Coin Bureau
Coin Bureau|Apr 15, 2026 08:51
🚨ALERT: The CLARITY Act is OFF the Senate's schedule next week. Senate Banking Chair Tim Scott has has NOT scheduled the crypto market structure bill for the week of April 20. Per Politico, Sen Thom Tillis will release the FINAL draft this week, the LAST piece needed before the committee can call a markup. Even then, the bill must align with Senate Agriculture, pass a 60-vote Senate floor (needs Democrats), then reconcile with the House. If no markup is scheduled by April 20–25, midterm politics could kill the bill as bipartisan cooperation dies entirely. Remember, the revised draft formalizes a major compromise: BANNING passive stablecoin yield while allowing rewards tied to activity. Though Coinbase made a dramatic U-turn, officially endorsing the bill, major US banks remain opposed. In the end, one Democrat defection on ethics language, one banking lobby pushback on yield, or one committee scheduling delay, and the bill DIES.(Coin Bureau)
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