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Clarity Act Amendments Would Remake Key Parts of Crypto Bill but Have Doubtful Future

Ethics, stablecoin yield and DeFi liability changes are driving negotiations as lawmakers weigh a crypto market-structure framework before a July deadline.

  • On Thursday, the Senate Banking Committee convenes to markup the Digital Asset Market Clarity Act, with more than 100 amendments filed signaling intense negotiation over the bill's final form.
  • This vote serves as the first hard signal for Congress on whether it delivers a crypto framework before The White House's July 4, 2026, deadline, following the House passage on July 17, 2025.
  • Senator Elizabeth Warren and Senator Chris Van Hollen pushed ethics amendments restricting official crypto involvement, while other proposals contest stablecoin yields and DeFi protocol liability provisions.
  • Advocates must secure support from Democrats to clear the 60-vote hurdle in the Senate, even as Republicans on the committee generally aim to advance the bill without significant overhauls.
  • Coinbase CEO Brian Armstrong called the bill "strong," though the legislation requires eventual re-approval from the House after the Senate Banking Committee completes its work.
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Coincu broke the news on Wednesday, May 13, 2026.
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