Senate Banking Committee Advances CLARITY Act in 15-9 Vote, Setting Up Historic Floor Showdown
The US Senate Banking Committee voted 15-9 on Thursday to advance the Digital Asset Market Clarity Act, clearing the most significant procedural hurdle yet for comprehensive crypto market structure legislation and setting up a full Senate floor vote in the coming weeks.
CLARITY Act Heads to Markup Buried Under 100-Plus Amendments
The Senate Banking Committee will mark up the Digital Asset Market Clarity Act on Thursday, but the legislation arrives at the dais carrying more than 100 amendments — the bulk of them from Democrats who want to gut, rewrite, or weaponize portions of the bill that Republican negotiators believed were already settled.
Strategy Resumes Bitcoin Buying as ‘Golden Cross’ Flashes and CLARITY Act Reaches Senate Markup
Strategy Inc. is back in the market. After a two-week pause that left some shareholders questioning whether Michael Saylor's accumulation machine had finally found a ceiling, the world's largest corporate bitcoin holder disclosed Monday that it bought 535 BTC for $43 million between May 4 and May 10, paying an average of $80,340 per coin. The purchase lifts Strategy's holdings to 818,869 BTC and arrives just as two other tailwinds — a rare technical buy signal and a long-stalled US market structure bill — converge in bitcoin's favor.
Bitcoin’s Week of Geopolitical and Legislative Fireworks: From Hormuz Tolls to the CLARITY Act
Bitcoin had a week that underscored its growing relevance at the intersection of global geopolitics and US financial regulation. Reports emerged that Iran may begin accepting BTC payments from oil tankers transiting the Strait of Hormuz, while in Washington, Coinbase CEO Brian Armstrong publicly backed the long-stalled Digital Asset Market Clarity Act after months of opposition.
