Scott Bessent just made the Trump administration’s position on a U.S. central bank digital currency crystal clear: no CBDC, and yes to bringing crypto business back onto American soil where regulators can see it, tax it, and stop pretending it doesn’t exist. CBDC is “off the table” CLARITY Act pushed as the fix for U.S. […]
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Scott Bessent is telling Congress to stop dragging its feet and give U.S. crypto rules some actual teeth. The Treasury Secretary says the CLARITY Act is the path to bringing digital assets back onshore, making the United States the “home” for crypto business, and ending the regulatory mess that has pushed too many firms offshore. […]
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President Trump is once again putting his thumb on the scale for crypto, publicly backing a “future-proof” US digital asset market structure as the Senate prepares to battle over the CLARITY Act. Trump backs a crypto market structure bill CLARITY Act would split SEC and CFTC responsibilities GENIUS Act already set federal stablecoin rules Critics […]
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Sen. Cynthia Lummis is warning that the crypto industry may be running out of runway in Washington: if the CLARITY Act doesn’t pass this Congress, American software developers could once again end up in the legal crosshairs for nothing more than publishing code. CLARITY Act pressure: pass it now or risk another cycle of crypto […]
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The CLARITY Act is one of the most serious attempts yet to stop U.S. crypto regulation from being a total legal dumpster fire. It would draw a hard line between digital commodities and digital securities, shift many tokens under CFTC oversight, protect much of DeFi, and block a retail CBDC. It is also still imperfect, […]
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Coinbase is publicly backing stablecoin regulation as the Senate’s CLARITY Act picks up steam, arguing that fully reserved payment stablecoins are far less dangerous than critics claim. In plain English: a properly designed digital dollar is not a rogue bank with a crypto costume on. Coinbase backs stablecoin regulation GENIUS Act framework: 1:1 reserves, no […]
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The CLARITY Act isn’t being slowed down by crypto skeptics so much as by banks trying to protect the old deposit machine from a stablecoin-shaped wrench. Bank lobby vs. stablecoin rewards GENIUS Act left a gap Yield-bearing stablecoins could reshape deposits Washington is fighting over who gets the spread The CLARITY Act cleared the Senate […]
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CFTC crypto oversight is under fresh scrutiny after a New York Times report said senior officials who raised concerns about prediction market firms were sidelined, investigated, and pushed out. The dispute reaches Polymarket, Crypto.com, and a Gemini affiliate, while a broader fight over prediction markets, crypto regulation, and federal versus state authority keeps getting messier. […]
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The Senate’s Memorial Day recess has pushed the Clarity Act into June, and Bitcoin is paying the price too, slipping below $75,000 as policy delays, ETF outflows, and geopolitical nerves keep crypto markets on edge. Clarity Act delayed by Senate calendar chaos July vote looks more likely than June SEC tokenization exemption won’t cover “synthetic” […]
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The Senate Banking Committee has moved a bipartisan crypto bill forward, taking a real swing at the mess of U.S. digital asset regulation and the long-running SEC vs. CFTC turf war. Senate Banking Committee advances the CLARITY Act Aims to split crypto oversight between the SEC and CFTC Some digital assets would be treated as […]
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