# CLARITY Act Related Articles

HTX News Center provides the latest articles and in-depth analysis on "CLARITY Act", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

CLARITY Act News: Coinbase CEO Responds To Dimon While JPMorgan Sees Low Odds Of 2026 Passage

Coinbase CEO Brian Armstrong responded to JPMorgan Chase CEO Jamie Dimon's criticism of the CLARITY Act, a crypto regulation bill, calling Dimon's personal remarks "kind of sad" while expressing personal respect. Armstrong argued the bill would benefit traditional banks by providing a clearer regulatory framework and also help crypto companies, urging a focus on passing the legislation. Dimon had stated banks would not accept the current bill and predicted continued resistance from traditional finance. Meanwhile, JPMorgan analysts indicated the odds of the bill passing in 2026 are low, citing time constraints, the approaching midterm elections, and legislative hurdles like stablecoin yield debates.

bitcoinist06/04 23:01

CLARITY Act News: Coinbase CEO Responds To Dimon While JPMorgan Sees Low Odds Of 2026 Passage

bitcoinist06/04 23:01

Blockchain Association Urges Senate To Pass CLARITY Act With Letter Backed By 160 Ex-Officials

The Blockchain Association, along with 160 former national security and law enforcement officials, has urged Senate leaders to pass the CLARITY Act. They argue that without clear federal regulation, crypto activity will move to opaque offshore markets, hindering U.S. efforts to combat financial crime. The letter highlights that the Act would strengthen law enforcement by expanding anti-money laundering and sanctions requirements under the Bank Secrecy Act, improving information sharing between agencies like the Treasury, DOJ, and FBI, and enhancing oversight of digital asset kiosks with measures like transaction monitoring and fraud prevention. The Association emphasizes these are enforcement enhancements, not deregulation. Momentum for the bill is building, with a Senate vote expected this summer, though it would still need reconciliation with a previously passed House version.

bitcoinist06/04 06:01

Blockchain Association Urges Senate To Pass CLARITY Act With Letter Backed By 160 Ex-Officials

bitcoinist06/04 06:01

CLARITY Act At The Center Of Latest Political Clash: Sen. Lummis Hits Back At JPMorgan CEO

Senator Cynthia Lummis has defended the proposed CLARITY Act against criticism from JPMorgan CEO Jamie Dimon. In a CNBC interview, Lummis argued that Dimon's claim the bill lacks sufficient anti-money laundering (AML) and Bank Secrecy Act (BSA) safeguards is incorrect, stating the legislation contains over 1,600 references to these provisions. Dimon, a crypto skeptic, had argued crypto firms should face the same standards as banks if they perform similar functions. Lummis countered that the bill builds on existing bank regulations. She also outlined next steps for the crypto legislative package, including merging the CLARITY Act's SEC-related parts with commodity market provisions from the Senate Agriculture Committee and revising the GENIUS Act on stablecoins.

bitcoinist06/03 23:02

CLARITY Act At The Center Of Latest Political Clash: Sen. Lummis Hits Back At JPMorgan CEO

bitcoinist06/03 23:02

Global Crypto Regulation "Closing the Net": Hong Kong, EU, US Simultaneously Take Action, Is the Compliance Window Closing?

Global Crypto Regulation Tightens: Hong Kong, EU, and US Simultaneously Enforce Rules, Closing the Compliance Window? The global virtual asset regulatory landscape is shifting from rule-making to enforcement. Recent moves by Hong Kong, the EU, and the US signal a coordinated push towards market restructuring based on licensing, product classification, custody, and client segmentation. **Hong Kong**'s SFC issued a circular on "Relevant Stablecoins" on May 27, formally establishing a two-tier regulatory architecture where the HKMA oversees issuance and the SFC oversees trading and distribution. This creates differentiated, often lighter-touch, rules for compliant, licensed stablecoins compared to other virtual assets, fitting into a broader strategy to develop stablecoins as settlement infrastructure, tokenized securities as investment products, and licensed VATP platforms as distribution channels. The **European Union** is approaching a critical deadline, with the MiCA transition period ending on July 1. After this date, unlicensed Crypto-Asset Service Providers (CASPs) must cease serving EU clients. With only about 210 authorized CASPs across 23 member states so far, a significant market consolidation is expected, as the application process now takes 6-9 months. In the **United States**, the CLARITY Act passed a key Senate committee vote on May 14. This landmark bill aims to clarify jurisdiction between the SEC and CFTC, establish registration rules for trading platforms and custodians, and create a federal framework for stablecoin regulation. A key compromise prohibits "passive yield" on stablecoin balances but allows "activity rewards" tied to specific functions like payments. The convergence of these regulatory actions highlights a fundamental shift: stablecoins, with a payment volume rivaling major card networks, are being treated as critical financial infrastructure rather than unregulated digital assets. The core message is clear: compliance is transitioning from an operational cost to a mandatory license for market access, determining which players will participate in the next phase of the digital asset economy.

marsbit06/03 13:51

Global Crypto Regulation "Closing the Net": Hong Kong, EU, US Simultaneously Take Action, Is the Compliance Window Closing?

marsbit06/03 13:51

Senate Makes Move Toward CLARITY Act: August Signing Target Stays Alive, For Now

The Senate has advanced the CLARITY Act, clearing key committee hurdles and keeping alive the target of reaching the President's desk by August. However, the path remains tight both procedurally and politically. Supporters must reconcile competing versions from the Senate Agriculture and Banking Committees into a single text. Key challenges include securing bipartisan support, especially from some Senate Agriculture Democrats, to reach the 60 votes needed to overcome a filibuster. Within the Banking Committee, Democratic support from Senators Gallego and Alsobrooks remains contingent on finalizing ethics guardrails for officials dealing with crypto, which lead Democratic architect Senator Gillibrand calls "non-negotiable." Additional Democrats are seeking assurances on law enforcement tools for DeFi, though some industry participants fear this could weaken legal protections for software developers. Observers debate whether the August recess is a firm deadline, with some warning that campaign season could derail the bill. Others, like a policy expert from the Hyperliquid Policy Center, believe enough political capital has been invested to keep it on the agenda, though slipping into next year risks disruption from the midterm elections and potential leadership changes.

bitcoinist06/02 11:01

Senate Makes Move Toward CLARITY Act: August Signing Target Stays Alive, For Now

bitcoinist06/02 11:01

How The Likes Of XRP, Solana, And Cardano Could Make A Comeback With This New Crypto Bill

The upcoming CLARITY Act crypto bill, expected for a Senate vote in June, could bring significant regulatory clarity and drive adoption in the cryptocurrency market. Analysts like CharuSan believe this clarity could attract hesitant institutions, citing the immense scale of traditional financial markets. Cryptocurrencies such as XRP, Solana (SOL), and Cardano (ADA) are highlighted as projects poised to benefit strongly due to their real-world use cases and potential to thrive under a clearer regulatory framework. XRP, in particular, is emphasized as a top beneficiary, with market experts like Oscar Ramos predicting a major price breakout after the bill's passage, potentially reaching between $2.80 and $4. The progress of the CLARITY Act is entering a crucial phase with Senate briefings underway, and a successful vote could trigger immediate positive price movements for these assets.

bitcoinist06/02 02:02

How The Likes Of XRP, Solana, And Cardano Could Make A Comeback With This New Crypto Bill

bitcoinist06/02 02:02

XRP ETFs Are Going Crazy In May As Outflows Die Down

Despite a bearish market and declining XRP price, XRP ETFs continue to see strong demand and steady net inflows, reaching $116.74 million in May with total inflows of $1.41 billion since launch. This contrasts with Bitcoin and Ethereum ETFs, which are experiencing significant outflows. Analysts attribute the institutional interest in XRP ETFs to positioning ahead of upcoming catalysts like the CLARITY Act and increased XRP Ledger tokenization, rather than short-term price movements. Meanwhile, negative crowd sentiment around XRP is viewed by some as a potential contrarian buy signal. XRP price was around $1.33 at the time of writing.

bitcoinist05/26 19:01

XRP ETFs Are Going Crazy In May As Outflows Die Down

bitcoinist05/26 19:01

CLARITY Act Under Fire As Hayes Presses Trump To Shut It Down

BitMEX co-founder Arthur Hayes criticizes Coinbase CEO Brian Armstrong and the proposed CLARITY Act in a recent interview. Hayes argues that large crypto companies like Coinbase prioritize shareholder interests over the broader crypto community and retail investors. He urges former President Donald Trump to veto the CLARITY Act if it passes, contending that excessive regulation and integration with traditional finance undermine Bitcoin's original decentralized purpose. Hayes believes institutional interest is driven by inflation hedging, not ideological support for crypto. The debate highlights a deep industry divide between those seeking regulatory clarity for mainstream adoption and those warning it threatens crypto's core values.

bitcoinist05/22 11:01

CLARITY Act Under Fire As Hayes Presses Trump To Shut It Down

bitcoinist05/22 11:01

Senior Analyst Dialogue: What Powell's Departure and Warsh's Appointment Mean for Crypto?

The podcast episode "Powell Is Out, Warsh Is In: What It Means for Crypto" features an analysis by Noelle Acheson on the macro-economic landscape and its implications for crypto. Key discussion points include: * **Equity-Bond Divergence:** Acheson highlights a significant and growing disconnect between stock and bond markets. While bond yields rise globally, signaling tighter financial conditions, equities are driven by AI-related hype and speculation, reminiscent of the 1999 dot-com bubble. * **'Bliss Trade' and Systemic Fragility:** The discussion explores the concept of a structural, cross-party government expectation to provide fiscal support ("Bliss Trade"), which underpins risk asset valuations and carries its own systemic vulnerabilities. * **Inflation Outlook:** Acheson argues that inflation is not meaningfully declining, citing core CPI stagnation and attributing the trend to de-globalization, tariffs, and geopolitical tensions like the Strait of Hormuz crisis. * **Powell's Legacy:** Powell's tenure receives mixed marks. While his defense of Fed independence is noted, he is also criticized for overseeing the "de-banking" of crypto firms in 2023 and initially misjudging inflation. * **Outlook for Warsh:** Expectations for the incoming Fed Chair, Kevin Warsh, are measured. While he may aim to reduce Fed balance sheet size and forward guidance, market realities and the FOMC will likely constrain his ability to enact significant policy shifts, particularly rate cuts. * **Crypto as a Macro Asset:** Bitcoin's role is framed as a hedge against currency debasement, benefiting from expectations of monetary stimulus. However, its maturation as a macro asset means it now competes with other high-volatility investments like AI stocks, potentially limiting near-term price catalysts. * **Market Structure & Tokenization:** The potential Clarity Act is seen as more beneficial for assets like Ethereum than Bitcoin, which already has relative regulatory clarity. Concerns are raised about "innovation exemptions" for tokenization if they enable third-party derivatives that encourage pure speculation over capital formation. In conclusion, the analysis suggests crypto markets lack a near-term positive catalyst and are caught between competing macro narratives, with significant underlying fragilities in traditional markets.

marsbit05/22 09:29

Senior Analyst Dialogue: What Powell's Departure and Warsh's Appointment Mean for Crypto?

marsbit05/22 09:29

Arthur Hayes’ Bombshell CLARITY Act Warning Just Resurfaced — And The Timing Couldn’t Be Worse

BitMEX co-founder Arthur Hayes has strongly opposed the CLARITY Act, urging for its veto. He argues that regulation is structurally incompatible with Bitcoin and decentralized systems, which derive value from operating outside regulatory frameworks. Hayes contends the bill primarily benefits centralized exchanges and institutions seeking traditional capital, not decentralized assets. He believes Bitcoin's price is driven by global liquidity and money supply, not legislation. His comments resurface as the CLARITY Act gains significant momentum, having just cleared the Senate Banking Committee with a bipartisan 15-9 vote. The bill now moves toward further reconciliation and votes, with industry warnings that delay could push action to 2030. Hayes's investment positions reflect his thesis: his largest holdings outside Bitcoin are Hyperliquid's HYPE and privacy-focused ZCash, assets rooted in decentralization rather than regulatory accommodation. This stance creates a stark divide as the crypto industry nears a potential U.S. regulatory framework.

bitcoinist05/20 19:32

Arthur Hayes’ Bombshell CLARITY Act Warning Just Resurfaced — And The Timing Couldn’t Be Worse