Crypto industry cheers Senate Clarity Act markup date as market structure push resumes
Key takeaways
- The notice follows months of talks over regulatory jurisdiction, consumer protections, developer protections and stablecoin rewards.
- Cody Carbone, CEO of The Digital Chamber, said the notice marks “a major step” toward clarity for more than 70 million Americans who use cryptocurrencies..
- Blockchain Association CEO Summer Mersinger called the markup notice “an important step toward establishing clear rules for digital asset markets.”
The bill's progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.By Francisco Rodrigues|Edited by Nikhilesh De May 9, 2026, 3:56 p.m. 2 min read Make preferred on Kristin Smith (left), Rebecca Rettig and Summer Mersinger (Coin Desk)What to know: The Senate Banking Committee will meet on May 14 to consider the Digital Asset Market Clarity Act of 2025, a crypto market structure bill.The bill's progress follows talks on jurisdiction, consumer/developer protections and stablecoin rewards, with crypto firms backing a yield compromise.Crypto industry leaders cheered the markup, viewing it as a major step toward clarity, establishing clear rules, and giving certainty to U.S. builders.The Senate Banking Committee will meet on Thursday, May 14, to consider the Digital Asset Market Clarity Act of 2025, putting the crypto market structure bill back on the calendar after a January postponement.
The notice follows months of talks over regulatory jurisdiction, consumer protections, developer protections and stablecoin rewards. CoinDesk reported last week that crypto firms had backed a stablecoin yield compromise meant to unlock the bill.
Cody Carbone, CEO of The Digital Chamber, said the notice marks “a major step” toward clarity for more than 70 million Americans who use cryptocurrencies..