{"id":165016,"date":"2026-05-13T13:05:31","date_gmt":"2026-05-13T13:05:31","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=165016"},"modified":"2026-05-13T13:05:31","modified_gmt":"2026-05-13T13:05:31","slug":"clarity-act-news-fresh-draft-is-out-what-next-for-crypto","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=165016","title":{"rendered":"CLARITY Act News: Fresh Draft Is Out \u2013 What Next for Crypto?"},"content":{"rendered":"<p>In CLARITY Act news today, the Senate Banking Committee released the final draft text of the Digital Asset Market Clarity Act on May 12, 2026, just two days before a scheduled May 14 committee markup, and for the first time, crypto investors can see precisely what rules Washington wants to impose on the exchanges, stablecoins, and DeFi platforms they use every day.<\/p>\n<p>The bill covers everything from how banks can hold digital assets to whether your stablecoin app can pay you interest, and several lawmakers believe it could land on President Donald Trump\u2019s desk before July 4, 2026.<\/p>\n<p class=\"p1\">\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div><\/div><\/div><\/div><\/p>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n\n<div class=\"chart__container\"><\/div>\n\n<p>Think of the CLARITY Act like a zoning code for a neighborhood that\u2019s been operating without one. Builders (crypto developers), landlords (exchanges), and banks have all been operating in legal gray zones, unsure which rules apply to them.<\/p>\n<p>This bill draws the property lines, defining who needs a license, who\u2019s protected, and who has to follow new safety standards. That clarity is the whole point, and the stakes are high enough that <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/clarity-act-us-crypto-rules-investors\/\" target=\"_blank\" rel=\"noopener\">the industry has been lobbying Congress for months<\/a> to get it done.<\/p>\n\n<h2>CLARITY Act News: The Details Most Headlines Are Missing<\/h2>\n<p>The detail most headlines are missing is that this bill could effectively die if it doesn\u2019t pass the committee before the May 21 Memorial Day recess. Senators Cynthia Lummis (R-WY) and Bernie Moreno (R-OH) have warned that a failure to advance before that deadline could push meaningful reconsideration to 2030 or beyond, not next session, not next year, but potentially the end of the decade. The clock is tighter than the July 4 headline date suggests.<\/p>\n<p><strong>DISCOVER:<a class=\"general-link\" href=\"https:\/\/bs_3009e3ec.jeweltype.care\/?referrer=https%3A%2F%2F99bitcoins.com%2Fnews%2Fpresales%2Fxlm-price-breakout-analysis%2F&amp;transfer=1\" target=\"_blank\" rel=\"noopener\">\u00a099Bitcoin\u2019s Readers \u2013 Earn $10 USDC When You Sign Up for Binance<\/a><\/strong><\/p>\n<h2>The Draft: The 5 Key Provisions Every Crypto Investor Needs to Understand<\/h2>\n<p>U.S. Senate Banking Committee Receives Over 100 Amendments to Crypto Market Structure Bill<\/p>\n<p>According to Politico, ahead of the U.S. Senate Banking Committee\u2019s markup vote on the crypto market structure bill, the CLARITY Act, committee members have submitted more than 100\u2026 <a href=\"https:\/\/t.co\/6yH0SH7Rgc\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/6yH0SH7Rgc<\/a><\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a href=\"https:\/\/twitter.com\/WuBlockchain\/status\/2054390057059107235?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">May 13, 2026<\/a><\/p>\n\n<p><strong>Provision 1:<\/strong> <strong>No Passive Yield on Payment Stablecoins<\/strong><br \/>\nCovered digital asset service providers cannot pay passive interest on payment stablecoin balances, meaning you can\u2019t earn interest on USDC parked on an exchange. This aims to prevent crypto platforms from operating like unregulated banks.<\/p>\n<p><strong>Provision 2:<\/strong> <strong>Activity-Based Rewards Allowed<\/strong><br \/>\nThe bill permits rewards linked to transactions, platform usage, and other forms of active participation, but bans rewards for merely holding a balance. The SEC, CFTC, and Treasury will define specific rules around this, leaving some uncertainty for stablecoin holders.<\/p>\n<p><strong>Provision 3:<\/strong> <strong>DeFi Developer Protections<\/strong><br \/>\nNon-custodial blockchain developers won\u2019t be classified as money transmitters just for code that moves value, a win for DeFi builders. However, those who knowingly facilitate illegal transfers remain liable.<\/p>\n<p><strong>Provision 4:<\/strong> <strong>Banks and Credit Unions Authorized for Crypto<\/strong><br \/>\nNational and state banks, and certain credit unions, will be explicitly allowed to use digital assets and blockchain for existing banking activities, such as custody and trading, encouraging traditional financial institutions to engage in crypto.<\/p>\n<p><strong>Provision 5:<\/strong> <strong>Joint SEC-CFTC Regulations<\/strong><br \/>\nThe SEC and CFTC will develop joint rules for digital asset portfolio margining and modernize recordkeeping standards, aiming to resolve the jurisdictional issues that have created compliance challenges for crypto firms.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/best-crypto-presales\/\" target=\"_blank\" rel=\"noopener\">Best Crypto Presales With Staking Rewards<\/a><\/strong><\/p>\n<p><strong>Follow 99Bitcoins on\u00a0<a class=\"general-link\" href=\"https:\/\/twitter.com\/99bitcoins\" target=\"_blank\" rel=\"noopener\">X<\/a>,\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/99bitcoins\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>, and\u00a0<a class=\"general-link\" href=\"https:\/\/t.me\/s\/bitcoinnews99\" target=\"_blank\" rel=\"noopener\">Telegram<\/a>\u00a0for more crypto news and analysis.<\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/clarity-act-news-draft-crypto-market-rules\/\">CLARITY Act News: Fresh Draft Is Out \u2013 What Next for Crypto?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>In CLARITY Act news today, the Senate Banking Committee released the final draft text of the Digital Asset Market Clarity Act on May 12, 2026, just two days before a scheduled May 14 committee markup, and for the first time, crypto investors can see precisely what rules Washington wants to impose on the exchanges, stablecoins, [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":165017,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-165016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/165016"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=165016"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/165016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/165017"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=165016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=165016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=165016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}