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legislation News

Latest legislation News

Major County Sheriffs abandon DeFi objection in CLARITY Act shift - 6
News
Read more - Major County Sheriffs abandon DeFi objection in CLARITY Act shift

Major County Sheriffs abandon DeFi objection in CLARITY Act shift

The Major County Sheriffs of America has withdrawn its opposition to the decentralized finance provision in the CLARITY Act, easing one of the main law enforcement concerns surrounding the proposed U.S. crypto market structure bill. According to a letter sent…
Bill Hagerty revives CLARITY Act hopes with new Senate roadmap - 7
News
Read more - Bill Hagerty revives CLARITY Act hopes with new Senate roadmap

Bill Hagerty revives CLARITY Act hopes with new Senate roadmap

The CLARITY Act has regained momentum after Senator Bill Hagerty outlined a revised Senate timeline that points to floor action after lawmakers return from the July recess. According to reports citing Senator Bill Hagerty, the U.S. Senate is expected to…
Brazil tightens crypto oversight with new capital rules for exchanges - 8
News
Read more - Brazil tightens crypto oversight with new capital rules for exchanges

Brazil tightens crypto oversight with new capital rules for exchanges

Brazil has approved new prudential rules that will require virtual asset service providers to meet capital, risk management, and disclosure standards from 2027. According to a local media report, Brazil’s Central Bank has approved a new set of prudential requirements…
Azerbaijan advances crypto regulation with licensing proposal - 9
News
Read more - Azerbaijan advances crypto regulation with licensing proposal

Azerbaijan advances crypto regulation with licensing proposal

Azerbaijan has completed a draft law to regulate virtual assets and submitted it for review, with the Central Bank expecting the legislation to be adopted before the end of the year. According to remarks by Central Bank of Azerbaijan Financial…
TD Cowen warns CLARITY Act timeline remains far from assured - 10
News
Read more - TD Cowen warns CLARITY Act timeline remains far from assured

TD Cowen warns CLARITY Act timeline remains far from assured

The chances of the crypto market structure bill, or CLARITY Act, passing before the November midterm election have remained far from assured as major legislative hurdles continue, according to investment bank TD Cowen. According to TD Cowen’s Washington Research Group,…
Galaxy Digital cuts CLARITY Act odds as Tim Scott pushes ahead - 11
News
Read more - Galaxy Digital cuts CLARITY Act odds as Tim Scott pushes ahead

Galaxy Digital cuts CLARITY Act odds as Tim Scott pushes ahead

The chances of the CLARITY Act becoming law in 2026 have narrowed after Galaxy Digital reduced its approval odds to 50%, even as Senate Republicans continue pushing for a vote when lawmakers return from recess. According to journalist Eleanor Terrett,…
Galaxy Digital cuts CLARITY Act odds as Senate clock runs down - 12
News
Read more - Galaxy Digital cuts CLARITY Act odds as Senate clock runs down

Galaxy Digital cuts CLARITY Act odds as Senate clock runs down

Galaxy Digital has lowered its estimated probability of the CLARITY Act becoming law in 2026 to 50%, citing a shrinking Senate calendar and the absence of visible legislative progress ahead of the August recess. According to a research note from…
SEC and CFTC launch crypto rules review after futures approval - 13
News
Read more - SEC and CFTC launch crypto rules review after futures approval

SEC and CFTC launch crypto rules review after futures approval

The Securities and Exchange Commission and Commodity Futures Trading Commission have launched a joint review of crypto derivatives regulations, opening a 60-day public comment period following the approval of U.S. crypto perpetual futures. According to a joint press release, the…
Ripple deploys CLARITY truck as Senate delay clouds crypto bill - 14
News
Read more - Ripple deploys CLARITY truck as Senate delay clouds crypto bill

Ripple deploys CLARITY truck as Senate delay clouds crypto bill

Ripple has stepped up its public campaign for the CLARITY Act as the legislation faces a narrower path through Congress following a Senate recess and competing legislative priorities in Washington. According to Ripple, the company has deployed a mobile advertising…
DOJ challenges law enforcement claims over CLARITY Act loopholes - 15
News
Read more - DOJ challenges law enforcement claims over CLARITY Act loopholes

DOJ challenges law enforcement claims over CLARITY Act loopholes

The U.S. Department of Justice has rejected warnings from four major law enforcement organizations, arguing that the CLARITY Act would not weaken criminal investigations and that claims about enforcement loopholes are factually incorrect. According to the Blockchain Association, a DOJ…
Cynthia Lummis opens final review window for CLARITY Act text - 16
News
Read more - Cynthia Lummis opens final review window for CLARITY Act text

Cynthia Lummis opens final review window for CLARITY Act text

Months of negotiations have brought the CLARITY Act to its final review stage, with Senator Cynthia Lummis confirming a July 4 release of the updated text ahead of a Senate push later in July. According to Lummis, who spoke with…
OpenPayd secures MiCA license to expand stablecoin services across Europe - 17
News
Read more - OpenPayd secures MiCA license to expand stablecoin services across Europe

OpenPayd secures MiCA license to expand stablecoin services across Europe

Financial infrastructure provider OpenPayd has secured authorization under the European Union’s Markets in Crypto-Assets Regulation, allowing the company to offer regulated crypto services across the European Economic Area through a single license. OpenPayd announced on June 24 that the authorization…
CLARITY Act critics say Section 604 may weaken crypto crime investigations - 18
News
Read more - CLARITY Act critics say Section 604 may weaken crypto crime investigations

CLARITY Act critics say Section 604 may weaken crypto crime investigations

The CLARITY Act has drawn fresh opposition from U.S. law enforcement organizations and anti-trafficking advocates ahead of a House hearing scheduled for July 17, with both groups warning that a provision tied to decentralized finance could weaken oversight of illicit…
CLARITY Act faces trafficking backlash as Senate vote nears - 19
News
Read more - CLARITY Act faces trafficking backlash as Senate vote nears

CLARITY Act faces trafficking backlash as Senate vote nears

The CLARITY Act has faced fresh opposition from a trafficking prevention group as Senate lawmakers continue weighing the crypto market structure bill ahead of a narrowing legislative window this year. According to a letter obtained by Punchbowl, the Alliance to…
John Boozman reveals why CLARITY Act faces Senate resistance - 20
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 - 21
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…