"Robinhood CEO Vlad Tenev said May 8, 2026, that the U.S. is very close to passing the Crypto Clarity Act. Senator Angela Alsobrooks says the yield issue blocking bitcoin market structure legislation is now resolved. The Crypto Clarity Act would define which digital assets are securities versus commodities in U.S. law."
"The co-founder and chief executive of Robinhood said Friday that the U.S. is finalizing the passage of the Crypto Clarity Act, which would provide a clear legal definition of which tokens qualify as securities and which should be treated as commodities. The Crypto Clarity Act has been one of the most actively lobbied-for pieces of legislation in the history of the digital asset industry, as for years, crypto companies have operated in regulatory gray zones."
"The U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), for instance, have clashed repeatedly over jurisdiction, while individual firms have faced enforcement actions with limited legislative guidance to lean on. Resolving the Yield Issue' and Industry Impact Tenev's remarks come alongside a related legislative breakthrough as U.S. Senator Angela Alsobrooks separately confirmed Friday that a key sticking point in the bitcoin market structure bill, known as the yield issue, had been resolved."
"The yield issue refers to longstanding congressional disagreement over how staking rewards, yield-bearing crypto accounts, and other return-generating digital asset products should be classified and regulated under federal law. Its resolution clears a significant obstacle for the broader package. For Robinhood, regulatory clarity is a direct business imperative as the platform has expanded aggressively into digital assets over the past two years, offering trading across dozens"
The U.S. is close to passing the Crypto Clarity Act, which would define which digital assets are securities and which are commodities under U.S. law. The act would reduce regulatory uncertainty that has left crypto firms operating in gray zones. The SEC and CFTC have repeatedly clashed over jurisdiction, and enforcement actions have occurred with limited legislative guidance. Senator Angela Alsobrooks confirmed that the yield issue blocking a bitcoin market structure bill has been resolved. The yield issue concerns how staking rewards, yield-bearing crypto accounts, and other return-generating products should be classified and regulated. Resolution of this issue clears a major obstacle for broader digital asset legislation.
Read at news.bitcoin.com
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