As discussions continue in the US Senate on the Clarity Act, a bill regulating the cryptocurrency market, more than 100 proposed amendments …
Senators
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Regulation
Senators convene for bipartisan crypto meeting ahead of Thursday vote
by shayaanby shayaanThe Senate Banking Committee is gearing up for a Thursday markup of the Digital Asset Market Clarity Act, a bill that promises …
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Regulation
U.S. senators lament failure to win bipartisan support, yet, on crypto Clarity Act
by shayaanby shayaanAs U.S. senators launched the long-awaited hearing called to advance the crypto market structure legislation, they granted that there was still a …
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Regulation
Banks Stay Tight-Lipped as Senators Reveal Proposed Clarity Act Stablecoin Deal
by shayaanby shayaanIn brief Senators unveiled a Clarity Act compromise on the subject of stablecoin rewards. The language would ban rewards on stablecoin deposits …
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Scams
Senators Warren, Wyden Quiz Commerce Secretary Lutnick Over Tether Loan to Children’s Trust
by shayaanby shayaanSenators Elizabeth Warren (D-MA) and Ron Wyden (D-OR) have written to Commerce Secretary Howard Lutnick and Tether CEO Paolo Ardoino, requesting information …
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Regulation
Senate Votes to Ban Senators and Staff From Using Prediction Markets
by shayaanby shayaanIn brief The U.S. Senate unanimously passed S. Res. 708, banning senators from trading on prediction markets. Republican Senator Bernie Moreno of …
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Two U.S. senators are asking some very uncomfortable questions. Senators Elizabeth Warren and Ron Wyden have formally demanded loan documents from Commerce …
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Markets
U.S. senators won't be weighing in on prediction markets bets after banning themselves
by shayaanby shayaanThe Senate agreed unanimously to revise its rules to ban members and their staffs from wagers on prediction markets platforms. www.coindesk.com
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Regulation
US Banks Are Calling Senators Directly to Kill the CLARITY Act’s Stablecoin Yield Rule
by shayaanby shayaanUS banking groups have escalated their campaign against the CLARITY Act by calling Senate offices directly, with the North Carolina Bankers Association …
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In brief Senator Thom Tillis said Monday the Senate might be able to release the text as early as this week. Banking …