The Senate Banking Committee, chaired by Sen. Tim Scott, set an executive session for May 14, 2026, to review the Clarity Act. Clarity Act defines tokens as securities or commodities to clarify regulators’ jurisdiction for U.S. crypto growth. Sens. Tillis (R) and Alsobrooks (D) brokered a deal banning rewards on idle dollar-backed stablecoins but allowing … Continue reading CLARITY Act Unveiled Ahead of Key Senate Banking Hearing