thune and Senate Democratic Leader Chuck Schumer, signed by 160 former national security, intelligence, and law enforcement professionals. The signatories contend that without a […]
Four working weeks. That’s all the time left in June for the US Senate to move on the CLARITY Act before lawmakers head into recess — and the crypto industry is watching the clock. Related Reading: $1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery A Crowded Legislative Calendar Senate Majority Leader John […]
The crypto market faces one of its most consequential regulatory tests this week as the US Senate Banking Committee prepares to vote on the CLARITY Act on Thursday, May 14. The markup session will determine whether the most comprehensive digital asset legislation in American history advances toward a full Senate floor vote — or returns […]
The CLARITY Act is moving into a tight, time-sensitive phase after the Senate Banking Committee released its draft on Friday. With the stablecoin compromise text now out in the open, attention is shifting to the long-awaited next step: a Senate Banking Committee markup. CLARITY Act Heads Toward Committee Action As Bitcoinist reported over the weekend, […]
After months of negotiations involving the crypto industry, the banking sector, and lawmakers who had been publicly calling for changes, the long-awaited CLARITY Act has cleared a major step toward becoming law. The measure advanced with support across party lines in the Senate Banking Committee, winning the last pre–full Senate vote hurdle ahead of the […]