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Crypto

U.S. CLARITY Act stalls for a month as Senate talks lag

Public debate on the U.S. crypto market structure bill known as the CLARITY Act has shown no progress for a month, narrowing the window for passage before elections. CoinDesk reported the bill is unlikely to be handled within April and that Congress has limited time left. The industry is pressing for a Senate Banking Committee markup hearing, but timing, unresolved issues including stablecoin yield, and other congressional priorities may push the bill down the agenda.

Crypto

More than 120 U.S. crypto groups urge Senate to take up Clarity Act

U.S. crypto industry groups are pressing the Senate to move quickly on legislation to clarify regulation of digital assets. More than 120 trade groups sent a joint letter to the Senate Banking Committee urging prompt action on a digital asset market structure bill that includes the Clarity Act. The groups said delayed rules risk harming global competitiveness and called for clearer jurisdiction between the SEC and the CFTC, along with changes covering stablecoins, developers and tax reporting.

Crypto

U.S. Senator Lummis backs using bitcoin for national security, urges fast passage of Clarity Act

U.S. Republican Senator Cynthia Lummis (신시아 루미스) urged Congress to move quickly on the Clarity Act after testimony that the U.S. Indo-Pacific Command is running real-time bitcoin nodes and testing the protocol for military network security. The debate is about bitcoin’s potential use in military and security infrastructure, not its price. Lummis warned legislative momentum could fade until at least 2030 if the Senate Banking Committee does not advance the bill by April 25.