CEO Calls CLARITY Act ‘Horrible Bill,’ Warns Of Prolonged Crypto Bear Market ...
A key US crypto policy bill, the CLARITY Act, is now moving through its final stages in the Senate, with potential action tied to the Senate Banking Committee’s last markup expected in May. But Morgan Creek Capital CEO Mark Yusko says the legislation—despite broad praise from much of the crypto industry—could actually prolong the current downturn in digital assets. Bear Market Could Extend Beyond October In a YouTube interview with Paul Barron published Tuesday, Yusko described the CLARITY Act as “a horrible bill,” warning that if it passes, it would not trigger the bullish shift many....
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Quick Facts: ➡️ US lawmakers push the Clarity Act that Lummis calls the biggest crypto bill ever and a full legal system for digital assets and stablecoins. ➡️ Regulatory clarity could funnel new users to secure, mobile wallets with simple onramps, favoring stacks like Best Wallet with Fireblocks MPC security. ➡️ $BEST presale shows 23 […]
The anticipated crypto market structure bill, or namely the CLARITY Act, designed to provide essential regulatory clarity for digital assets in the United States, is approaching critical dates in the Senate. However, it faces significant complexities related to stablecoin yield, conflicts of interest, and decentralized finance (DeFi). Senate Divided On Crypto Market Structure Bill Legal […]
Efforts to advance the long‑anticipated crypto market structure legislation, known as the CLARITY Act, are running into renewed headwinds as Washington’s attention gradually turns toward the 2026 midterm elections. Despite ongoing discussions at the White House and behind‑the‑scenes negotiations among lawmakers, banking and crypto industry leaders, the bill remains stalled, with bipartisan consensus still out […]
US Federal Reserve (Fed) Governor has warned about the potential risks that stablecoin may pose to financial stability and urged for strong oversight, as the industry awaits the final text of the highly anticipated crypto market structure bill. Related Reading: SEC Questioned Over Treatment Of Trump’s ‘Crypto Backers’ Amid Enforcement Chief Exit Fed Governor Calls […]
The future of the CLARITY Act — widely referred to as the crypto market structure bill — remains uncertain after the March 1 deadline set by the White House passed without the expected breakthrough between the banking industry and crypto representatives. Key Hurdle In Crypto Bill Negotiations Despite concerns that talks may be stalling, reporting […]