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Senate Banking Committee to Hold Clarity Act Voting Hearing on May 14

Regulation & Policy

2026-05-09 00:30:37

According to Odaily, the U.S. Senate Banking Committee announced it will hold a voting hearing on the Clarity Act (Digital Asset Market Transparency Act of 2025) on May 14 at 10:30 a.m. The bill had stalled over disputes regarding stablecoin yield provisions. Senators Tom Tillis and Angela Alsobrooks recently reached a compromise proposal to prohibit yield on static stablecoin reserves while allowing rewards for active stablecoins.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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