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Clarity Act News

Latest Clarity Act News

Can the CLARITY Act still pass before Democrats take control? - 5
Feature
Read more - Can the CLARITY Act still pass before Democrats take control?

Can the CLARITY Act still pass before Democrats take control?

The Senate can return to the bill before January 3, but its September vote left supporters 11 short of the number needed to advance it. The CLARITY Act has fallen 11 votes short of advancing in the Senate, a gap…
Crypto market structure bill talks put SEC role back in focus - 6
News
Read more - Crypto market structure bill talks put SEC role back in focus

Crypto market structure bill talks put SEC role back in focus

House Democrats have begun discussing a crypto market structure bill for the next Congress that would give the Securities and Exchange Commission more oversight and revive investor protections proposed by Representative Maxine Waters. Eleanor Terrett reported that the discussions involve…
CLARITY Act faces a new Congress as Democrats win both chambers - 7
News
Read more - CLARITY Act faces a new Congress as Democrats win both chambers

CLARITY Act faces a new Congress as Democrats win both chambers

Democrats have won both chambers of Congress in the US midterm elections, leaving the stalled CLARITY Act facing a change in congressional control while federal regulators continue developing their own crypto rules. The Associated Press reported that Democrats secured House…
Crypto industry faces election losses: Is the CLARITY Act now at risk?
News
Read more - Crypto industry faces election losses: Is the CLARITY Act now at risk?

Crypto industry faces election losses: Is the CLARITY Act now at risk?

Crypto industry faces setbacks after Democrats win Congress in the U.S. midterms, with Sherrod Brown returning and key crypto bills facing uncertainty.
Stand With Crypto eyes most pro-Bitcoin Congress with 45 endorsements - 8
News
Read more - Stand With Crypto eyes most pro-Bitcoin Congress with 45 endorsements

Stand With Crypto eyes most pro-Bitcoin Congress with 45 endorsements

Stand With Crypto has predicted that the United States is on course to elect its most pro-Bitcoin Congress, as the advocacy group urged digital asset supporters to vote in the Nov. 3 midterm elections. Bitcoin Magazine shared a video of…
SEC adds 3 crypto FAQ entries on governance and token status - 9
News
Read more - SEC adds 3 crypto FAQ entries on governance and token status

SEC adds 3 crypto FAQ entries on governance and token status

The U.S. Securities and Exchange Commission has updated its crypto asset FAQ with three entries explaining how shared governance, control over network access, and decentralization fit into its token classification framework. The SEC’s Division of Corporation Finance added questions 1.4…
Crypto spent $176M on the midterms. Can it move the CLARITY Act? - 10
Feature
Read more - Crypto spent $176M on the midterms. Can it move the CLARITY Act?

Crypto spent $176M on the midterms. Can it move the CLARITY Act?

Crypto-linked political groups have spent roughly $176 million across more than 100 U.S. midterm races, according to a Reuters review of campaign-finance filings through October 20. Fairshake and its affiliates account for about $150.8 million. The spending may help elect…
CLARITY Act: Lummis says Democrats blocked tougher rules against crypto crime
News
Read more - CLARITY Act: Lummis says Democrats blocked tougher rules against crypto crime

CLARITY Act: Lummis says Democrats blocked tougher rules against crypto crime

Senator Cynthia Lummis accuses Democrats of blocking tougher crypto penalties and custody rules under the CLARITY Act after its failed Senate vote.
The CLARITY Act stalled. Can Congress pass crypto tax rules first? - 11
Feature
Read more - The CLARITY Act stalled. Can Congress pass crypto tax rules first?

The CLARITY Act stalled. Can Congress pass crypto tax rules first?

A new Senate tax proposal has joined a House bill already through committee. The measures address payments, fees and trading rules, but they have their own route to enactment and cannot settle market oversight. The Senate could not open debate…
Patrick Witt leaves White House amid CLARITY Act deadlock
News
Read more - Patrick Witt leaves White House amid CLARITY Act deadlock

Patrick Witt leaves White House amid CLARITY Act deadlock

Patrick Witt leaves the White House Crypto Council after his temporary assignment ends, as the CLARITY Act remains stalled in the U.S. Senate.
The CLARITY Act stalled. Crypto’s election money faces a Senate test - 12
Feature
Read more - The CLARITY Act stalled. Crypto’s election money faces a Senate test

The CLARITY Act stalled. Crypto’s election money faces a Senate test

Crypto’s largest election spending network is backing 32 House incumbents after the Senate declined to advance the CLARITY Act. The money may protect votes already won in the House, but the bill’s failure exposed a different problem: its supporters need…
Zcash group starts lobbying U.S. lawmakers to push crypto policy - 13
News
Read more - Zcash group starts lobbying U.S. lawmakers to push crypto policy

Zcash group starts lobbying U.S. lawmakers to push crypto policy

Zcash advocacy group PGPZ has registered to lobby in Washington on the CLARITY Act, crypto taxes, privacy and developer protections.
Why crypto rallied after the CLARITY Act failed, according to Bitwise - 14
News
Read more - Why crypto rallied after the CLARITY Act failed, according to Bitwise

Why crypto rallied after the CLARITY Act failed, according to Bitwise

Bitwise has identified four crypto sectors that benefited from the CLARITY Act’s Senate setback, with NEAR gaining 104% and Uniswap rising 49% between the vote and Sep. 30. Bitwise Asset Management chief investment officer Matt Hougan wrote in a Sep.…
CLARITY Act could allow 11 crypto activities for US banks - 15
News
Read more - CLARITY Act could allow 11 crypto activities for US banks

CLARITY Act could allow 11 crypto activities for US banks

The Congressional Research Service has identified 11 categories of crypto activities that the Senate-reported CLARITY Act would permit for U.S. banking organizations and credit unions, including digital asset underwriting and dealing. The Congressional Research Service published its analysis, “Crypto and…
CLARITY Act moves from the Senate floor to the campaign trail - 16
Feature
Read more - CLARITY Act moves from the Senate floor to the campaign trail

CLARITY Act moves from the Senate floor to the campaign trail

Stand With Crypto endorsed its first three Senate candidates on September 30, two weeks after the CLARITY Act failed to clear a procedural vote. The three races do not map neatly onto three new votes for the bill. One endorsed…
Bitcoin faces bigger risk from another Fed hike than CLARITY delay, analyst says - 17
News
Read more - Bitcoin faces bigger risk from another Fed hike than CLARITY delay, analyst says

Bitcoin faces bigger risk from another Fed hike than CLARITY delay, analyst says

Bitcoin has faced a larger threat from a possible second Federal Reserve rate hike than from the Senate’s failed CLARITY Act vote, according to comments from a HashKey Group researcher shared with crypto.news. Tim Sun, HashKey Group’s senior researcher, told…