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legislation News

Latest legislation News

John Boozman reveals why CLARITY Act faces Senate resistance - 5
News
Read more - John Boozman reveals why CLARITY Act faces Senate resistance

John Boozman reveals why CLARITY Act faces Senate resistance

The CLARITY Act has entered another round of Senate negotiations, with Senate Agriculture Committee Chairman John Boozman saying that limited understanding of the bill among lawmakers remains one of the biggest obstacles to its progress. According to a report from…
Bill Hagerty revives July 4 hope for CLARITY Act passage - 6
News
Read more - Bill Hagerty revives July 4 hope for CLARITY Act passage

Bill Hagerty revives July 4 hope for CLARITY Act passage

Senator Bill Hagerty has renewed expectations that Congress could advance the Digital Asset Market Clarity Act before the July 4 recess, even as several lawmakers continue to caution that final Senate action may take longer. According to comments made by…
CLARITY Act faces ethics showdown as David Nage eyes July vote - 7
News
Read more - CLARITY Act faces ethics showdown as David Nage eyes July vote

CLARITY Act faces ethics showdown as David Nage eyes July vote

The CLARITY Act has advanced toward a potential July Senate vote, though negotiations over conflict-of-interest provisions continue to divide lawmakers. According to David Nage, managing director and portfolio manager at Arca, discussions with Senate offices and staff members in Washington…
CLARITY Act to set aside $150M for crypto fraud investigations - 8
News
Read more - CLARITY Act to set aside $150M for crypto fraud investigations

CLARITY Act to set aside $150M for crypto fraud investigations

The Digital Asset Market Clarity Act has secured a $150 million allocation for law enforcement efforts targeting cryptocurrency scams and other digital asset crimes, according to U.S. Senator Cynthia Lummis. In a post published on X on June 16, the…
What if the CLARITY Act fails? Three scenarios, priced
Feature
Read more - What if the CLARITY Act fails? Three scenarios, priced

What if the CLARITY Act fails? Three scenarios, priced

CLARITY Act's odds fell to a coin flip and the July 4 deadline is gone. The three ways it ends, pass, delay to 2027, or fail to 2030, with odds and outcomes.
Solana Institute warns Senate against weakening CLARITY Act - 9
News
Read more - Solana Institute warns Senate against weakening CLARITY Act

Solana Institute warns Senate against weakening CLARITY Act

The Solana Institute has urged U.S. senators to preserve key provisions of the CLARITY Act as industry participants increasingly look toward an August timeline for advancing the legislation through Congress. According to Solana Institute President Kristin Smith, the Blockchain Regulatory…
CFTC hires SEC crypto adviser as digital asset debate heats up - 10
News
Read more - CFTC hires SEC crypto adviser as digital asset debate heats up

CFTC hires SEC crypto adviser as digital asset debate heats up

The Commodity Futures Trading Commission has appointed SEC crypto task force adviser Donald Battle as chief data innovation officer as lawmakers continue debating the future of U.S. digital asset regulation. According to a Monday announcement from CFTC Chair Michael Selig,…
August recess emerges as new target for Clarity Act passage - 11
Markets
Read more - August recess emerges as new target for Clarity Act passage

August recess emerges as new target for Clarity Act passage

The odds of securing a July 4 signing for the CLARITY Act have narrowed, with lawmakers, industry groups, and market observers increasingly turning their attention to the August recess. According to reporting from Crypto In America, many policymakers and industry…
Trump team courts police groups as CLARITY Act vote nears - 12
News
Read more - Trump team courts police groups as CLARITY Act vote nears

Trump team courts police groups as CLARITY Act vote nears

The Trump administration has convened roughly 20 lawmakers, congressional staff members, and law enforcement representatives at the White House as Senate leaders work toward a possible floor vote on the CLARITY Act before the August recess. According to journalist Eleanor…
Polish President Nawrocki stalls MiCA rollout despite deadline - 13
News
Read more - Polish President Nawrocki stalls MiCA rollout despite deadline

Polish President Nawrocki stalls MiCA rollout despite deadline

Polish President Karol Nawrocki has vetoed the country’s crypto assets bill for a third time, delaying the implementation of the European Union’s MiCA framework just weeks before the bloc’s July compliance deadline. According to Reuters, Nawrocki rejected legislation that would…
Coinbase urges Congress to scrap taxes on stablecoin spending - 14
News
Read more - Coinbase urges Congress to scrap taxes on stablecoin spending

Coinbase urges Congress to scrap taxes on stablecoin spending

Coinbase has urged U.S. lawmakers to remove capital gains tax requirements on stablecoin payments and exempt small crypto transactions from burdensome reporting rules. According to testimony delivered by Coinbase vice president of tax Lawrence Zlatkin before the House Ways and…
Kristin Smith pushes Senate to protect crypto developers in CLARITY Act - 15
News
Read more - Kristin Smith pushes Senate to protect crypto developers in CLARITY Act

Kristin Smith pushes Senate to protect crypto developers in CLARITY Act

Solana Institute CEO Kristin Smith has urged the U.S. Senate to preserve developer protections in the CLARITY Act as more than 200 crypto firms and organizations push for the bill to advance before August. Commenting on the legislation’s progress, Smith…
Paradigm challenges FDIC over controversial stablecoin yield ban - 16
News
Read more - Paradigm challenges FDIC over controversial stablecoin yield ban

Paradigm challenges FDIC over controversial stablecoin yield ban

Crypto investment firm Paradigm has urged the U.S. Federal Deposit Insurance Corporation to remove provisions from its proposed stablecoin framework that could restrict third-party firms from offering rewards tied to stablecoins. According to a comment letter submitted to the FDIC,…
Trump adviser Patrick Witt backs sweeping crypto tax bills - 17
News
Read more - Trump adviser Patrick Witt backs sweeping crypto tax bills

Trump adviser Patrick Witt backs sweeping crypto tax bills

Trump adviser Patrick Witt has backed six House crypto tax bills as lawmakers seek to clarify rules for staking, mining, and digital asset transactions. According to statements posted on X, White House crypto adviser Patrick Witt praised the House Ways…
CLARITY Act backers press Senate as odds of passage decline - 18
News
Read more - CLARITY Act backers press Senate as odds of passage decline

CLARITY Act backers press Senate as odds of passage decline

More than 200 crypto companies and industry organizations have urged the U.S. Senate to bring the CLARITY Act to a floor vote as concerns over the bill’s shrinking legislative window have intensified. According to crypto advocacy group Stand With Crypto,…
CLARITY Act vote more likely before August recess, says Lummis - 19
News
Read more - CLARITY Act vote more likely before August recess, says Lummis

CLARITY Act vote more likely before August recess, says Lummis

Senator Cynthia Lummis has indicated that the Senate could take until August to complete work on the CLARITY Act as lawmakers continue assembling the final version of the crypto market structure bill. Speaking with journalist Eleanor Terrett, Lummis said a…