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Senate Marks Up U.S. Clarity Act: Crypto Impact & Bitcoin Price
Description
The U.S. Clarity Act, set for Senate markup on May 14, 2026, proposes a ban on stablecoin interest, penalties for violators, and regulatory powers for the Treasury, SEC, and CFTC. With over a hundred amendments, including ethics rules and crypto firm restrictions, the bill faces criticism. Bitcoin options show low volatility, while Coinbase stock options hint at potential gains from clearer regs. Bitcoins price action suggests a potential slide towards $75,000 unless it clears $82,000. Markets remain calm, but regulatory clarity could shift the game.
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