Loading prices…
🔥BULLISH

Crypto industry rallies behind CLARITY Act yield compromise — Senate Banking markup push is on.

Major crypto industry stakeholders have thrown their weight behind a yield-related compromise in the CLARITY Act…

Major crypto industry stakeholders have thrown their weight behind a yield-related compromise in the CLARITY Act, signalling broad sector alignment ahead of a push for Senate Banking Committee markup. The yield provision — long a sticking point between DeFi advocates and more cautious legislators — appears to have found language both camps can accept.

A committee markup would be a significant procedural step forward, moving the bill from negotiation into formal legislative action. For an industry that has spent years navigating fragmented US regulatory signals, a unified Senate Banking push on a comprehensive framework represents a meaningful shift in momentum.

If markup proceeds, CLARITY could become the most substantive US crypto market-structure legislation to advance in years — setting ground rules for token classification, yield-bearing products, and the broader DeFi stack.

Source attribution
Aggregated from CoinDesk · Verified · Last refreshed 23d ago
Open original →