{"id":96343,"date":"2026-04-21T09:58:41","date_gmt":"2026-04-21T06:58:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=96343"},"modified":"2026-04-21T10:22:43","modified_gmt":"2026-04-21T07:22:43","slug":"senator-suggests-possible-delay-for-clarity-act-review","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/senator-suggests-possible-delay-for-clarity-act-review\/","title":{"rendered":"Senator Suggests Possible Delay for CLARITY Act Review"},"content":{"rendered":"<p>The U.S. Senate Banking Committee is unlikely to review the CLARITY Act, a bill on cryptocurrency market regulation, in April. The discussion may be postponed to May, Senator Thom Tillis told a Punchbowl News journalist.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">News: Sen. Tillis (R-NC) told Senate Banking Committee Chair Tim Scott (R-SC) the panel should not plan to advance a major crypto bill in April. <\/p>\n<p>Negotiators need more time to finalize a bank-crypto compromise on stablecoin yield, Tillis said, pointing to a potential May markup <a href=\"https:\/\/t.co\/PIaAjPCb24\">pic.twitter.com\/PIaAjPCb24<\/a><\/p>\n<p>\u2014 Brendan Pedersen (@BrendanPedersen) <a href=\"https:\/\/twitter.com\/BrendanPedersen\/status\/2046355106421989575?ref_src=twsrc%5Etfw\">April 20, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The main obstacle remains the provision on rewards for holding <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoins<\/a>. Representatives of the banking sector fear that high returns from &#8220;stablecoins&#8221; could lead to a withdrawal of deposits from traditional institutions, potentially impacting the financial stability of smaller organizations.<\/p>\n<p>According to Tillis, negotiators need more time to reach a compromise between banks and crypto companies.<\/p>\n<p>The current version of the document proposes prohibiting interest on inactive stablecoin balances, while income from asset operations would remain permitted. Crypto companies oppose such restrictions, calling them a threat to innovation.<\/p>\n<p>The bill aims to delineate the powers of the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> and the <span data-descr=\"U.S. Commodity Futures Trading Commission\" class=\"old_tooltip\">CFTC<\/span>, as well as to determine the status of digital assets as securities or commodities.\u00a0<\/p>\n<p>Digital Chamber head Cody Carbone sent a letter to the committee leadership, urging senators to expedite work on the rules to &#8220;provide legal clarity for 70 million American cryptocurrency holders.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today, we sent a letter to <a href=\"https:\/\/twitter.com\/BankingGOP?ref_src=twsrc%5Etfw\">@BankingGOP<\/a> leadership urging the Committee to move digital asset market structure legislation to markup and continue improving the bill in a transparent, deliberative, and bipartisan manner. Read our full letter: <a href=\"https:\/\/t.co\/muPdJ8xq5m\">https:\/\/t.co\/muPdJ8xq5m<\/a> <a href=\"https:\/\/t.co\/ZHZX4PLA8e\">pic.twitter.com\/ZHZX4PLA8e<\/a><\/p>\n<p>\u2014 The Digital Chamber (@DigitalChamber) <a href=\"https:\/\/twitter.com\/DigitalChamber\/status\/2046313009643958715?ref_src=twsrc%5Etfw\">April 20, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Back in February, journalists <a href=\"https:\/\/forklog.com\/en\/news\/cryptocurrency-firms-seek-compromise-on-clarity-act-disputes\">learned<\/a> of ongoing disagreements regarding the CLARITY Act.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Senate Banking Committee is unlikely to review the CLARITY Act in April. The discussion may be postponed to May, Senator Thom Tillis said.<\/p>\n","protected":false},"author":1,"featured_media":96344,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"The U.S. Senate Banking Committee may delay the CLARITY Act review to May.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[30,36,26],"class_list":["post-96343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency","tag-regulation","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"52","promo_type":"1","layout_type":"1","short_excerpt":"The U.S. Senate Banking Committee may delay the CLARITY Act review to May.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=96343"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96343\/revisions"}],"predecessor-version":[{"id":96345,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/96343\/revisions\/96345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/96344"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=96343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=96343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=96343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}