The Senate Banking Committee will meet on Thursday, May 14, to consider the Digital Asset Market Clarity Act of 2025, putting the crypto market structure bill back on the calendar after a January postponement.The notice follows months of talks over regulatory jurisdiction, consumer protections, developer protections and stablecoin rewards. CoinDesk reported last week that crypto firms had backed a stablecoin yield compromise meant to unlock the bill.Cody Carbone, CEO of The Digital Chamber, said the notice marks “a major step” toward clarity for more than 70 million Americans who use cryptocurrencies..Blockchain Association CEO Summer Mersinger called the markup notice “an…

Alex Mashinsky will be representing himself as Celsius executive prepares for sentencingOn Wednesday, lawyers representing Alex Mashinsky moved to withdraw as attorneys in the case, saying that the former Celsius CEO would be “proceeding pro se” — representing himself in court. Mashinsky was sentenced to 12 years in prison for his role in fraud and price manipulation at the crypto lending platform.Source: PACERRoni Cohen-Pavon, Celsius’ former chief revenue officer, is scheduled to be sentenced on May 13 after pleading guilty in September 2023. On May 4, US prosecutors recommended that the judge consider Cohen-Pavon’s “substantial assistance” to the government at…

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