The post CLARITY Act Markup Today LIVE Updates: Tim Scott Reveals 3-Point Plan to Keep Crypto in America appeared first on Coinpedia Fintech News
May 14, 2026 15:52:35 UTC
Senator Moreno Admits He Regrets Selling Bitcoin at $3K During CLARITY Act Hearing
In a lighter moment at the Senate Banking Committee markup, Senator Bernie Moreno recalled paying taxes with Bitcoin in 2016 when it was worth around $3,000 — admitting he now regrets selling.
May 14, 2026 15:52:35 UTC
Senator Reed: Iran Using Crypto to Fund Drones and Evade Sanctions
Senator Jack Reed raised national security alarms during the CLARITY Act hearing, warning that Iran is actively using cryptocurrency and stablecoins to procure sensitive materials and finance drone operations in the Persian Gulf.
May 14, 2026 15:37:40 UTC
Warren Declares CLARITY Act “Not Ready” During Markup
Senator Elizabeth Warren voiced strong opposition during the Senate Banking Committee markup, stating the bill is not ready to move forward.
May 14, 2026 15:34:15 UTC
Lummis Warns: Delay on CLARITY Act Will Drive Crypto Offshore
Senator Cynthia Lummis warned that without the CLARITY Act, the digital asset industry will relocate to more crypto-friendly nations, handing America’s competitors a growing advantage with every day of inaction.
May 14, 2026 15:15:54 UTC
Bitcoin Holds Support as CLARITY Act Optimism Builds
Bitcoin is holding steady at key support levels, with traders eyeing a potential push above $82K if positive news emerges from the CLARITY Act markup session.
May 14, 2026 15:15:54 UTC
Clarity Act LIVE: Warren Blasts Tornado Cash in Hearing
enator Elizabeth Warren used the markup session to slam crypto mixer Tornado Cash, arguing its only purpose is to conceal money flows — calling out terrorists, money launderers, Iran, and sanctioned entities as its primary beneficiaries.
May 14, 2026 15:15:54 UTC
CLARITY Act Odds Drop Below 50%, Says Industry Exec
GSR’s top legal officer warns the bill has less than even odds of reaching the president’s desk this session, citing fights over yield-bearing assets and ethics concerns tied to the president’s family as key obstacles.
May 14, 2026 15:15:54 UTC
Clarity Act LIVE: Senate Banking Committee Begins Historic CLARITY Act Markup
Senator Tim Scott has officially kicked off the historic markup of the CLARITY Act, telling the committee the bill will give Americans confidence in the financial system and ensure the future of finance is built in America. Scott: “This Bill Works For Americans, Not Against Them” The Senate Banking Committee chairman pledges the CLARITY Act will restore public confidence in the financial system.
