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Crypto

U.S. Senate push for Clarity Act draws backing from majority whip, faces Democratic and bank-sector resistance

Calls are growing in the U.S. Senate to take up the Clarity Act, which would set a regulatory framework for digital assets, but a vote is becoming less certain ahead of a five-week recess. Senate Majority Whip John Barrasso urged passage, citing last year’s GENIUS Act. Democrats and banking lobby groups have raised objections, including ethics provisions and stablecoin yield payments, while the White House reviews amendments.

Crypto

White House discusses bipartisan compromise on ethics rules as U.S. CLARITY bill faces late hurdle

The Trump administration is working on a bipartisan compromise on public ethics rules tied to the CLARITY bill, a U.S. digital asset market-structure proposal. The White House is discussing terms reflecting demands from both Democrats and Republicans as ethics provisions emerge as a key sticking point for Senate passage. The Senate has yet to move toward ending debate or placing the bill on its formal agenda, and other business is scheduled ahead of an Aug. 10 recess.

Crypto

U.S. Senate banking chair says CLARITY bill could face vote before August recess

Tim Scott, chair of the U.S. Senate Banking Committee, said the CLARITY bill could be brought to a Senate vote before the August recess. He said the Senate should hold an initial vote before entering its next work period this week. Scott said Senate Republican leader John Thune could announce a schedule for a final vote in coming days. Democrats and banks have raised issues that still require coordination.

Search results for Tim Scott

U.S. Senate push for Clarity Act draws backing from majority whip, faces Democratic and bank-sector resistance

White House discusses bipartisan compromise on ethics rules as U.S. CLARITY bill faces late hurdle

U.S. Senate banking chair says CLARITY bill could face vote before August recess

U.S. crypto policy exodus cuts odds of Clarity Act passage this year to 27 percent

U.S. police union backs Clarity Act revision, Coinbase urges Senate to take position

U.S. Senate Banking chair seeks to pass Clarity Act, hopes for clearer rules

U.S. CFTC chair urges Congress to pass CLARITY Act

Clarity Act Senate vote nears as U.S. House lawmaker urges action in July

U.S. Clarity Act approval odds rebound to 55 percent, August recess seen as key test

Clarity bill faces July turning point as U.S. crypto regulation hangs in balance

CLARITY Act fate hinges on next 2 weeks as U.S. Senate enters last-ditch talks

Pressure builds for Clarity Act Senate vote, but prediction markets see August deadline unlikely

Trump pro-crypto push prompts U.S. SEC, Ripple to call for CLARITY Act passage

Progress on U.S. CLARITY Act but 60 votes in full Senate uncertain

U.S. Senate banking panel CLARITY bill lifts bitcoin on hopes of clearer rules

U.S. CLARITY Act nears Senate Banking Committee approval after Kennedy backs bill

Galaxy Digital says U.S. CLARITY Act could pass with bipartisan support after long delay

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