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Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield

admin May 1, 2026 1 min read

The text released Friday blocks crypto firms from offering stablecoin yield offerings that look like bank deposits, but “bona fide” transactions are allowed.

Source:Coindesk

DISCLAIMER: This article is for informational purposes only and is not financial advice. Always do your own research (DYOR) before investing.

Market snapshot

Fear & Greed51 · Neutral

BTC dominance58.5%

Market cap$2.59T

BTC $75,649.00 -1.8%
ETH $2,396.17 -3.4%
USDT $0.999358 0.0%
BNB $710.50 -1.5%
XRP $1.27 -11.4%

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Topics

Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%July 26, 2026
Users have a month to close trades and six months to withdraw, and the exchange gave no specific reason for closing. Source:Coindesk
Shiba Inu surges 36% as South Korean traders fuel mystery rallyJuly 26, 2026
The rally has no announcement behind it, other dog tokens haven’t matched it, and Korean venues are carrying the volume. Source:Coindesk
Robinhood in talks with Crypto.com over prediction markets: WSJJuly 26, 2026
While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding its services. Source:Cointelegraph
Binance ‘red teams’ its own staff every month to keep hackers outJuly 26, 2026
Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches. Source:Cointelegraph
BitMart to wind down exchange, end trading by Aug. 26July 26, 2026
Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with platform operations set to end in January. Source:Cointelegraph
Robinhood Chain's real-world assets jump fivefold as tokenized stocks start trading in bigger sizeJuly 25, 2026
The chain built to put equities onchain has tripled in size since mid-July, and a dozen tokenized stocks are now each clearing $500,000 a day. Real-world assets are growing fast,…
Democratizing weather derivatives through tokenization could be crypto's most important real-world use caseJuly 25, 2026
Main Street, which faces the most significant climate-related financial risk, currently lacks an avenue to hedge weather-related risks, argues CoinDesk’s Omkar Godbole. Source:Coindesk
North Korea arrests hackers accused of laundering stolen funds from country's bank via cryptoJuly 25, 2026
The group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade detection. Source:Coindesk
Russia’s largest bank Sberbank plans crypto trading infrastructure by DecemberJuly 25, 2026
New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying from July 2027. Source:Coindesk
Fidelity joins push for Senate passage of CLARITY ActJuly 25, 2026
Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market structure legislation. Source:Cointelegraph

Fear & Greed

Neutral

BTC Dominance

58.5%

Market Cap

USDT Dominance

7.1%

Stable Flow

Market RSI

BEARISH MOMENTUM

Open Interest

$8.1B

BTC / USDT BINANCE

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02.

Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%

Users have a month to close trades and six months to withdraw, and the exchange gave no specific reason for…

Jul 26, 2026

03.

BitMart to wind down exchange, end trading by Aug. 26

Crypto exchange BitMart said it will wind down operations after its BMX token plunged and users reported withdrawal delays, with…

Jul 26, 2026

04.

Binance ‘red teams’ its own staff every month to keep hackers out

Binance regularly tests its employees for security hygiene, with social engineering becoming a major source of industry breaches. Source:Cointelegraph

Jul 26, 2026

05.

Robinhood in talks with Crypto.com over prediction markets: WSJ

While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly…

Jul 26, 2026

06.

Robinhood Chain's real-world assets jump fivefold as tokenized stocks start trading in bigger size

The chain built to put equities onchain has tripled in size since mid-July, and a dozen tokenized stocks are now…

Jul 25, 2026

07.

Fidelity joins push for Senate passage of CLARITY Act

Fidelity called on the US Senate to pass the CLARITY Act, joining industry groups and crypto firms pushing for market…

Jul 25, 2026

08.

Russia’s largest bank Sberbank plans crypto trading infrastructure by December

New regulations for crypto trading, custody, and settlement in Russia take effect Sept. 1, with requirements for licensed intermediaries applying…

Jul 25, 2026

09.

North Korea arrests hackers accused of laundering stolen funds from country's bank via crypto

The group allegedly breached Central Bank systems, converted crypto to cash via Chinese brokers, and used small transfers to evade…

Jul 25, 2026

10.

Democratizing weather derivatives through tokenization could be crypto's most important real-world use case

Main Street, which faces the most significant climate-related financial risk, currently lacks an avenue to hedge weather-related risks, argues CoinDesk’s…

Jul 25, 2026

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Bitcoin advocacy group to join US State Department’s ‘digital freedom’ program

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Jul 25, 2026

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Keep reading

Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield

More in this topic

Shiba Inu surges 36% as South Korean traders fuel mystery rally

Crypto exchange BitMart to shut down after nine years, BMX token crashes 58%

BitMart to wind down exchange, end trading by Aug. 26

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