US, The CLARITY Act is back in focus this week as the US Senate Banking Committee prepares for a key review. While the bill is gaining momentum, it’s not moving without friction. Ethics-related concerns are still a major sticking point, with some Democrats pushing for stronger rules to prevent conflicts of interest involving public officials.
At the same time, there’s been some progress behind the scenes on stablecoin yield provisions, which is helping keep negotiations alive and constructive.
Still, the road ahead is long, committee approval, Senate vote, House reconciliation, and final presidential sign-off all remain before anything becomes law.