While acknowledging bipartisan support exists for the legislation, Rafique said party politics are likely to outweigh the industry’s push for regulatory clarity. …
Clarity
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If the crypto industry’s Digital Asset Market Clarity Act fizzles in the U.S. Senate, the result may not be fatal, but it’s …
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Markets
U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month
by shayaanby shayaanThe majority leader opened the multi-stage process the Senate follows when trying to get a bill over its 60-vote hurdle, so it’s …
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Some details of the Clarity Act itself are still being negotiated. Provisions addressing illicit finance and agriculture issues are still under discussion, …
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Lummis Sees Vote Nearing After 11 Months of Negotiations U.S. Senator Cynthia Lummis (R-WY), chair of the Senate digital assets panel, said …
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When FTX collapsed, the parts of it bound by law survived. Mainstream finance is now converging with digital assets, and the law …
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The Wall Street Journal Editorial Board has criticized the Senate’s proposed Clarity Act. The board has admitted that the legislation would provide …
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Regulation
Rick Scott Calls on Senate to Pass CLARITY Act, Citing Need for Crypto Rules
by shayaanby shayaanU.S. Senator Rick Scott (R-FL) is pressing his colleagues to advance the CLARITY Act, a piece of legislation aimed at establishing a …
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Regulation
Kennedy Urges Senate to Vote on CLARITY Act, Citing Years of Crypto Debate
by shayaanby shayaanU.S. Republican Senator John Kennedy of Louisiana has called on the Senate to hold an immediate vote on the CLARITY Act, a …
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Regulation
Coinbase Policy Chief Fires Back at WSJ Critique of CLARITY Act, Citing Evidence and Mischaracterizations
by shayaanby shayaanCoinbase’s Chief Policy Officer, Faryar Shirzad, has publicly challenged a Wall Street Journal editorial that criticized the CLARITY Act, a proposed U.S. …