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U.S. crypto lobbying group Blockchain Association has urged the Federal Reserve to formalise the removal of “reputation risk” from bank supervision rules, warning that the concept has been used to restrict access to financial services. In a comment letter submitted…
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Senator Thom Tillis has threatened to oppose the Senate’s crypto market structure bill unless ethics restrictions on White House crypto activity are added. According to Politico, Tillis said he would withdraw support for the legislation if it leaves the Senate…
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Canada has advanced a bill to block cryptocurrency donations in federal elections, pushing tighter controls on how political funding is handled. According to Canada’s House of Commons, Bill C-25, known as the Strong and Free Elections Act, cleared its second…
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More than 120 crypto organizations including Coinbase, Ripple, Kraken, and Andreessen Horowitz sent a joint letter to the Senate Banking Committee on April 23 demanding an immediate CLARITY Act markup, as the bill’s end-of-May deadline tightens and prediction market odds…
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The CFTC sued New York to block state gambling laws from applying to federally regulated prediction market platforms.
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Galaxy Digital head of firmwide research Alex Thorn has assessed the CLARITY Act’s chances of being signed into law in 2026 at roughly 50-50, and possibly lower, in a research note being published this week, warning that the bill faces…
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A coalition of crypto firms and advocacy groups has urged U.S. senators to move ahead with a markup of the Clarity Act, warning that delays risk pushing the industry offshore. The push came through an April 23 letter led by…
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Russia’s State Duma has advanced a crypto regulation bill in its first reading, outlining licensing rules, investor limits, and cross-border use provisions. According to state news agency TASS, the proposed law assigns the Bank of Russia as the primary authority…
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Bybit led Hata’s $8 million Series A as Malaysia expands digital asset rules, tokenization pilots, and stablecoin testing.
News
A push to delay the Senate markup of the CLARITY Act to May has emerged as disputes over stablecoin yield continue to stall progress. According to Punchbowl News, US Senator Thom Tillis has advised Senate Banking Chair Tim Scott to…
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The Digital Asset Market Clarity Act is gaining fresh momentum in the U.S. Senate as negotiators work to solidify a bipartisan compromise on stablecoin regulations. Patrick Witt, the executive director of the President’s Council of Advisors for Digital Assets, told…
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Senator Cynthia Lummis said Congress must pass the CLARITY Act soon or delay crypto market structure reform until 2030.
Markets
XRP traded at $1.35 as Congress returned on April 13, with traders watching the CLARITY Act and new analyst price targets.
XRP
XRP
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A federal judge blocked Arizona from enforcing gambling laws against Kalshi as the CFTC pressed its case in court.
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CFTC named five members of its innovation task force as the agency expands work on crypto, AI, and prediction market rules.
News
The Japanese government passed an amendment to the Financial Instruments and Exchange Act on Friday, officially reclassifying crypto assets as financial instruments. According to a report by Nikkei, the new legislation introduces a ban on insider trading and prohibits any…
