The CLARITY Act | Crypto

The "biggest market" in crypto is conducting the vast majority of its trading volume outside of US-based exchanges, according to Attorney Bill Hughes. Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes, the senior counsel and director of global regulatory matters at Consensys, a crypto infrastructure company.  “The US dollar is the world's largest fiat on-ramp for cryptocurrency, accounting for over $2.4 trillion in volume between July 2024 and June 2025,” Hughes said. However, the vast majority of crypto trading volume takes place on exchanges based outside of the United States, Hughes said, adding that Binance alone accounted for over 38% of all centralized exchange trading volume in December 2025. Read more

Overregulation of the crypto industry would negatively impact markets and gut decentralized finance (DeFi), according to Michaël van de Poppe. The failure of the CLARITY crypto market structure bill to advance in the United States Congress is positive for crypto markets and the industry, according to market analyst Michaël van de Poppe.  Van De Poppe cited crypto exchange Coinbase withdrawing support for the bill on Wednesday and Coinbase CEO Brian Armstrong’s X post listing several concerns with the most recent version of the bill. The issues included a “de facto ban” on tokenized stocks, government access to user records on decentralized finance (DeFi) platforms and prohibiting yield-bearing stablecoins, Armstrong said. Van De Poppe said: Read more

Committee staff have circulated revisions for the CLARITY Act ahead of a Jan. 15 title-by-title markup, reviving a digital-asset framework that stalled in 2025. Draft text keeps CFTC lead for qualifying tokens, sets SEC lane for yield features, and tightens DeFi front-end registration. The post Senate Sets January Markup On The CLARITY Act – Traders Brace for DeFi Amendments appeared first on Cryptonews.