The post Crypto News: Crypto Firms Pitch CLARITY Act Amendment appeared on BitcoinEthereumNews.com. Key Insights: Industry leaders proposed a new set of amendmentsThe post Crypto News: Crypto Firms Pitch CLARITY Act Amendment appeared on BitcoinEthereumNews.com. Key Insights: Industry leaders proposed a new set of amendments

Crypto News: Crypto Firms Pitch CLARITY Act Amendment

Key Insights:

  • Industry leaders proposed a new set of amendments for the stablecoin laws in the latest crypto news.
  • They focused on the CLARITY Act to clarify how stablecoins should work alongside banks.
  • That renewed effort followed a White House meeting on Monday, where the Trump administration brought crypto and banking groups into the same room.

The latest crypto news show industry leaders have floated a new set of compromises to get the stalled crypto market bill moving again.

This time, they focused on the CLARITY Act to clarify how stablecoins should work alongside banks. The debate around this issue has slowed the CLARITY Act’s progress since approval in July 2025.

Now, industry figures have signaled they are willing to adjust their position, hoping the fresh proposals can ease tensions with banks and restart serious momentum in Washington.

Crypto News: Firms Push New CLARITY Act Revisions

Bloomberg crypto news reported that crypto companies are now putting fresh concessions on the table as the stablecoin dispute drags on.

This time, the focus shifts to community banks. The firms are said to be offering them a bigger role in the stablecoin system, including the option to hold stablecoin reserves or help issue the tokens through partnerships.

Not every crypto firm is on the same page. Still, the split itself signals something important: the industry is pushing harder to keep the market-structure bill alive.

That renewed effort followed a White House meeting on Monday, where the Trump administration brought crypto and banking groups into the same room.

They brought together trade groups from both the crypto and banking worlds. Even so, the meeting ended without a clear plan for resolving the sticking points in the CLARITY Act.

Crypto firms have floated new compromise ideas to banks in an effort to ease tensions, as per recent crypto news.

One proposal would require stablecoin issuers to keep part of their reserve funds, the cash backing the tokens, parked at community banks.

Another idea would make it easier for community banks to launch their own stablecoins.

However, sources said neither side has locked in a compromise on the crypto market bill. And for now, it remains unclear whether these CLARITY Act tweaks will calm banks’ biggest fear of customers pulling out deposits as they move to stablecoins.

Senate Democrats Report Progress in Crypto Bill Talk In Latest Crypto News

Senate Democrats met to reassess their position on the crypto market bill and decide what they want to support going forward.

Eleanor Terrett reported that the crypto news discussion went well. She said lawmakers left the meeting in good spirits, and many described it as their most productive sit-down yet.

At the same time, Senator Tim Scott struck a hopeful tone too. The Senate Banking Committee chair told Fox News on Wednesday that he believes banks and crypto firms can still land on a workable compromise for the CLARITY Act.

Scott said lawmakers can protect everyday consumers and community banks without putting innovation in a chokehold.

In his view, healthy competition could also push prices down and make these services easier to access. And he said banks and crypto firms are still talking, trying to reach a deal that keeps the next wave of innovation in the United States.

That’s a notable shift from last year, when constant disputes kept the bill from ever crossing the finish line.

Now, the latest moves point to a shift. After months of gridlock, momentum appears to be turning in a more positive direction.

Stablecoin Sector in Focus

In other crypto news, Tether’s USDt kept growing through the fourth quarter.

USDT added $12.4 billion in Q4, pushing its market cap to $187.3 billion. The update also pointed to rising user numbers and more onchain activity, even as several rival stablecoins slipped after October’s liquidation shakeout.

Crypto News: Tether Market Cap Data | Source: Tether

After the big liquidation on Oct. 10, Circle’s USDC, the second-largest stablecoin, struggled to find a clear direction. As per crypto news updates, it moved up and down for the rest of Q4, but it ended the quarter roughly where it started.

Meanwhile, Ethena’s synthetic dollar, USDe, took a much harder hit. By the end of the period, its market cap had fallen about 57%.

Source: https://www.thecoinrepublic.com/2026/02/05/crypto-news-crypto-firms-pitch-clarity-act-amendment/

Market Opportunity
The AI Prophecy Logo
The AI Prophecy Price(ACT)
$0.01419
$0.01419$0.01419
+1.86%
USD
The AI Prophecy (ACT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut

Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut

The post Avalanche and Hyperliquid Lead Crypto Rally Post-Fed Rate Cut appeared on BitcoinEthereumNews.com. In brief Crypto markets have posted broad gains following the Federal Reserve’s quarter-point rate cut. Hyperliquid’s USDH stablecoin has been “attracting liquidity across the board from many institutions,” according to an analyst. The momentum now hinges on project-specific catalysts, with altcoins more exposed to volatility than Bitcoin, experts told Decrypt. Avalanche (AVAX) and Hyperliquid (HYPE) led the altcoin rally on Thursday as digital assets responded positively to the Federal Reserve’s latest rate cut and project-specific developments. AVAX rocketed 10.1% to $32.59, while HYPE jumped 7.2% to $58.43 in the past 24 hours, according to CoinGecko data.  Other major altcoins followed suit, with Dogecoin (DOGE) advancing 5.4% to $0.27, Solana (SOL) climbing 4.5% to $244 and Cardano (ADA) rising 4.3% to $0.90. (ADA) rising 4.3% to $0.90.  Bitcoin (BTC) maintained its position above $117,000 with a modest 0.3% gain, while Ethereum (ETH) posted a 2.1% increase to $4,588. The rally follows the Fed’s widely anticipated quarter-point rate cut, which lowered the federal funds rate to a range of between 4.25% to 4.50%.  Bitcoin and other major digital assets largely traded flat in the immediate aftermath, as investors had already priced in the highly anticipated Fed call. “While the Fed’s rate cut buoyed broader risk sentiment, AVAX’s outperformance seems driven by Avalanche’s announcement of a $1 billion Digital Asset Treasury plan,” Min Jung, senior analyst at quantitative trading firm Presto, told Decrypt. The Avalanche Foundation is in advanced talks to raise $1 billion via a Nasdaq-listed firm backed by Hivemind and a Dragonfly-sponsored SPAC, with proceeds earmarked for discounted AVAX buybacks, according to the Financial Times. Bitwise also filed paperwork on Monday for an AVAX ETF, utilizing Coinbase to custody the digital assets, which adds to the token’s institutional adoption prospects. Jung noted the rally could “sustain in the near term…
Share
BitcoinEthereumNews2025/09/18 18:49
Pi Network Accelerates Real World Adoption as Picoin Transitions from Digital Asset to Everyday Payment

Pi Network Accelerates Real World Adoption as Picoin Transitions from Digital Asset to Everyday Payment

   The Pi Network ecosystem is once again demonstrating significant progress. While the community initially focused on mining ac
Share
Hokanews2026/02/12 20:27
Peter Schiff waarschuwt na koersval: Verkoop Bitcoin vóór de volgende halvering

Peter Schiff waarschuwt na koersval: Verkoop Bitcoin vóór de volgende halvering

De recente koersdaling van Bitcoin blijft de financiële wereld verdelen. Waar veel beleggers de terugval van bijna 50 procent sinds de piek in oktober 2025 zien
Share
Coinstats2026/02/12 20:16