CoinDesk Podcast Network Senate Sets Markup Date for Market Structure | CoinDesk Daily
May 11, 2026
Senate schedules a May 14 markup for the Digital Asset Market Clarity Act and tensions around timing and industry support. Debate over SEC vs CFTC jurisdiction and a potential compromise on stablecoin yields. Report on a strategy adding 535 BTC amid prior warnings about possible sell-offs.
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Senate Sets May 14 Markup For Clarity Act
- The Senate Banking Committee scheduled a May 14 markup for the Digital Asset Market Clarity Act.
- The timing revives the bill after a January delay and aims to meet the White House's July 4 passage target amid SEC/CFTC talks.
Stablecoin Yield Compromise Advances Negotiations
- Negotiations have focused on SEC versus CFTC jurisdiction, consumer protections, and a stablecoin yield compromise.
- The stablecoin yield compromise won recent industry backing and is a key element in moving the bill forward.
Trump Iran Comment Sparks Crypto Drop And Liquidations
- Geopolitical news pushed markets: President Trump's comment on Iran lifted oil and knocked crypto lower.
- Bitcoin jumped to $82,400 at the CME open then reversed toward $81,000 as pressure mounted and liquidations exceeded $400 million.