Senate Banking Committee schedules May 14 markup for Digital Asset Market Clarity Act!

The Senate Banking Committee has set May 14 as the markup date for the Digital Asset Market Clarity Act of 2025, putting the crypto market structure bill back on the legislative calendar after a January postponement. Industry leaders are treating the date as a landmark moment, with Cody Carbone of The Digital Chamber calling it "a major step" toward clarity for more than 70 million Americans who hold digital assets.

The bill's path to this point involved months of negotiations over SEC-CFTC jurisdictional boundaries, consumer and developer protections, and stablecoin yield rules. Crypto firms reportedly backed a yield compromise to help unlock the bill's progress, a signal that the industry is willing to trade some ground to get a framework across the line.

Blockchain Association CEO Summer Mersinger framed the markup as the product of "serious engagement on difficult questions,"…