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Senate Banking Committee Sets Markup Date for CLARITY Act

Senate Banking Committee Sets Markup Date for CLARITY Act, Reviving Crypto Market Structure Legislation

| JUAN MENDE |
Senate Banking Committee schedules May 14 markup for the CLARITY Act, the comprehensive digital asset market structure bill. Industry stakeholders express optimism as negotiations address jurisdiction, consumer protections, and stablecoin yield issues. Progress follows months of delays, positioning the bill for potential floor action in the coming months. The U.S. Senate Banking Committee is set to hold a markup session on Ma…
Senate Banking Committee schedules May 14 markup for the CLARITY Act, the comprehensive digital asset market structure bill. Industry stakeholders express optimism as negotiations address jurisdiction…
Banking trade groups are opposing a bipartisan compromise in the Clarity Act designed to settle the dispute over stablecoin yield. The proposed language by Senators Thom Tillis and Angela Alsobrooks bans pas…
Aave advances recovery: Manhattan federal judge modifies freeze to permit transfer of ~30,766 ETH from Arbitrum to Aave-controlled wallet. DeFi United initiative: Coordinated response to April Kelp DA…

May 8, 2026
The Roundhill Memory ETF (DRAM) has surpassed $5 billion in assets under management just five weeks after its April 2 launch. A record-breaking $1.1 billion single-day inflow signals a shift in investor focus from logic chips to the AI memory bottleneck. Key holdings including Micron, SK Hynix, and Samsung represent over 70% of the portfolio as high-bandwidth memory demand spikes. The Roundhill Memory ETF (DRAM) has emerged as the most explo…

May 8, 2026
AWS introduces AgentCore Payments in preview, enabling AI agents to autonomously pay for APIs, data, and services using USDC via Coinbase and Stripe infrastructure. Integration leverages Coinbase’s x402 protocol and supports wallets from Coinbase and Stripe’s Privy on chains including Base and Solana. The move positions stablecoins as programmable money for machine-to-machine transactions, with early adopters including Warner Bros. D…

May 7, 2026
Kalshi has secured $1 billion in a Series F funding round, bringing its post-money valuation to $22 billion. The round was led by Coatue Management with participation from Sequoia Capital, Andreessen Horowitz, Morgan Stanley, and ARK Invest. Institutional trading volume on the platform has surged 800% over the last six months, driving annualized volume to $178 billion. Kalshi, the federally regulated prediction market, announced Thursday that it…

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