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Over 100 amendments are being proposed to the bill before it gets the green light in the US Senate.
There are high hopes for this legislation; let's hope it's a boost for the crypto world and not just another move to slow it down.
$BTC
Over 100 amendments are being proposed to the bill before it gets the green light in the US Senate.
There are high hopes for this legislation; let's hope it's a boost for the crypto world and not just another move to slow it down.
$BTC
Today, the 309-page draft of the CLARITY Act was released, a key piece of legislation in the U.S. that will be debated this Thursday,
which has an Impact on XRP. Analysts highlight that the text includes a "no reclassification" clause. This means that if a court has already ruled that an asset is not a security (like in Judge Torres' ruling), the law would prohibit future agencies from attempting to change that status. This would give XRP the ultimate legal certainty that the market has been waiting for years.
THIS LOOKS GOOD 💰💰
$XRP
#LeyCLARITY
#xrp
#XRPRealityCheck
which has an Impact on XRP. Analysts highlight that the text includes a "no reclassification" clause. This means that if a court has already ruled that an asset is not a security (like in Judge Torres' ruling), the law would prohibit future agencies from attempting to change that status. This would give XRP the ultimate legal certainty that the market has been waiting for years.
THIS LOOKS GOOD 💰💰
$XRP
#LeyCLARITY
#xrp
#XRPRealityCheck
Peace or Armed Truce?
The Senate unveils the definitive Crypto Law under the ethical shadow of #TRUMP and the banking fury
The "D-Day" of regulation in the U.S.
Just after midnight on Tuesday, the Senate Banking Committee released the final text of the Clarity Act, a 309-page document aiming to formally integrate cryptocurrencies into the U.S. financial system. While there's optimism, the path to the president's desk #DonaldTrump is riddled with political and economic conflicts.
The "Ethical Factor" and Donald Trump: The biggest hurdle is a conflict of interest clause that's still not included. Senator Elizabeth Warren has called out that the Trump family has made $1.4 billion in crypto trades this year, demanding rules to prevent presidential gains. The White House is on board with general rules but rejects any specific "discrimination" against the president.
Partial Victory for Stablecoins and Coinbase: The draft prohibits paying interest that mimics a bank deposit, but keeps the "rewards" for activity. Brian Armstrong (CEO of Coinbase) claims that while "no one got everything they wanted," the sector has what it needs to operate and collaborate with major global banks.
Banks on the Warpath: Traditional banks are not backing down. They argue that these rewards will lead to a deposit drain. However, a counter-report from Galaxy suggests that the law will attract trillions of dollars in foreign capital to the U.S. banking infrastructure, offsetting any domestic losses.
Shield for DeFi: In a key win for decentralization, the text maintains protection for developers who don't control third-party funds, preventing them from being regulated as money transmitters (BRCA).
#CryptoNews #LeyCLARITY
$BTC
$BNB
$SOL
The Senate unveils the definitive Crypto Law under the ethical shadow of #TRUMP and the banking fury
The "D-Day" of regulation in the U.S.
Just after midnight on Tuesday, the Senate Banking Committee released the final text of the Clarity Act, a 309-page document aiming to formally integrate cryptocurrencies into the U.S. financial system. While there's optimism, the path to the president's desk #DonaldTrump is riddled with political and economic conflicts.
The "Ethical Factor" and Donald Trump: The biggest hurdle is a conflict of interest clause that's still not included. Senator Elizabeth Warren has called out that the Trump family has made $1.4 billion in crypto trades this year, demanding rules to prevent presidential gains. The White House is on board with general rules but rejects any specific "discrimination" against the president.
Partial Victory for Stablecoins and Coinbase: The draft prohibits paying interest that mimics a bank deposit, but keeps the "rewards" for activity. Brian Armstrong (CEO of Coinbase) claims that while "no one got everything they wanted," the sector has what it needs to operate and collaborate with major global banks.
Banks on the Warpath: Traditional banks are not backing down. They argue that these rewards will lead to a deposit drain. However, a counter-report from Galaxy suggests that the law will attract trillions of dollars in foreign capital to the U.S. banking infrastructure, offsetting any domestic losses.
Shield for DeFi: In a key win for decentralization, the text maintains protection for developers who don't control third-party funds, preventing them from being regulated as money transmitters (BRCA).
#CryptoNews #LeyCLARITY
$BTC
$BNB
$SOL
Mitchell Bastardi GQ6I:
claim your gift 🎁
#LeyCLARITY
The draft of a new law has been presented by the Senate of the USA
🤔🤔🤔🤔🤔🤔🤔🤔🤔🧐🧐🧐🧐🧐🧐 something big is coming, friends
$BTC
The draft of a new law has been presented by the Senate of the USA
🤔🤔🤔🤔🤔🤔🤔🤔🤔🧐🧐🧐🧐🧐🧐 something big is coming, friends
$BTC
🔥On May 14, 2026, the vote on the Clarity Act is back on the table, and from my perspective, the crypto market will be eyeing this next week.
For now, there's a 66% chance it will go down.
#CLARITYActHearingSetforMay14 #LeyCLARITY #EEUU #Polymarket发币 #establecoins $USDC
For now, there's a 66% chance it will go down.
#CLARITYActHearingSetforMay14 #LeyCLARITY #EEUU #Polymarket发币 #establecoins $USDC
The U.S. Senate Banking Committee has released its anticipated bill on the structure of the cryptocurrency market, also known as the CLARITY Act. This development comes just days after the enactment of the GENIUS Act. The bill provides a more comprehensive framework for the industry, addressing several key issues, such as token classification.
$BTC
$PAXG
$USDC
#LeyCLARITY
#LeyGENIUS
$BTC
$PAXG
$USDC
#LeyCLARITY
#LeyGENIUS
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