July 4 Target Set For CLARITY Act: Last Markup This Month, Floor Vote In June
The long-awaited CLARITY Act is moving closer to a final breakthrough, and senior administration officials say there is still a workable path to passage—potentially on a very specific date. Speaking at CoinDesk’s Consensus conference in Miami on Wednesday, Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, laid out a timeline […]
Related News
Coinbase’s Chief Policy Officer, Faryar Shirzad, said in a Thursday interview with FOX Business that meaningful progress is being made on the long-delayed CLARITY Act, the crypto market-structure bill that has been stuck in Congress for nearly five months. Potential Markup As Early As This Month During the interview, Shirzad described recent developments as encouraging. […]
With Congress back from its Easter recess and optimism reportedly building during the week’s talks over the remaining sticking points in the CLARITY Act, attention has shifted to a new concern: the Senate Banking Committee markup appears to have been pushed back to the final week of April or, potentially, into mid-May. The delay has […]
A new report released on Monday by market analyst Sam Daodu lays out three potential paths for the XRP price this month, with the deciding factor tied to the US crypto market structure bill known as the CLARITY Act. Daodu expects the bill to reach some kind of resolution within the remaining two weeks of April, and he argues that how the next few days unfold could determine whether XRP continues consolidating—or breaks out of its current trading zone. Why April Holds The Key According to Daodu, the Banking Committee now has about two weeks to schedule a CLARITY Act vote before midterm....
Over 100 industry organizations have pressed the Senate to move forward with a markup of the crypto market structure bill to “future-proof” the industry and “cement” US leadership in financial innovation. Related Reading: Russia Advances Bill To Regulate Crypto Market, Eyes July 1st Implementation Crypto Groups Push Senate For Markup Date On Thursday, the Crypto […]
The CLARITY Act is moving into a tight, time-sensitive phase after the Senate Banking Committee released its draft on Friday. With the stablecoin compromise text now out in the open, attention is shifting to the long-awaited next step: a Senate Banking Committee markup. CLARITY Act Heads Toward Committee Action As Bitcoinist reported over the weekend, […]