Altcoin Daily2026-08-05 23:24:30Altcoin Daily Urges Senators Blocking CLARITY Act to ResignCrypto media outlet Altcoin Daily has called on any U.S. senator obstructing the CLARITY Act to resign immediately, urging swift passage of the cryptocurrency bill. The CLARITY Act, under review in Congress, is designed to provide clear regulatory guidance for digital assets. Its progress is considered a key step toward regulatory clarity for the U.S. crypto market.1670
White House2026-07-02 12:00:14White House and Senators Reach Tentative Crypto Regulatory Deal on Stablecoin YieldsAccording to Politico, the White House and key senators have reached a tentative agreement on cryptocurrency legislation aimed at resolving the dispute between banks and digital asset firms over stablecoin yields. The deal could clear the path for a landmark crypto regulatory bill stalled in the Senate Banking Committee since January. The agreement in principle would bar yield payments on passive stablecoin balances while allowing activity-based rewards, seeking to balance innovation with financial stability. If passed by an April vote, it would establish the first major federal regulatory framework for digital assets. The background involves the GENIUS Act of 2025 creating a stablecoin framework, followed by the CLARITY Act or crypto market-structure bill to regulate trading platforms, tokens, and custody. Banks fear deposit flight from stablecoin rewards, while crypto firms argue incentives are crucial for adoption. The compromise's fate hinges on support from both banks and crypto industry.350
