Tag: Act

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The GENIUS Act turns 1: State of Crypto

A year on, the rules aren't quite ready for implementation, but we have a much clearer idea as to how the regulators are thinking...

US Agencies Miss GENIUS Act Deadline for Final Stablecoin Rules

US regulatory agencies missed Saturday’s rulemaking deadline under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, one year after the law...

Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on

The lack of an ethics provision remains one of the biggest sticking points. Sen. Ruben Gallego (D-Ariz.), one of two Democrats who voted to...

The Clarity Act is the most important consumer protection effort in years

As a former financial regulator, I understand that no law can prevent every market failure or stop every bad actor. Fraud exists in every...

Trump to Meet Senators on CLARITY Act push

US President Donald Trump is set to meet with several senators at the White House on Thursday to discuss progress on the crypto market...

Three US Senators Oppose CLARITY Act on Ethics Grounds with Vote Expected Soon

The US Senate is expected to vote soon on a comprehensive bill to establish market structure rules for digital assets, backed by Republican lawmakers,...

Some U.S. Senate Democrats come out against Clarity Act, calling it a ‘corrupt’ bill

The Clarity Act will need to be sold to a large number of Democrats in the coming days, if it's going to advance from...

The Clarity Act isn’t a ticket to sanctions evasion, actually

Ironically, some critics of the bill have pointed to recent reporting by the Wall Street Journal on the Hong Kong exchange CoinEx as evidence...

ABA, Banking Associations Push Back Against CLARITY Act Yield Provisions

A wide swath of the US banking industry is urging Senate leaders to amend the stablecoin yield provisions of the Digital Asset Market...

White House Crypto Adviser To Take Leave of Absence as CLARITY Act deadline looms

Patrick Witt, the White House’s pointman on the Digital Asset Market Clarity Act, is taking a leave of absence at the end of July...

US Federal Officers’ Group Backs CLARITY Act

The Digital Asset Market Clarity Act has secured its second public endorsement from a major US law enforcement organization, coming just weeks before what...

Trump’s crypto riches loom over Clarity Act talks to ban conflicts for U.S. officials

On Monday, several Senate Democrats announced that they'd hold a press conference this week to state their opposition to Clarity and what they said...