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Senator Bernie Moreno declared at a Washington event on April 22 that the CLARITY Act must clear Congress by the end of May, stating plainly that missing that deadline could shelve the legislation indefinitely as midterm election politics consume the…
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Kraken submitted 56 million crypto tax forms for 2025, most reporting gains under $50, and is now calling on Congress to overhaul what it calls an unworkable reporting threshold. Kraken filed 56 million crypto tax forms with the IRS for…
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US election news from Texas arrived Monday as Attorney General Ken Paxton filed a lawsuit in Tarrant County district court against ActBlue, the Democratic fundraising platform, alleging it violated the Texas Deceptive Trade Practices Act by continuing to accept gift…
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RFK Jr. HHS budget cuts of roughly $16 billion faced their first major congressional test Thursday as Health Secretary Robert F. Kennedy Jr. testified before the House Ways and Means Committee, fielding pointed questions on vaccine policy while defending a…
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Eric Swalwell resignation took effect April 15 as the California Democrat stepped down from his seven-term House seat, capping a political collapse that erased both his congressional career and his frontrunner status in the California governor’s race in under one…
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Congress is calling for a Polymarket investigation after at least 50 newly created accounts placed bets on a US-Iran ceasefire in the minutes before President Trump announced it on social media on April 9. The prediction market platform Polymarket is…
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SEC chair Paul Atkins says “Project Crypto” means the SEC and CFTC are ready to implement the CLARITY Act as soon as Congress passes comprehensive market‑structure reforms. U.S. Securities and Exchange Commission (SEC) chairman Paul Atkins has signaled that the…
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The Trump administration submitted a $1.5 trillion defense spending request to Congress on April 3 — the largest military budget proposal in U.S. history — pairing record military outlays with cuts to domestic programs in a fiscal combination that signals…
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The cryptocurrency industry faces a critical three-year period to demonstrate widespread adoption if the Clarity Act fails to pass the U.S. Senate, according to Bitwise's Matt Hougan
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Kevin O’Leary says U.S. crypto market structure legislation is finally on the brink, predicting it will pass before the midterm elections despite months of delays.
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Don't expect any crypto bill discussions until February or March as the Senate shifts its focus to affordable housing.
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The passage of three landmark crypto bills will have longstanding effects on the industry.
Follow-up
Hearings on the Digital Asset Market Clarity Act took place on June 4, 2025. The bill is a bipartisan legislation clarifying the market structure for digital assets. Before the hearings, Democrats accused the Securities and Exchange Commission of withholding crucial…
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Aptos Labs CEO Avery Ching is scheduled to testify at a congress hearing about digital assets with the House Committee on Agriculture tomorrow. After the news broke, APT rose by nearly 5%. In a recent post, Ching stated that he…
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A high-profile House hearing on crypto regulation got testy Tuesday after House Democrats, led by Rep. Maxine Waters walked out in protest over President Donald Trump’s involvement in crypto. The joint hearing — organized by the House Financial Services and…
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Ivan Soto-Wright urged Congress in an open letter to ensure fair competition between state and federal stablecoin issuers in upcoming legislation. The MoonPay CEO voiced support for preserving state regulatory authority over stablecoin issuers, urging Congress to adopt key amendments…
