US Senate CLARITY Act Draws 100+ Amendments Ahead of May 14 Markup

More than 100 amendments were submitted ahead of the US Senate Banking Committee's May 14 markup of the CLARITY Act, highlighting disputes over ethics rules, stablecoin yield products and DeFi developer protections. The bill would create a federal crypto framework dividing oversight between the SEC and CFTC, while lawmakers face pressure tied to a target of signing the legislation before July 4, 2026.