CoinDesk, May 17: 1. U.S. Congress: The Clarity Act passed by a vote of 15-9; 2. Bitcoin ETFs ended six weeks of net inflows, with a net outflow of $1 billion for the week; 3. Bitcoin ETFs recorded their first net outflow in six weeks; 4. Total net outflow from Bitcoin ETFs reached $290 million; 5. Whale with 100% win rate: Short position on ETH reduced by 43.15 BTC, current P&L at -0.49%; 6. Abraxas Capital’s main address increased long position in BTC by approximately $2.88 million; 7. Abraxas Capital’s main address increased long position in BTC by approximately $2.59 million; 8. Abraxas Capital’s main address rolled over its BTC long position; 9. The United States terminated exemptions for Russian crude oil sales; 10. India imposed import restrictions on certain silver products.
U.S. Congress Passes Clarity Act with a 15-9 Vote
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Summary
On May 17, 2026, the U.S. Congress passed the Clarity Act with a 15-9 vote to address CFT concerns, aiming to provide regulatory clarity for the crypto industry. Lawmakers stressed the importance of balancing innovation with compliance. The legislation is anticipated to impact the performance of risk-on assets. Key provisions include anti-money laundering measures and clearer licensing guidelines.
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