The CEO of financial services titan JPMorgan Chase says banks will fight back against the CLARITY Act, the landmark crypto bill that …
Markup
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Regulation
CLARITY Act is not law yet, but the markup is a major retail adoption trust catalyst
by shayaanby shayaanThe Senate Banking Committee advanced the Digital Asset Market Clarity Act by a 15-9 vote, and the National Cryptocurrency Association (NCA) says …
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Regulation
How CLARITY Act survived a chaotic Senate markup after Warren, Banks and Democrats tried to slow it down
by shayaanby shayaanInside a packed Senate hearing room on May 14, the air was heavy with the tension of a high-stakes jurisdictional brawl on …
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Regulation
American Bankers Association urges banks to oppose stablecoin yield loophole in Digital Asset Market Clarity Act ahead of Senate markup
by shayaanby shayaanThree days before the Senate Banking Committee sits down to mark up the Digital Asset Market Clarity Act, the American Bankers Association …
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Regulation
Senate Banking Committee schedules markup for crypto legislation on May 14
by shayaanby shayaanThe Senate Banking Committee has scheduled a markup of the Digital Asset Market Clarity Act for May 14, setting up the most …
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Markets
Crypto industry cheers Senate Clarity Act markup date as market structure push resumes
by shayaanby shayaanThe bill’s progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise. www.coindesk.com
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Days after the Senate Banking Committee released its draft language for the CLARITY Act, Ripple CEO Brad Garlinghouse delivered a blunt message …
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Markets
Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup
by shayaanby shayaanThe agreement necessitates firms restructure reward programs from a “buy and hold” to a “buy and use” model; however, CCI raised concerns …
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Regulation
US senator urges delay of CLARITY Act Senate markup until May: Report
by shayaanby shayaanA US senator has reportedly urged Senate Banking Chair Tim Scott to delay the markup for the crypto market structure bill until …
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Regulation
US Lawmakers Urged to Advance CLARITY Act as Digital Chamber Pushes Senate Markup
by shayaanby shayaanU.S. crypto legislation faces rising pressure as Senate leaders are urged to move market structure rules forward. The Digital Chamber argued further …