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Coinbase, Kraken and Gemini Push Senate Panel to Remove Crypto Market Manipulation Clause

A week-ahead crypto calendar flags the Senate Banking Committee’s May 14 CLARITY Act vote hearing alongside key macro data and industry events, keeping focus on U.S. crypto legislation and broader market catalysts.

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Fact Check
The core claim — that a HarrisX survey found 52% support for the CLARITY Act among U.S. voters — is directly and authoritatively confirmed by HarrisX's own official website ('NEW: Voters Show Bipartisan Support for American Crypto Leadership & CLARITY Act'), which lists 52% support as a key finding from a survey of 2,008 registered voters. This is corroborated by crypto.news, PANewsLab (citing Cointelegraph), and multiple X posts. The bipartisan interest element is confirmed across all sources (Democrats 55-58%, Republicans 54-58%, independents 42%). The Senate Banking Committee markup angle is also corroborated. A minor inconsistency exists in the poll dates (crypto.news says April 28-30; HarrisX and other sources say May 1-4), but this does not affect the validity of the 52% figure or the core claim. The survey was commissioned by the Chamber of Digital Commerce, which is a relevant context note not mentioned in the original claim but does not undermine it.
Summary

A week-ahead crypto calendar identifies the Senate Banking Committee’s May 14 CLARITY Act vote hearing as a key upcoming event for digital-asset markets. The calendar also highlights Circle’s May 11, 2026 first-quarter earnings, the release of U.S. April CPI data on May 12, Ronin’s Ethereum Layer-2 migration, Base Azul’s mainnet launch, and Binance’s extension of its USD1 subsidy. The existing debate around the CLARITY Act remains centered on token classification, agency oversight, exchange listing rules, stablecoin reward restrictions, and a market-manipulation clause that Coinbase, Kraken, and Gemini want removed.

Terms & Concepts
  • CLARITY Act: A proposed U.S. digital-asset market structure bill that would set rules for token classification, federal oversight, and how crypto intermediaries operate.
  • stablecoin: A digital asset designed to maintain a stable value, often by being tied to a reserve asset such as the U.S. dollar.
  • Ethereum Layer-2: A scaling network built on top of Ethereum that aims to increase transaction throughput and reduce costs while relying on Ethereum for settlement or security.