CLARITY Act markup set for May 14; draft would ban stablecoin interest, add Treasury rule‑making — markets largely unbothered

first published 2026-05-13T20:10:47Z

The National Crypto Association’s 2026 State of Crypto Holders Report finds 67 million Americans hold cryptocurrency, led by California (9.5M), Texas (5.94M) and Florida (4.71M). Ripple’s Chief Legal Officer Stuart Alderoty cited the report and endorsed moving the CLARITY Act forward ahead of a markup, arguing regulatory clarity is needed. The bill remains under consideration after amendments and has both supporters (including Ripple leadership and Galaxy CEO Mike Novogratz) and opponents (e.g., Charles Hoskinson).

AI Analysis

Report shows 67 million U.S. crypto holders; Ripple CLO Stuart Alderoty publicly cited the report and endorsed progressing the CLARITY Act ahead of a markup; the bill remains under consideration after amendments and has both supporters and opponents. These are factual developments about regulation and industry positions.

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