Crypto industry cheers Senate Clarity Act markup date as market structure push resumes
CoinDesk
The Senate Banking Committee scheduled a May 14 markup for the Digital Asset Market Clarity Act, signaling progress on crypto market structure regulation.Summary
The Senate Banking Committee has set May 14 to consider the Digital Asset Market Clarity Act of 2025, reviving efforts to establish a regulatory framework for the cryptocurrency industry. This development follows months of negotiations regarding regulatory jurisdiction, consumer and developer protections, and stablecoin yield compromises. Industry leaders, including representatives from The Digital Chamber and the Blockchain Association, have praised the move as a critical step toward providing legal certainty for American digital asset users and innovators. While the crypto industry remains optimistic, banking trade associations have expressed lingering concerns and proposed further edits to the legislation.
(Source：CoinDesk)