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Earnings provisions or adjustments; CLARITY Act faces banking lobby and some Republican opposition

Odaily Planet Daily reported that Fox Business crypto journalist posted on X, stating that Lummis said Senator Hawley is "very resistant." Hawley did not vote in favor of the GENIUS Act and is not expected to vote for the CLARITY Act either; however, discussions with his office are reportedly still ongoing. Other Republican opposition appears to stem from the banking industry's concerns over the stablecoin earnings provisions in the bill. Fox Business crypto journalist noted that an industry source familiar with the matter said yesterday that, given the banking lobby's pressure and concerns from some Republicans, the earnings provisions in the bill are expected to undergo at least partial adjustments before it goes to a full Senate vote. However, it remains unclear whether these adjustments will be sufficient to satisfy the banking sector.

AmericasCUs Supports Majority of Clarity Act, Calls for Strengthening Stablecoin Yield Provisions

Fox Business crypto journalist posted on X that former NCUA Chairman Rodney Hood stated last week that credit unions play an important role in modernizing the financial system. A few days later, AmericasCUs, along with credit union leagues in all 50 U.S. states, supported the vast majority of the Clarity Act. However, they echoed the banking industry's concerns regarding the bill's stablecoin yield provisions, urging senators to strengthen the language. These groups believe that the current Tillis-Alsobrooks compromise could still allow for "functionally passive" reward structures, potentially causing deposits to flow out of local credit unions.

U.S. Senate Republicans seek Democratic support to advance the Clarity Act to floor vote

: Fox Business crypto journalist posted on platform X that the crypto industry hopes U.S. Senate Republicans will push the Clarity Act to the floor voting process this week and seek support from Democrats.

National Fraternal Order of Police Supports Latest Version of the Clarity Act, Stating BRCA Wording Preserves Capability to Investigate Crypto Crimes

: Fox Business crypto reporter posted on X platform that the National Fraternal Order of Police, one of the key law enforcement groups involved in the negotiations for the Blockchain Regulatory Certainty Act, now supports the latest version of the Clarity Act, stating that the revised BRCA wording addresses their previous concerns and preserves law enforcement’s ability to investigate crypto crimes. In the latest version of the bill released on Wednesday, the BRCA content remained unchanged, so it is unclear what specific changes the group is referring to.

Digital Chamber and other crypto organizations urge the U.S. Senate to advance the Clarity Act

Odaily News: Fox Business crypto reporter posted on platform X that Digital Chamber, Crypto Council, and Blockchain Association are urging U.S. Senate leadership to bring the Clarity Act to a full floor vote, despite the bill currently lacking the necessary support for advancement.

Investigation of Crypto-Related Crimes Strengthened; New Law Enforcement Section Added to Bill

Odaily News: Fox Business crypto reporter posted on X platform that a new section has been added to the bill, dedicated to enhancing law enforcement's ability to investigate crypto-related crimes. This section will increase funding for state and local crypto investigations and blockchain analysis tools, establish new training programs for law enforcement and prosecutors, set up "cyber hubs" to address threats posed by state actors such as North Korea and Iran, create public-private joint task forces to coordinate efforts against crypto fraud, and require stablecoin issuers to comply with lawful orders when appropriate, including freezing, seizing, destroying, and reissuing tokens.

U.S. Senate Republicans Release Updated Version of Clarity Act

Odaily News: Fox Business crypto reporter posted on X platform that, following a briefing call with stakeholders this morning, U.S. Senate Republicans have just released an updated version of the Clarity Act. The latest text includes key provisions on ethics, BRCA, and other areas that have been under scrutiny.

US Congress Holds Bipartisan Discussions on Crypto-Related Ethics Issues, DeFi Provisions Also Under Negotiation

Odaily News: Fox Business crypto reporter posted on X platform, stating that according to sources, the U.S. Congress is holding bipartisan discussions on ethics issues today. Negotiators are also discussing DeFi provisions, but ethics remains the main obstacle. When asked about the ethics proposal, a spokesperson for SenLummis said that conversations with the White House last week were "progressing well," and the ethics text to be released in the coming days will reflect these productive discussions.

White House has not yet reached consensus on ethical parameters; the industry is still awaiting updated Clarity Act text

Fox Business crypto reporter posted on platform X, stating that after President Trump met with Republican senators last Thursday, the White House has not yet reached an agreement on ethical parameters. The industry is still awaiting the updated version of the bill text.

Law enforcement support becomes key factor in US Senate crypto bill negotiations

Odaily News, Fox Business crypto reporter posted on platform X, stating that it is currently unclear what this means for the BRCA clause, nor whether other modifications will be made to the version passed by the Senate Banking Committee. Law enforcement support has become a key factor in the bill's negotiations, with some Democratic senators, including @CortezMasto and @MarkWarner, indicating they hope to address law enforcement's concerns before the full Senate supports the legislation.

Clarity Act Amendment Text May Be Released Soon

Fox Business crypto journalist posted on X platform, stating that after a series of developments in the past 24 hours, industry sources said the Clarity Act amendment text may be released soon. However, as ethical norm negotiations continue, they are also preparing for a possible delay in release until later this week.

Fox Business crypto reporter: This week to focus on CPI, PPI, Fed speeches, and Clarity Act progress

Fox Business crypto reporter posted on X platform, stating that this week there will be a dense schedule of economic data, Fed speeches, and further clarification on the status of the Clarity Act. Key points to watch include: the latest inflation data such as CPI and PPI, which could influence market expectations for the Fed's next interest rate decision; Fed Chairman Kevin Warsh will submit the semiannual monetary policy report to Congress and may face questions from lawmakers on Fed-related topics, with Michelle Bowman, Chris Waller, Michael Barr, Lisa Cook, and several regional Fed presidents also expected to speak; the updated version of the Clarity Act will merge texts from the Senate Banking Committee and the Senate Agriculture Committee. Some industry sources indicate that key clauses are still under "active negotiation" and the ethics agreement is "not yet finalized." It remains unclear how this will impact the timing of a full Senate vote, with many hoping the vote could be scheduled as early as the week of the 20th.

MCSA shifts to a neutral stance on the Clarity Act after ongoing discussions over Section 604

Odaily News: Fox Business crypto reporter posted on X platform, stating that the Major County Sheriffs of America has shifted to a "neutral" stance on the Clarity Act after recent ongoing discussions around parts of Section 604, i.e., the Blockchain Regulatory Certainty Act. In a letter to leaders of the Senate Banking Committee, MCSA stated that based on its continued review of the bill, there remains an opportunity to further strengthen the legislation in a manner that supports responsible innovation and the practical needs of state and local law enforcement.

Donald Trump earned over $600 million from his Solana meme coin in 2025, as Gillibrand renews calls for digital asset ethics reform

Fox Business crypto journalist posted on X, stating that following the release of President Trump's financial disclosure documents, Senator Gillibrand has again called for advancing ethics reform to prohibit the President, members of Congress, and their spouses from issuing or sponsoring digital assets. The financial disclosure documents show that President Trump earned over $600 million from his Solana meme coin in 2025. This announcement comes amid increased scrutiny of Senator Gillibrand's long-standing position on strengthening ethics rules, following previous reports that her son had raised funds to plan the launch of a crypto derivatives exchange.

Polymarket Exposed for Paying Influencers at Least $350,000 to Promote Its Prediction Market, with Some Content Not Disclosing Commercial Partnerships

Odaily News: Prediction market platform Polymarket's Chief Marketing Officer, Matthew Modabber, was reportedly found to have paid content creators at least $350,000 through his personal PayPal account between January 2025 and February 2026, to promote Polymarket and its prediction market data.Reports indicate that Modabber transferred over $2.5 million to more than 800 individuals over 14 months. According to a Politico investigation, at least 20 influencers who received payments subsequently posted approximately 490 pieces of content related to Polymarket on social media platform X, with the majority failing to clearly disclose the paid partnership.Creators involved include conservative commentator Alex LoRusso, political commentator Brian Krassenstein, and Fox News contributor Riley Gaines. The related posts often described Polymarket's odds changes as "BREAKING" news or event bellwethers, aiming to reinforce the public perception of the platform's predictive accuracy.A Polymarket spokesperson responded that collaborating with content creators is a standard marketing strategy for the company, intended to provide global users with "the most accurate, transparent, and data-driven market insights." However, the company did not address questions regarding why personal accounts were used for payments or whether the related promotions complied with disclosure requirements.The report notes that following Trump's election victory, interest in prediction markets surged, and Polymarket's trading volume grew rapidly. As the platform seeks to re-enter the U.S. market, it is expanding its brand influence through social media and opinion leaders, while also facing scrutiny over information disclosure, market influence, and regulatory compliance. (Politico)

Gate CFD Contract Stock Zone has launched 53 CFD contract trading pairs including SHLD (GLOBAL X Defense Technology ETF), DRAM (Roundhill Memory ETF), and others, along with a new coin airdrop Phase 4 event

According to official announcements, the Gate CFD contract zone has launched 53 CFD trading pairs: SHLD (GLOBAL X Defense Technology ETF), DRAM (Roundhill Memory ETF), GME (GameStop), NBIX (Neurocrine Biosciences), BAX (Baxter International), KMI (Kinder Morgan), CFG (Citizens Financial Group), Z (Zillow Group), DVN (Devon Energy), ADP (Automatic Data Processing), ADM (Archer-Daniels-Midland), GPN (Global Payments), SIRI (Sirius XM), ECL (Ecolab), MPC (Marathon Petroleum), MDLZ (Mondelez International), BKR (Baker Hughes), EL (Estée Lauder Companies), LVS (Las Vegas Sands Corp), LHX (L3Harris Technologies), VALE (Vale), A (Agilent Technologies), FOXA (Fox Corporation), TJX (TJX Companies), CLX (The Clorox Company), CCI (Crown Castle International), FAST (Fastenal), HLT (Hilton Worldwide), HOG (Harley-Davidson), DLR (Digital Realty Trust), PPG (PPG Industries), MTCH (Match Group), PLD (Prologis), EMR (Emerson Electric), KODK (Eastman Kodak), SWKS (Skyworks Solutions), AEP (American Electric Power), MDT (Medtronic), OMC (Omnicom Group), NSC (Norfolk Southern Railway), GFI (Gold Fields), BMY (Bristol-Myers Squibb), ROK (Rockwell Automation), LEN (Lennar Corporation), ETSY (Etsy), ADI (Analog Devices), CHTR (Charter Communications), NTRS (Northern Trust), NBR (Nabors Industries), EDU (New Oriental Education & Technology Group), VFS (VinFast), SENS (Senseonics), ETD (Ethan Allen Interiors). These contract trading pairs support 4x fixed leverage.In addition, the Gate CFD Stock Contract Zone will launch the new coin airdrop Phase 4 event from 16:00 on May 19 to 16:00 on May 29 (UTC+8). During the event, registered users can receive 300 USDT and share a prize pool of 900,000 USDT by participating in trading the newly listed assets, with a maximum reward of 31,300 USDT per person.

WLFI Co-Founder Zach Witkoff: WorldClaw and WorldRouter Ushering in a New Era of AI Infrastructure

Odaily, World Liberty Financial co-founder Zach Witkoff appeared on Fox Business to discuss the company's latest breakthroughs in AI and decentralized finance. Witkoff pointed out that WorldClaw is a key piece of the puzzle in realizing the Agent economy vision. WorldRouter, as an AI model aggregation platform, supports access to over 300 mainstream AI models—including GPT-5.5, Claude Opus 4.7, and Gemini 3.1 Pro—via a single account, with pricing 30% lower than official channels. WorldClaw AgentOS integrates the native stablecoin USD1 for instant and transparent settlement. Users can stake WLFI tokens to obtain AI credit packages and unlock whitelist eligibility. The project has the backing of the Trump family, aiming to establish the United States as the global hub for crypto and AI.

Sam Altman, co-founder of OpenAI, had his residence attacked with Molotov cocktails.

According to Fox News and NBC News, a spokesperson for OpenAI confirmed that San Francisco police arrested a suspect early Friday morning for throwing a Molotov cocktail at the residence of OpenAI’s co-founder and CEO Sam Altman, as well as for making threats outside the AI giant’s San Francisco headquarters. OpenAI stated: “Fortunately, no one was injured.” The company added: “We are deeply grateful to the San Francisco Police Department for their swift response and thank the city government for its support in ensuring the safety of our employees. The suspect has been taken into custody, and we are cooperating fully with law enforcement in their investigation.” As of now, Altman has not issued any public statement regarding this arrest. In a separate statement, the San Francisco Police Department said officers responded early Friday to a residential property in San Francisco’s North Beach neighborhood “for a fire investigation.” The suspect fled on foot, and his description was immediately disseminated to all officers. Later, the San Francisco Police Department received a report and dispatched officers to a business located at 1400 Third Street to address “an unidentified male threatening to burn down the building.” (OpenAI’s headquarters is located at 1455 Third Street.) The department stated: “Upon arriving at the scene, officers recognized the male as the same suspect involved in the earlier incident and immediately took him into custody.” The suspect is reported to be a 20-year-old man.