Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail
The 140-partner model challenges USDC reserve economics while leaving issuer, reserve and redemption tests unresolved.
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What states can still do to crypto after GENIUS and CLARITY
Illinois just became the first state to tax crypto by the transaction. The new 0.2% levy hits nearly every trade, transfer, or custody service an exchange runs for an Illinois resident, and it takes effect January 1, 2027. Governor JB Pritzker signed the Digital Asset Tax Act in mid-June, tucked inside a $55.9 billion budget. …
CLARITY Act chances of passage this year falls to 50% after Trump’s new demands
The CLARITY Act, the crypto industry’s most important bill in Congress, is running out of time. The bill, which would establish federal rules for the crypto industry, is increasingly at risk of slipping deeper into the 2026 election year amid renewed partisan fights and a new demand from President Donald Trump that has made an …
Crypto firms race to lock in CLARITY Act rules before the Senate window closes
Some of the largest US crypto companies and advocacy groups are escalating a coordinated lobbying campaign to secure a Senate vote on landmark digital-asset legislation before lawmakers leave Washington for their August recess. The industry’s push for the Digital Asset Market CLARITY Act comes as the Senate confronts a narrowing legislative calendar, and negotiations remain …
Cynthia Lummis gave CLARITY Act a July promise, but it still needs a Senate path
Senator Cynthia Lummis told Fox Business on June 24 that negotiators expect final Senate compromise language around the July 4 recess and then plan to “move in July,” the most public deadline any sponsor has set for a bill that cleared the Senate Banking Committee in May. The declaration came before Senate Majority Leader John …
Crypto finally has a CLARITY Act date – delivery now depends on seven Senate Democrats
The House Financial Services Committee has scheduled a July 17 field hearing in New York on the CLARITY Act, giving the bill another public stage while the Senate floor vote that would decide its immediate path remains unscheduled. The CLARITY Act cleared the House in July 2025, with 78 Democrats joining the majority, establishing
CLARITY Act moves to a fight between cops and coders
On June 10, administration officials hosted law enforcement groups at the White House to resolve the provision most likely to block the CLARITY Act from reaching the Senate floor for a vote. As Eleanor Terrett reported, the meeting drew around 20 attendees over nearly 90 minutes, with developer protections drawn from the Blockchain Regulatory Certainty …
CLARITY Act momentum slows to a crawl as lawmakers clash over crypto ethics rules
Bipartisan Senate talks over crypto ethics turned rocky this week after a Democratic source described an “about-face” by GOP members and the White House on a prior enforcement agreement. The disputed provision would have allowed state attorneys general to sue the Justice Department for failing to enforce certain crypto ethics requirements. As Punchbowl News and …
Crypto’s CLARITY push heats up, but prediction markets aren’t buying the August deadline
A coalition of more than 200 companies and organizations sent a letter dated June 7 to Senate Majority Leader John Thune and Senate Minority Leader Charles Schumer, urging them to bring the CLARITY Act to the full Senate floor for a vote without delay. Signed by Stand With Crypto, the Blockchain Association, the Crypto Council …
Big banks may have found their answer to the CLARITY Act’s stablecoin challenge
The Clearing House plan gives banks 24/7 tokenized settlement while keeping customer money inside regulated deposit accounts.
CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says
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%, …
Banks pushed Congress to kill stablecoin yield with CLARITY Act – Coinbase may have found the loophole
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, …
Trump’s crypto push hits the Senate vote math behind CLARITY Act’s July 4 target
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 …
US labor federation warns CLARITY Act could push crypto closer to workers’ retirement money
Labor argues the bill could give digital assets enough regulatory cover to move closer to retirement accounts before safeguards catch up.
Bitcoin ETF demand weakens despite CLARITY Act policy win
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 …
CLARITY Act will give crypto a new regulator before the CFTC has the staff to run it
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 …
CLARITY Act could be signed into law by President Donald Trump in early August — Galaxy Digital
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 …
CLARITY Act is not law yet, but the markup is a major retail adoption trust catalyst
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 …
Bitcoin rips as CLARITY Act clears major Senate Committee hurdle, advances to the full Senate floor
Bitcoin surged back above $81,000 after the Senate Banking Committee voted to advance the Digital Asset Market CLARITY Act, clearing a major hurdle for the most comprehensive crypto regulation bill in US history. On May 14, the panel approved the legislation on bipartisan lines, sending the legislation to the full Senate floor. The successful markup …
Crypto markets are massively underpricing Clarity Act passing – Hashdex warns
The Senate Banking Committee meets in executive session later today, May 14, to consider the CLARITY Act, a bill that already cleared the House 294-134 in July 2025 and needs at least 7 Democratic votes to advance in the full Senate. Hashdex CIO Samir Kerbage reads the current crypto price action as confirmation that