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US Senate's Clarity Act markup leaves bitcoin steady amid regulatory uncertainty

Market News
14 May 2026
Coindesk
View Source
Neutral
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The US Senate is reviewing the Clarity Act, a major digital asset bill that bans interest on stablecoin balances and imposes penalties up to $5 million, while adding the Treasury as a regulator alongside the SEC and CFTC. Despite the bill's significance and over 100 proposed amendments, bitcoin markets show low volatility and little reaction, suggesting investors are treating the event as low risk. Technical analysis indicates bitcoin's recent recovery may have stalled, with potential downward pressure toward $75,000. The bill's passage depends on bipartisan support, and its final impact on crypto regulation remains uncertain.

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