# 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.

Banks Need CLARITY Act More Than Crypto – Former CFTC Chair Explains Why

Former CFTC Chairman Chris Giancarlo argues that US banks need the regulatory clarity provided by the CLARITY Act more than the crypto industry does. He states that without clear rules, banks' general counsels are preventing large investments in new technology, risking that US institutions fall behind global counterparts. In contrast, the crypto industry, composed of risk-takers, will continue to build and innovate in other jurisdictions if necessary. Giancarlo believes the odds of the stalled bill passing are 60-40, noting it has become a political issue pitting Republicans against Democrats and TradFi against DeFi. He warns that if the legislation fails, agencies like the SEC and CFTC will likely establish temporary rules, but this won't provide the long-term certainty that banks require to modernize.

bitcoinist03/10 13:01

Banks Need CLARITY Act More Than Crypto – Former CFTC Chair Explains Why

bitcoinist03/10 13:01

‘You’ll burn down your home?’ – Trump crypto advisor slams banks’ position on CLARITY Act

Banks are opposing the CLARITY Act, fearing that stablecoins offering over 5% rewards will cause deposit flight. The White House is pushing for compromise, but banking representatives argue it would harm local lending. Trump’s crypto advisor, Patrick Witt, warns that banks' refusal to compromise could be "catastrophic," comparing it to an arsonist burning their own home. He notes that even without the CLARITY Act, stablecoin rewards will continue under the existing GENIUS Act. Stablecoins have become a major buyer of U.S. Treasury bills, purchasing $153 billion as of 2025. The impasse continues, though markets still see a 71% chance of the bill passing this year.

ambcrypto03/08 01:02

‘You’ll burn down your home?’ – Trump crypto advisor slams banks’ position on CLARITY Act

ambcrypto03/08 01:02

Single Swing Vote May Determine Fate Of The CLARITY Act In Banking Committee

Despite strong White House backing, the CLARITY Act, a major crypto market structure bill, remains stalled in the Senate Banking Committee due to political divisions. A key obstacle is the ongoing dispute over stablecoin rewards, with Senator Thom Tillis (R-NC) emerging as the pivotal swing vote. His proposed amendments to limit these rewards previously caused Coinbase to withdraw its support. While the bill could pass along party lines if Democrats oppose it, Tillis' support is critical for advancement. Negotiations are now focused on finding minimal acceptable language rather than a full resolution. Other contentious issues, like DeFi, have been sidelined. There is cautious optimism for progress within three weeks, potentially allowing a committee vote by late March.

bitcoinist03/07 13:02

Single Swing Vote May Determine Fate Of The CLARITY Act In Banking Committee

bitcoinist03/07 13:02

SEC vs CFTC: Which Agency Will the 'CLARITY Act' Empower to Hold the 'Power of Death' Over the Crypto World?

The CLARITY Act (Digital Asset Market Clarity Act of 2025) aims to resolve long-standing uncertainties in U.S. cryptocurrency regulation by clearly defining digital assets and assigning regulatory authority between the SEC and CFTC. Under the bill, most digital commodity tokens would fall under CFTC oversight for spot trading, while the SEC would retain authority over primary market offerings, disclosures, and investor protection. The legislation establishes standardized disclosure requirements, sets registration and operational rules for intermediaries, and introduces the concept of a "mature" blockchain—networks that can transition to lighter-touch CFTC regulation once sufficiently decentralized. It does not cover stablecoins, which are addressed separately under the GENIUS Act. Despite bipartisan House approval in 2025, the bill faces ongoing debate in the Senate over issues like DeFi applicability and investor safeguards. If enacted, it would mark the first comprehensive federal framework for digital asset market structure in the U.S.

marsbit03/06 03:21

SEC vs CFTC: Which Agency Will the 'CLARITY Act' Empower to Hold the 'Power of Death' Over the Crypto World?

marsbit03/06 03:21

After the Secret Meeting, Why Did Trump Aim His Fire at Banks?

President Trump met privately with Coinbase CEO Brian Armstrong, after which he publicly criticized major banks on Truth Social. Trump accused the banks of trying to undermine the pro-crypto GENIUS Act and called for the advancement of the CLARITY Act, arguing that Americans should earn more from their money and that the crypto agenda should not be blocked. The meeting, first reported by Politico, occurred shortly before Trump's social media post, revealing a direct link between the private discussion and his public stance. The key legislative conflict involves a stalled crypto market structure bill. Banks warn that interest-bearing stablecoins could erode deposits and lending capacity, while crypto firms, including Coinbase, argue that the GENIUS Act rightly allows consumers to earn rewards from stablecoin holdings. JPMorgan CEO Jamie Dimon stated that stablecoin issuers paying interest should be regulated like banks, a claim countered by crypto advocates who emphasize that the GENIUS Act prohibits such issuers from lending or rehypothecating underlying funds. Following these developments, crypto-related stocks, including Coinbase (COIN), saw significant gains amid a broader market rally.

比推03/05 13:39

After the Secret Meeting, Why Did Trump Aim His Fire at Banks?

比推03/05 13:39

SEC plans ‘token taxonomy’ for crypto assets even if CLARITY Act fails

U.S. regulators are advancing crypto guidelines independently of the stalled CLARITY Act. The SEC is developing a 'token taxonomy' to clarify how federal securities laws apply to crypto assets, providing regulatory obligations for firms and investors. Simultaneously, the CFTC is proposing rules for prediction markets and plans to issue guidance on crypto perpetual contracts. These efforts aim to establish enforceable frameworks even without broader legislation, as bipartisan support for the CLARITY Act remains uncertain due to disputes over stablecoin regulations.

ambcrypto03/05 11:17

SEC plans ‘token taxonomy’ for crypto assets even if CLARITY Act fails

ambcrypto03/05 11:17

‘Customers are awake’- Eric Trump slams banks over stablecoin yield opposition

Eric Trump, son of former U.S. President Donald Trump, has criticized banks for their strong opposition to stablecoin yields, calling it "anti-retail, anti-consumer, and anti-American." He claims banks are fighting crypto platforms that offer 4–5%+ yields, but are losing as customers become aware. Tensions between banks and crypto have escalated, threatening the CLARITY Act. Recently, Kraken became the first crypto firm to gain access to the Fed’s payment rails, a move opposed by banks citing financial risks. President Trump also warned banks against undermining his crypto agenda. The rift risks stalling the crypto bill, with prediction markets showing a 71% chance of the CLARITY Act passing in 2026, down from 78%.

ambcrypto03/05 10:03

‘Customers are awake’- Eric Trump slams banks over stablecoin yield opposition

ambcrypto03/05 10:03

Crypto Bill Faces a New Challenge, Delaying its Implementation

The crypto bill, known as the Clarity Act, faces new challenges that could delay its implementation until at least July 2026. Banks and crypto firms remain opposed, with banks warning of potential deposit flight and risks to financial stability, while crypto companies support the bill for regulatory clarity and the ability to offer yield-bearing products. Despite criticism from former President Trump toward banks, the American Bankers Association has offered suggestions for the bill's advancement. In the Senate, Democrats are seeking additional conditions, including a ban on officials profiting from crypto and stricter anti-money laundering rules. The ongoing conflict in Iran and the approaching 2026 mid-term elections further complicate progress, though some remain optimistic about a potential agreement.

TheNewsCrypto03/05 09:12

Crypto Bill Faces a New Challenge, Delaying its Implementation

TheNewsCrypto03/05 09:12

Trump Slams Banks After Coinbase CEO Secretly Met With Him

Donald Trump met privately with Coinbase CEO Brian Armstrong, as first reported by Politico and confirmed by CoinDesk, shortly before publicly criticizing major banks on his Truth Social platform. In his post, Trump accused banks of trying to undermine the pro-crypto GENIUS Act and urged the advancement of the CLARITY Act to prevent the crypto industry from moving overseas. The key disagreement stalling the digital asset market structure legislation is over interest-bearing stablecoins. Banks, including JPMorgan CEO Jamie Dimon, argue they threaten deposits and lending capacity and should be regulated like banks. Crypto advocates, including a presidential advisory committee executive, counter that the GENIUS Act already prohibits such lending practices and that stablecoins are not deposits. Following the meeting and Trump's statements, crypto market and related stocks, including Coinbase (COIN), saw significant gains.

marsbit03/05 03:08

Trump Slams Banks After Coinbase CEO Secretly Met With Him

marsbit03/05 03:08

Can ADA Price Still Surge? Cardano Founder Says The Best Is Yet To Come

Cardano founder Charles Hoskinson remains optimistic about the crypto market's future, stating that "our best days are ahead" despite recent price declines. While acknowledging regulatory concerns—such as his strong opposition to the CLARITY Act, which he believes could harm innovation—Hoskinson emphasizes long-term growth potential. Meanwhile, ADA's price dropped to $0.26 amid global risk aversion, though it has since recovered slightly above $0.27. On-chain data shows growth in Cardano's DeFi ecosystem, with its stablecoin-to-TVL ratio tripling in under a year, though recent ADA price drops have impacted dollar-denominated TVL figures.

bitcoinist03/04 22:02