Tag: Senate

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US CLARITY Act Unlikely to Pass Senate Banking Committee Before April: Senator John Thune

Senator John Thune said the crypto-focused CLARITY Act faces further delays due to unresolved disagreements between banks and stablecoin issuers.The long-awaited Crypto Clarity Act...

US Senate Leader doesn‘t Expect Market Structure to Pass before April

US Senator Majority Leader John Thune reportedly said he doesn’t expect the chamber to move forward with legislation to establish digital asset market structure...

Senate Includes CBDC Ban Amendment in Housing Affordability Bill

The United States Senate voted on Thursday to include an amendment in the 21st Century Road to Housing Act that would prohibit the Federal...

U.S. Senate votes to ban CBDCs in housing bill that may face trouble in the House

An initiative to ban the U.S. Federal Reserve from issuing a government-run digital dollar has been approved in an overwhelmingly bipartisan 89-10 vote in...

Senate Democrats push ban on prediction market bets tied to war and death

Sen. Adam Schiff (D-CA) has introduced proposed legislation that would ban prediction market contracts tied to terrorism, war, assassination, and death, directly challenging market...

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

In brief The Florida State Senate passed Senate Bill 314 unanimously on Friday, positioning Florida to join other states with local stablecoin regulations. Florida Governor Ron...

Binance Pushes Back on Senate Inquiry, Calls Allegations ‘False and Defamatory’ in Formal Response

Binance pushes back against U.S. scrutiny, outlining a sweeping compliance system, thousands of law-enforcement collaborations, and aggressive monitoring tools as it challenges allegations that...

Florida Senate Approves First Stablecoin Bill, Awaits DeSantis’ Signature

Florida lawmakers have approved a state-level framework regulating payment stablecoins, moving the legislation to Governor Ron DeSantis’ desk for final approval.In a Friday post...

Binance Slams US Senate Probe over Iran as Based on Defamatory Reports

Cryptocurrency exchange Binance has officially responded to a February inquiry launched by a group of 11 US senators, largely denying facilitating transactions to Iranian...

Crypto exchange Binance tells U.S. Senate probe no accounts sent crypto directly to Iran

Binance, via its lawyers, told a U.S. Senate investigation it found no evidence that accounts on its platform transacted directly with Iranian entities, refuting...

Trump Sends Pro-Bitcoin Fed Chair Nomination to the Senate

The US Senate will soon vote on Donald Trump’s nominee to head the US Federal Reserve after the president picked Kevin Warsh, who has...

US Senate Bill Seeks to Ban the Fed From Issuing a CBDC

An amendment has been proposed to the Federal Reserve Act to ban the US central bank from issuing a central bank digital currency (CBDC)...