# CLARITY Act

Type: legislation

Source: Crypto Intelligence Brief — https://getcryptobrief.com/entity/clarity-act
Canonical HTML page: https://getcryptobrief.com/entity/clarity-act

## Timeline

- **2026-07-16**: E*TRADE Launches Spot Crypto Trading — Morgan Stanley's E*TRADE platform launched spot cryptocurrency trading for Bitcoin, Ethereum, and Solana.
- **2026-07-16**: Bitcoin Pulls Back Amid Geopolitical Tensions — Bitcoin fell 1.3% to $64,087.07, Ethereum down 2.6% to $1,873.08, Solana down 2.0% to $75.80 as U.S.-Iran conflict escalated.
- **2026-07-15**: Spot Bitcoin ETF Inflows Hit $107M — iShares Bitcoin Trust ETF gained $81M, Fidelity Wise Origin Bitcoin Fund added $17M in AUM; Ethereum ETFs also saw $45M inflows.
- **2026-Q2 (projected)**: Public Comment Period — Industry stakeholders provide feedback on affiliate reward restrictions and yield bans.
- **2026-03-08**: Negotiation Breakdown — Talks officially stall as banking institutions reject the White House compromise proposal.
- **2026-03-08**: Compromise Rejected — Banking lobby officially rejects the White House proposal, leading to a fresh stalemate.
- **2026-03-03**: Trump Ultimatum — President issues public threat to banks via Truth Social.
- **2026-02-28**: Negotiation Deadline — White House deadline for a bank-crypto compromise passes.
- **2026-02-26**: OCC Proposal Released — The OCC formalizes the proposal to implement the GENIUS Act and bar stablecoin yields.
- **2026-02-20**: White House Compromise — The White House attempts to broker a deal allowing rewards for P2P payments but not idle holdings.
- **2026-02-20**: White House Compromise — Administration proposes allowing rewards for P2P payments but not for idle balances.
- **2026-02-03**: Trump Public Intervention — President Trump posts on Truth Social, accusing banks of trying to undermine his administration's crypto agenda.
- **2026-02-03**: Trump Public Criticism — President Trump accuses banks of undermining the 'Crypto Agenda' via Truth Social.
- **2026-01-20**: Markup Postponed — Senate Banking Committee delays the Clarity Act indefinitely.
- **2026-01-15**: Initial Legislative Stall — The Clarity Act first stalls in the Senate after banks object to yield-bearing stablecoin provisions.

## Recent coverage (8 stories)

### Bitcoin Drops 1.3% to $64K as E*TRADE Launches Spot Crypto Trading
2026-07-17 00:19:01 · Sentiment: Neutral · Impact: 5/10 · Sources: 4

On July 16, Bitcoin fell 1.3% to $64,087.07 amid risk-off sentiment fueled by US-Iran tensions, while E*TRADE's launch of spot crypto trading marked a major institutional milestone. Crypto market cap dipped to $2.28 trillion as Bitcoin ETFs saw $107M inflows the prior day.
Full story: https://getcryptobrief.com/story/bitcoin-pullback-etrade-crypto-trading

### Bitcoin Hits $61.9K as BlackRock's Jacobs Calls 'Great Convergence'
2026-07-04 00:34:43 · Sentiment: Bullish · Impact: 7/10 · Sources: 2

Bitcoin's rebound to over $61,900 comes as BlackRock's Jay Jacobs spotlights the TradFi-DeFi 'great convergence' that is propelling adoption. With 75% of IBIT investors new to ETFs, the barrier between crypto natives and traditional finance is blurring, though midterm caution from AI stock mania persists.
Full story: https://getcryptobrief.com/story/bitcoin-blackrock-great-convergence

### SOL at $73: Can a 75% Drop Turn Into a 3x Rebound for Solana?
2026-06-28 01:56:25 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

After soaring to $295 in early 2025, Solana has cratered to $73 following a security breach and macro headwinds. But with faster transaction throughput than Ethereum, rising developer adoption, and Moody’s integration, believers see a recovery in the making. We break down the three‑year bullish and bearish scenarios.
Full story: https://getcryptobrief.com/story/sol-75-drop-future-outlook

### Banking Lobby Stalls US Crypto Bill Over Stablecoin Yield Dispute
2026-03-08 00:17:39 · Sentiment: Bearish · Impact: 8/10 · Sources: 2

The landmark Clarity Act has hit a significant legislative hurdle as traditional banking institutions reject a White House-brokered compromise regarding stablecoin rewards. President Trump has publicly criticized the banking sector, accusing lenders of intentionally undermining his administration's "Crypto Agenda" to protect their deposit bases.
Full story: https://getcryptobrief.com/story/banking-lobby-stalls-crypto-bill

### US Crypto Reform Stalls as Banks Reject White House Stablecoin Compromise
2026-03-08 00:15:50 · Sentiment: Bearish · Impact: 8/10 · Sources: 4

Negotiations over the landmark "Clarity Act" have reached an impasse after traditional banking institutions rejected a White House-brokered compromise regarding stablecoin rewards. The breakdown has drawn sharp criticism from President Donald Trump, who accused lenders of obstructing his administration's pro-crypto legislative agenda.
Full story: https://getcryptobrief.com/story/us-crypto-reform-stalls-banks-reject-compromise

### Trump Threatens Banks Over 'Undermining' Stablecoin Yield and Crypto Agenda
2026-03-04 00:30:07 · Sentiment: Neutral · Impact: 8/10 · Sources: 2

President Donald Trump has issued a stern warning to the banking sector, accusing institutions of holding the Clarity Act hostage to protect record profits. The conflict centers on a legislative battle over whether crypto platforms can offer yield on stablecoin deposits, a move banks fear will trigger significant deposit flight.
Full story: https://getcryptobrief.com/story/trump-threatens-banks-crypto-clarity-act

### OCC Proposes Yield Ban on Stablecoins to Clear Path for CLARITY Act
2026-02-26 14:44:02 · Sentiment: Neutral · Impact: 7/10 · Sources: 2

The OCC has proposed new rules implementing the GENIUS Act, which would prohibit yield on payment stablecoins and crack down on affiliate reward programs. This move is designed to resolve the long-standing 'security vs. currency' debate and accelerate the passage of the CLARITY Act.
Full story: https://getcryptobrief.com/story/occ-stablecoin-yield-ban-genius-act-clarity

### Scaramucci Questions if Bitcoin Price Fully Reflects Clarity Act Prospects
2026-02-20 05:23:16 · Sentiment: Neutral · Impact: 5/10 · Sources: 2

SkyBridge Capital CEO Anthony Scaramucci has sparked a debate over whether the potential passage of the Clarity Act is already reflected in Bitcoin's current valuation. As the industry nears a definitive regulatory framework in the U.S., investors are weighing whether the legislative milestone will trigger a 'sell the news' event or a new institutional bull run.
Full story: https://getcryptobrief.com/story/scaramucci-bitcoin-clarity-act-priced-in

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