Tag: CLARITY Act

Trump escalates confrontation with banks over stablecoin yield and stalled CLARITY Act

Editorial image: stern leader in a suit at a conference table with bank silhouettes and a floating stablecoin icon.

President Donald Trump escalated his public pressure campaign, accusing U.S. banks of undermining his crypto agenda by obstructing the CLARITY Act and trying to weaken the GENIUS Act—the stablecoin framework he signed in July 2025. Trump’s message was that banks are not just lobbying; they are actively slowing the policy pathway he wants for digital […]

White House Tweet Flagged a Privacy Risk in the CLARITY Act That Could Entrench Surveillance

Editorial desk: laptop shows White House tweet on CLARITY Act; nearby CLARITY Act paper with faint Monero and Zcash logos.

A White House tweet this week put a spotlight on a potential privacy weakness in the CLARITY Act, warning that the bill’s current drafting could steer crypto intermediaries toward surveillance-first operating models. The underlying concern is that compliance expectations could expand data collection by default, even when users are simply transacting on public blockchains.

CLARITY Act Headed For Senate Banking Committee Markup On Jan. 15, 2026

Editorial photo of Tim Scott at the Senate Banking Committee hearing on digital asset taxonomy, with CFTC and SEC documents.

The Senate Banking Committee will mark up the Digital Asset Market Clarity Act (the CLARITY Act) on January 15, 2026, according to the committee schedule. The session, led by Chairman Senator Tim Scott, is meant to formalize a taxonomy that splits digital-asset oversight between the CFTC and the SEC.