Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banks-versus-crypto dispute alive in Congress. www.coindesk.com
Clarity
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Markets
Crypto's Clarity Act is a Schrödinger's cat in life-death limbo as U.S. Senate returns
by shayaanby shayaanThe crypto industry eagerly awaits a September 15 vote, though it might not happen. Or maybe it will. Or it might get …
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I dunno, flip a coin. www.coindesk.com
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The US Senate is scheduled to vote on the CLARITY Act on September 15, a regulatory framework aimed at stabilizing the crypto …
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A more optimistic statement has come from the White House regarding the Clarity Act, which is closely followed by the cryptocurrency market …
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The Clarity Act has faced a new threat ahead of its Sept. 15 procedural vote, with Republican senators warning that the measure …
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Senator Cynthia Lummis says the CLARITY Act will not fail over ethics concerns. But the bill could instead fail if Democrats refuse …
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Scams
Senate Republicans Release Revised Clarity Act Ahead of September 15 Vote
by shayaanby shayaanIn brief Senate Republicans released an updated Clarity Act on Thursday. The draft would require non-decentralized trading protocols to register with the …
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BitGo CEO Mike Belshe recently appeared on Bloomberg Live, where he discussed the intersection of artificial intelligence and the CLARITY Act. His …
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Markets
New Clarity Act text tweaks DeFi, credit union provisions, but road ahead for bill remains murky
by shayaanby shayaanThe Clarity Act needs 60 votes when the Senate returns from its recess next week. Republicans circulated a fresh draft on Thursday …