White House adviser says Clarity Act could become law by July 4

A senior White House official expressed optimism this week that the Clarity Act could reach President Donald Trump's desk by Independence Day. The comments came during Consensus Miami 2026, where lawmakers and industry figures also discussed ethics rules and prediction markets.

White House Executive Director Patrick Witt told attendees it remains possible for Trump to sign the Clarity Act into law by July 4. The schedule would require a Senate Banking Committee markup this month, several weeks for bill merging and reconciliation, and final votes in both chambers.

Makala yanayohusiana

Senate banking committee members in a formal hearing room debating cryptocurrency legislation.
Picha iliyoundwa na AI

Senate banking committee to mark up clarity act next week

Imeripotiwa na AI Picha iliyoundwa na AI

Lawmakers are accelerating efforts to advance the Digital Asset Market Clarity Act through the Senate, with a key committee markup scheduled for the week of May 11. White House and congressional officials are pushing for passage by July 4 amid ongoing negotiations over stablecoin rules and ethics provisions.

A Coinbase executive and crypto adviser predict the Senate Banking Committee will hold its markup on the Digital Asset Market Clarity Act this month, leaving time for a potential Senate floor vote in June as lawmakers target July 4 passage.

Imeripotiwa na AI

The CLARITY Act, aimed at providing regulatory clarity for digital assets, is advancing in Washington with hopes of passage by mid-2026. Negotiations focus on stablecoin yields, drawing involvement from President Trump and industry leaders. The bill could benefit ISO 20022-compliant coins like XRP and Stellar amid ongoing debates between banks and crypto firms.

The latest White House meeting between bankers and crypto experts showed progress on stablecoin yield issues, though no agreement was reached. This third session aimed to resolve a key impasse blocking the Digital Asset Market Clarity Act. Participants described the discussions as constructive, with more talks expected.

Imeripotiwa na AI

In the latest on the stalled Digital Asset Market Clarity Act, former CFTC Chair Christopher Giancarlo argues banks require regulatory clarity more urgently than crypto companies for digital payments. The bill remains deadlocked over stablecoin rewards after missing a March 1 White House deadline, amid banks' fears of capital flight.

Ijumaa, 8. Mwezi wa tano 2026, 17:04:00

Senate banking committee sets clarity act markup for may 14

Ijumaa, 8. Mwezi wa tano 2026, 03:23:01

Clarity act markup faces ethics and stablecoin hurdles

Jumanne, 5. Mwezi wa tano 2026, 09:10:29

Ripple CEO says crypto market structure bill not a done deal

Jumamosi, 2. Mwezi wa tano 2026, 10:39:27

Senators release CLARITY Act compromise on stablecoin yields

Jumatano, 25. Mwezi wa tatu 2026, 13:39:11

Trump pushes Congress to pass SAVE America Act at 'Trump speed'

Jumanne, 10. Mwezi wa tatu 2026, 22:52:44

Senators negotiate compromise to advance stalled CLARITY Act

Jumatano, 4. Mwezi wa tatu 2026, 11:46:17

Bitcoin surges above $72,000 on Trump crypto bill support

Jumanne, 3. Mwezi wa tatu 2026, 07:07:23

Trump urges passage of clarity act amid bank-crypto dispute

Jumapili, 15. Mwezi wa pili 2026, 04:11:30

Reddit trader calls CLARITY Act a trojan horse for crypto

Ijumaa, 13. Mwezi wa pili 2026, 00:48:10

Treasury secretary urges quick passage of crypto Clarity Act

Tovuti hii inatumia vidakuzi

Tunatumia vidakuzi kwa uchambuzi ili kuboresha tovuti yetu. Soma sera ya faragha yetu kwa maelezo zaidi.
Kataa