Anonymous group airs Fox News ads urging senators to pass crypto bill that excludes DeFi ahead of Jan. 15 CLARITY Act markup; banks push to limit stablecoin yields in GENIUS Act talks
first published 2026-01-10T05:27:05Z
An anonymous group called Investors For Transparency ran ads on Fox News urging the public to pressure senators to pass crypto market-structure legislation without DeFi provisions. The ads echoed banking-lobby warnings — citing a US Treasury estimate that stablecoins offering interest-like products could pull up to $6.6 trillion from bank deposits — and urged “Pass Crypto Legislation Without DeFi Provisions.” The Senate Banking Committee has scheduled a CLARITY Act markup for Jan. 15. Crypto figures including Uniswap CEO Hayden Adams criticized the anonymous campaign; lawmakers are debating conflict-of-interest safeguards and analysts warn the bill may be delayed until 2027–2029 despite Senate Banking Chair Tim Scott’s confidence.
AI Analysis
Anonymous ads pressuring senators to exclude DeFi could influence regulatory outcomes for DeFi; the ads cite a US Treasury $6.6 trillion estimate about interest-like stablecoin products; a CLARITY Act markup is scheduled for Jan. 15, and commentators and analysts expect potential delays, creating near-term regulatory uncertainty.
Expected Investor Sentiment: Bearish
Potential Market Impact: High
Source Articles
- Anti-DeFi group runs ads urging public to pressure Senators on crypto bill: Report - Cointelegraph
- Stablecoin Volumes Hit Record $33 Trillion Amid Policy Tailwinds - Bitcoin.com
- US Senate to Vote on CLARITY Act on January 15: What It Means for Crypto - Coinpedia
- GENIUS Act Sparks Clash as Banks Push to Limit Stablecoin Yields - Coinpedia
- Eleanor Terret Reveals What’s Really Driving Institutional Crypto Adoption in 2026 - Coinpedia
- Will the CLARITY Act trigger a crypto market rally? - Crypto News
- The Senate moves toward a market structure vote: State of Crypto - CoinDesk