ELIZABETH WARREN FIGHTS CLARITY ACT! JPMORGAN TOKENIZATION ETHEREUM & BERMUDA STELLAR XLM!

May 13, 2026

AI Summary

5 min read

This episode recaps key crypto developments, including a draft of the US Clarity Act amid partisan pushback, traditional banks like JPMorgan advancing tokenization on public blockchains, Bermuda's shift to on-chain national services via Stellar, and a wave of funding and partnerships for infrastructure like privacy tools and collateral management.

Clarity Act Draft Advances Despite Opposition

A draft of the Clarity Act, aimed at establishing crypto market structure rules, was released late by the Senate Banking Committee ahead of a Thursday vote. Industry lawyers and firms are scrutinizing its 300+ pages for issues, viewing it as progress in Washington's slow legislative process toward potential passage and signing by President Trump. Coinbase CEO Brian Armstrong is meeting Capitol Hill figures, including key Democratic negotiator Senator Catherine Cortez Masto, to build support.

Continue reading the full summary in the app — free to try.

Read Full Summary →

Free • No credit card required

Listen to Audio Summary Open in App

What you'll learn

1 (01:23) **Clarity Act Draft Bill Released** - Senate Banking Committee drops 300+ page bill for markup, industry reviews for progress toward vote
2 (02:17) **Elizabeth Warren Opposes Clarity Act** - Senator criticizes GOP bill without reading it, accused of bankster influence
3 (03:49) **Pro-Crypto Democrats Signal Support** - Chuck Schumer wants good bill to pass, shift from 2024 anti-crypto stance
4 (05:48) **Brian Armstrong Lobbies on Capitol Hill** - Coinbase CEO meets key Democrats like Catherine Cortez Masto ahead of Thursday vote
5 (06:37) **JP Morgan Launches Second Ethereum Tokenized MMF** - JLTXX fund for stablecoin reserves invests in Treasuries, uses Kinexis on public Ethereum
6 (12:10) **Bermuda Moves Payments to Stellar Blockchain** - First step to world's fully on-chain economy, builds on 2018 Digital Asset Act
7 (15:40) **DTCC Integrates Chainlink for Collateral** - Powers 24/7 tokenized collateral platform launching Q4 2026

+ Full timestamped outline available in the app

Show Notes

Crypto News: Elizabeth Warren pushes back on Clarity Act draft bill. JPMorgan launching second tokenized money market fund on Ethereum. Bermuda begins moving national payment and financial services onchain via the Stellar network.
Brought to you by 🏦 Learn about iTrustCapital’s powerful Premium Custody Account (PCA) and tax-advantaged Crypto IRA platforms https://www.itrustcapital.com/go/thinkingcrypto
💡Get the (Re)Thinking Crypto Book on Amazon - https://www.amazon.com/dp/B0D2525DYX
🖥️ Learn Crypto with Expert Commentary - http://MyCryptoCourse.com
Sponsors:
🌟 Build with BitGo - https://bitgo.com/?utm_source=thinking_crypto&utm_medium=brand&utm_campaign=sponsorship
🔐 Safely Store your Crypto with Trezor Hardware Wallets - https://affil.trezor.io/SHlz
🌟Uphold - Signup with Uphold. https://uphold.sjv.io/gbED4X Terms Apply. Cryptoassets are highly volatile. Your capital is at risk.
🖥️ Sign up with Santiment to get quality crypto metrics - https://app.santiment.net/pricing?fpr=thinkingcrypto Get 25% discount with code THINKINGCRYPTO
📰 Sign up for the Free Thinking Crypto Weekly Newsletter https://thinkingcrypto.substack.com/
✅ Become a Channel Member - https://www.youtube.com/channel/UCjpkwsuHgYx9fBE0ojsJ_-w/join
🔥 Buy Merch & support the Podcast https://my-store-574b5b.creator-spring.com/
🧙‍♂️Merlin - http://tinyurl.com/MerlinTCYouTube “I am a Merlin partner and get compensated for purchases made through links in this content"this content"

Follow on social media:
➡️ X(Twitter) - https://x.com/thinkingcrypto
➡️ Facebook - https://www.facebook.com/thinkingcrypto/
➡️ LinkedIn - http://linkedin.com/company/thinking-crypto
➡️ Instagram - https://www.instagram.com/thinkingcrypto/
➡️ TikTok - https://www.tiktok.com/@thinkingcrypto5
➡️ Threads - https://www.threads.net/@thinkingcrypto
➡️ Website - https://www.ThinkingCrypto.com/

🔊 Listen to content on Apple Podcasts - https://podcasts.apple.com/us/podcast/thinking-crypto-news-interviews/id1458945676
🔊 Listen to content on Spotify - https://open.spotify.com/show/221AV5A65v7uYEsuMviVKl

💼Business Inquiries💼
[email protected]

⏰ Time Stamps ⏰
00:00 Intro
00:24 Clarity Act Draft released
05:37 JPMorgan Tokenization Ethereum
11:11 Bermuda Stellar Lumens XLM
13:40 DTCC Chainlink
15:13 Privacy Coins Canton Network
16:23 Kraken Franklin Templeton
17:28 Stablecoin yield project $13.5 Million raise
18:18 Elliptic $120 million AI Crypto security
=================================================
#ClarityAct #Ethereum #JPMorgan #Crypto #CryptoNews #Cryptocurrency #Bitcoin #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP #EthereumNews #ETH #Solana #money #investing #trading #Altcoin #Altcoins #NFTs #Metaverse #Podcast #ThinkingCrypto
=======================================