All parties are still optimistic that Clarity can happen before the midterms, but time is really starting to run out. www.coindesk.com
Clarity
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Regulation
Senate Urged to Vote on CLARITY Act Before August Recess as Lawmakers Return July 13
by shayaanby shayaanLimited July Schedule Raises Urgency for Floor Vote Efforts to pass a federal crypto market-structure bill have entered a critical phase as …
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Regulation
Lummis defends CLARITY Act as Warren warns crypto bill could fuel illicit finance
by shayaanby shayaanWyoming’s Senator Cynthia Lummis countered Senator Elizabeth Warren’s recent criticisms of the Clarity Act. She pointed to more than 16 statutory safeguards …
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Regulation
Is OpenUSD the answer to bank push back on CLARITY? Hints stablecoin yield concessions will fail
by shayaanby shayaanOpen Standard’s Open USD is trying to make the stablecoin yield fight about distribution before the token is live. The company announced …
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The battle over the CLARITY Act is intensifying as lawmakers continue to debate how the U.S. should regulate the crypto industry. Senator …
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Illinois just became the first state to tax crypto by the transaction. The new 0.2% levy hits nearly every trade, transfer, or …
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Regulation
White House to speak with law enforcement groups to push Crypto’s Clarity Act
by shayaanby shayaanWhite House officials — especially lead crypto adviser Patrick Witt — have sought to keep the Clarity Act moving forward in the …
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The U.S. crypto industry may have to wait a little longer for regulatory clarity as Congress officially heads into its July 4 …
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Markets
Jefferies warns of crypto market volatility as Clarity Act faces Senate test
by shayaanby shayaanThe bank said the bill faces major hurdles, with passage boosting institutional crypto adoption and delays prolonging regulatory uncertainty. www.coindesk.com
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Regulation
K33 Research Reports Senate Delay on CLARITY Act Amid Bipartisan Disputes
by shayaanby shayaanK33 Research reported that the Senate has delayed the markup of the CLARITY Act. This postponement follows a lack of bipartisan support …