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Crypto

U.S. Senate banking panel releases CLARITY bill amendment ahead of markup

The U.S. Senate Banking Committee has released an amended version of the CLARITY crypto market structure bill reflecting stablecoin reward limits and protections for DeFi developers. The amendment does not include ethics provisions addressing potential conflicts of interest tied to President Donald Trump and his family’s crypto businesses, which Democrats say must be included. The bill must clear committee review and later be reconciled with a similar measure from the Senate Agriculture Committee.

Crypto

CLARITY Act may pick up pace in U.S. Senate as stablecoin reward dispute eases

The U.S. Senate\'s crypto market structure bill known as the CLARITY Act may regain momentum at the Senate Banking Committee stage after some differences over stablecoin rewards eased. Senator Thom Tillis said many concerns raised by the banking industry had been addressed and he would recommend moving ahead with the amendment review process and a markup. The timeline remains tight, with unresolved issues including ethics provisions and possible jurisdictional disputes.