The CEOs from companies across several tech-forward sectors met with the president in advance of this week's first Innovation Advisory Committee at the CFTC.
COIN and BLSH rose about 8% and CRCL gained nearly 10% ahead of a key procedural vote scheduled for Sept. 15.
Former New York Gov. Andrew Cuomo says the CLARITY Act is key to linking crypto and traditional markets.
The bankers want people kept in lower-yield deposits for the good of the financial system as it's existed for generations, and their argument is gaining ground.
President Donald Trump and the heads of the SEC and CFTC are expected to meet crypto and prediction-market executives at the White House next week as the industry’s biggest legislative priority faces dwindling odds of becoming law this year. According to reports, the Aug. 19 gathering is expected to include executives from Coinbase, Andreessen Horowitz, […]
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The Democrats who may get a bigger say in future crypto legislative efforts are familiar figures, and they generally look at digital assets with distrust.
The White House is raising pressure on Senate Democrats ahead of a Sept. 15 vote on the CLARITY Act, arguing that lawmakers have already had enough time to reach a deal on crypto market structure. On Aug. 8, Patrick Witt, executive director of the Presidential Council of Advisors for Digital Assets, accused Senate Minority Leader […]
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Senate Majority Leader John Thune has formally started the process to force a vote on whether the Senate will take up the CLARITY Act, giving the stalled crypto market-structure bill an immediate path to the floor when lawmakers return in September. Thune filed cloture early Saturday on the motion to proceed to H.R. 3633, the […]
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The majority leader opened the multi-stage process the Senate follows when trying to get a bill over its 60-vote hurdle, so it's still got a shot in September.
The US Senate has abandoned plans to vote on the landmark CLARITY Act legislation before its August break. On Aug. 6, Senate Majority Leader John Thune confirmed that the legislation will have to wait until lawmakers return Sept. 14, reversing his earlier expectation that the Senate would act before leaving Washington. A spokesperson for the […]
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The OKX executive says Democrats have little incentive to hand Republicans a crypto victory before the midterms.
With the U.S. crypto bill missing a crucial window before the Senate hangs its closed-for-summer sign, the alternatives are getting more attention.
The U.S. Senate won't go on its August recess just yet but it will not vote on the Clarity Act this month, dimming hopes that the bill can become law this year.
The Senate has not yet indicated if it will advance the Digital Asset Market Clarity Act, and with its summer recess looming, here are the possible outcomes.
Senators Elizabeth Warren and Richard Blumenthal requested the U.S. Securities and Exchange Commission probe Trump's memecoin.
Crypto Watchdog has taken to warning people in DC about the hazards of digital assets, and its director won't say who is backing it.
The broker said failure to pass the Clarity Act this year would likely send crypto lower, but expects U.S. regulators to accelerate rulemaking.
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional adoption advance.
Senate negotiations over the landmark CLARITY Act are producing fresh concessions, but little evidence that the parties are moving closer to a deal. Democrats are moving on regulatory appointments and ethics, while law-enforcement groups have proposed new language for one of the CLARITY Act’s most contentious provisions. The White House and crypto advocates, however, have […]
The post A secret 11th-hour CLARITY proposal to protect crypto coders was just ripped apart by both sides of Washington appeared first on CryptoSlate.
Insiders say that the bipartisan Senate duo revamping the bill's Trump-approved ethics section have come up with something they hope wins sufficient yes votes.
BlackRock, Fidelity, Franklin Templeton, Goldman Sachs and SoFi have publicly endorsed the crypto market structure bill as the Senate's timeline tightens.
Bitcoin has largely shrugged off the deteriorating outlook for the CLARITY Act, raising the possibility that traders have already priced another legislative failure into the market. Data from CryptoSlate shows the largest cryptocurrency trading around $63,500 as of press time, above the roughly $61,900 level seen on June 5, when Galaxy Digital put the bill’s […]
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The majority leader is pursuing floor time for unrelated bills as the crypto industry waits for its policy effort to get its chance for votes.
Galaxy Digital said the Senate has four working days to save the CLARITY Act, as it cut passage odds to 30%. In a July 24 note to clients, the crypto investment firm lowered its estimate for CLARITY Act chances this year from 50%, saying lawmakers need a deal by July 30 to leave enough time […]
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The revised CLARITY Act is exposing unusual divisions across Wall Street, Washington and the crypto industry as lawmakers struggle to build support for a Senate vote. Senate Republicans this week released a new draft that would bar the president and other federal officials from issuing or sponsoring digital assets. The changes have drawn sharply different […]
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U.S. Senate Democrats got President Donald Trump to accept potential limits on his lucrative crypto dealings, but they say the Clarity Act's restrictions aren't enough.
The deadline to get the crypto market structure bill done before senators scatter will likely be missed, says Majority Leader Thune, though it may get a start before then.
The White House pushed back against the Senate Democrats' rejection of the latest version of the CLARITY Act, with ethics remaining a major sticking point. The clash comes despite President Donald Trump’s decision this week to accept new ethics limits, reflecting how far apart negotiators remain as lawmakers try to advance sweeping crypto market legislation. […]
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The Goldman Sachs CEO said the crypto market structure bill would create a more stable regulatory framework, breaking with other major bank leaders who oppose key stablecoin provisions.
Senator Cynthia Lummis, one of the lead negotiators on the bill, told CoinDesk she was "pleased" that the updated bill was ready for release.