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CLARITY Act Faces Senate Markup Next Week Over Ethics Rules


CLARITY Act Faces Senate Markup Next Week Over Ethics Rules

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CLARITY Act heads to a Senate Banking Committee markup next Thursday; Chairman Tim Scott aims to complete it before the May 21 Memorial Day recess and the White House targets a July 4 signature. Bill would define SEC vs CFTC oversight and create a U.S. market structure for digital assets; negotiations focus on stablecoin yields, DeFi rules and Democrats pushing tougher ethics restrictions on officials with crypto ties (crypto, DeFi, stablecoins, SEC, CFTC, ethics).

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  • CLARITY Act heads to Thursday markup as Democrats seek tougher crypto ethics language.
  • The bill aims to define whether digital assets fall under SEC or CFTC oversight in the U.S.
  • Stablecoin yields, DeFi rules, and SEC-CFTC authority remain key issues in Senate talks.

The CLARITY Act is moving toward a Senate Banking Committee markup next Thursday. Its progress now depends on a dispute over crypto ethics rules. Democrats want stronger restrictions on federal officials and elected leaders with digital asset ties.

Committee Chairman Tim Scott is seeking to complete the markup before May 21, when the Memorial Day recess begins. The White House has set a July 4 target for the president’s signature.

CLARITY Act Negotiations Focus on Crypto Ethics Rules

The bill aims to create a market structure framework for digital assets in the United States. It would define wh…

Read The Full Article CLARITY Act Faces Senate Markup Next Week Over Ethics Rules On Coin Edition.

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