
CLARITY Act Clears Senate Banking Committee: US Crypto Markets Await Legalization
The US Senate Banking Committee advanced the CLARITY Act on May 14. Two Democrats backed the bill without an ethics deal on Trump's crypto ventures.

The US Senate Banking Committee advanced the CLARITY Act on May 14. Two Democrats backed the bill without an ethics deal on Trump's crypto ventures.

Gemini reported 42% revenue growth in Q1 2026, with credit card revenue up 300% as trading volumes halved. What this means for crypto exchanges.

T3 FCU froze $450M in USDT since 2024: 43.9% more illicit funds intercepted, 23 jurisdictions, $158B in global illicit crypto flows.

Bank of England reconsiders stablecoin holding caps and 40% reserve rules after industry pushback. GBP tokens are a tiny share of the $300B market.

U.S. spot Bitcoin ETFs lost $630.4M on May 13, the biggest daily outflow since January. BlackRock IBIT led losses at $284.7M. Inflation data triggers sell-off.

Metaplanet Q1 2026 report: operating margin hit 73.6% while a $728M loss came from Bitcoin's 24% drop. Holdings grew to 40,177 BTC worth $3.18 billion.

Kevin Warsh confirmed as new Fed Chair 54-45 on May 13, 2026. First Fed Chair to endorse Bitcoin. CPI at 3.85% and what changes for crypto.

JPMorgan Chase filed with the SEC for JLTXX, a tokenized money market fund on Ethereum. The tokenized Treasury market hit $15 billion the same day.

Jane Street cut IBIT 71% and FBTC 60% in Q1 2026 while adding $82M in Ethereum ETF exposure. A major market maker's crypto portfolio reshuffle.