the clarity act

Senate Democrats have rejected the ethics provision in the latest Clarity Act draft in blunt terms, and Majority Leader John Thune cast doubt on...

Goldman Sachs CEO David Solomon endorsed the Clarity Act, breaking with much of the banking industry as Senate Republicans push the crypto market-structure bill despite mounting opposition over stablecoin yield provisions and ethics concerns.

White House officials are urging Senate Democrats to accept President Trump's ethics deal on the Clarity Act, with negotiations entering the final stretch before Congress' August recess.

Coinbase's Ryan VanGrack said the Clarity Act is gaining strong Senate momentum and argued it would bring long-awaited federal rules, stronger consumer protections, and regulatory clarity to the crypto industry.

Congress has scheduled a July 17 hearing in New York on the CLARITY Act as momentum builds for the crypto market structure bill.

More than 60 leading crypto executives urged Senate leaders to pass the Digital Asset Market Clarity Act with its blockchain developer protections intact.

Stand With Crypto and more than 200 companies and organizations sent a letter to the Senate urging them to schedule the Digital Asset Market Clarity Act for a full Senate vote.

Over 110 crypto investors, developers, and advocacy groups have signed a sweeping letter to the U.S. Senate Banking Committee, warning that failure to protect open-source software developers could drive innovation overseas and stall crypto adoption.

Members of the crypto industry and digital asset specialists argue that if the U.S. doesn’t pass legislation on digital asset market structure soon, it might cede authority to legal regimes from other countries.

Senator Bill Hagerty (R-TN), the main sponsor for the GENIUS Act, and policy analysts from the Bitcoin Policy Institute and Galaxy Digital believe that combining the GENIUS Act with the CLARITY Act as the former heads to the House floor for a vote will lower the likelihood of it passing.