Senate Banking Committee plans to hold Clarity Act hearing on Thursday
CoinDesk
The Senate Banking Committee scheduled a markup hearing for the Clarity Act on May 14 to address digital asset market regulations.Summary
The Senate Banking Committee has scheduled a markup hearing for the Digital Asset Market Clarity Act of 2025 on May 14. This follows a compromise by Senators Thom Tillis and Angela Alsobrooks regarding stablecoin yield provisions that had previously stalled the bill. Despite concerns raised by major banking trade associations, which argue that more work is needed to protect consumers, the committee is moving forward with the hearing. Additional debates persist, including calls from Senator Kirsten Gillibrand for an ethics provision to prevent government officials from profiting from the crypto industry.
(Source：CoinDesk)