CLARITY Act

Highlights: Banks rejected the stablecoin rewards deal, and talks on the crypto market bill stalled again. Crypto companies say rewards help attract users, while banks fear that stablecoins could draw funds from deposits. Lawmakers are facing limited time to pass […]

Highlights: Trump slams banks for delaying the passage of GENIUS Act for stablecoin regulation. The US president warned that if the delay persists, crypto growth could shift to other regions like China. Banks argued that the new bill contains a […]

Highlights: JPMorgan says the CLARITY Act approval could improve crypto market confidence later this year. Senate disagreements over stablecoin rewards continue to delay a final vote. The proposed framework would clearly divide token oversight between the CFTC and the SEC. […]

Highlights: Brad Garlinghouse believes the CLARITY Act has 90% chance of passing by April. The CLARITY bill aims to clarify oversight between the SEC and the CFTC for digital assets. Prediction markets raise CLARITY Act passage odds to between 85 […]

Highlights: The White House refocuses stablecoin yield discussions to reward activities, not idle balances. Banking groups worry more about competition than deposit flight due to stablecoin rewards. The March 1 deadline pushes both the crypto and banking sectors to reach […]

Highlights: White House to host third stablecoin yields meeting at 9 a.m. ET Friday. The main agenda will address tensions between banks and crypto firms over yield-bearing stablecoins. These talks directly affect the stalled bipartisan CLARITY Act, which aims to […]

Highlights: Patrick Witt says banks should not fear stablecoin yield and can offer similar products. Lawmakers face a narrowing window to pass the CLARITY Act before the 2026 midterms. The White House has paused federal Bitcoin sales and is centralizing […]

Highlights: Lawmakers left the White House without reaching an agreement on stablecoin yield provisions in the crypto bill. Banking groups pushed for a broad ban on stablecoin rewards, citing deposit and liquidity concerns. The Senate Banking Committee still lacks bipartisan […]

Highlights: Senator Lummis urges American banks to embrace stablecoins for novel financial products. The CLARITY Act is delayed because of resistance to stablecoin yield provisions. Stablecoins would provide banks with a new source of income and attract more customers. Senator […]

Highlights: The Senate Agriculture Committee advanced the CLARITY Act draft after a narrow party-line vote. The bill assigns crypto oversight between the SEC and CFTC while adding registration and customer protection rules. Senate Banking Committee delays and ethics disputes continue […]

Highlights: USDU is now the first stablecoin officially approved by the UAE. Its dollar reserves are fully backed and secured with regular audits. The Aquanow partnership will help institutions adopt USDU more easily. Universal Digital International Limited announced on Thursday […]

Highlights: White House talks aim to resolve stablecoin reward disputes that are delaying the CLARITY Act. Banks and crypto firms remain divided over third-party yield on dollar-pegged stablecoins. Senate delays continue as committees struggle to align on crypto market oversight. […]