Crypto-linked groups poured an estimated $176 million into U.S. midterm races, but political spending hasn’t cleared the Senate’s first hurdle for the CLARITY Act. A failed procedural vote stalled consideration—not final passage—and headline totals can obscure how much was actually spent.
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US Senate Funding Bill Passes: Shutdown Risks and Their Impact on Bitcoin and Crypto Regulation Late on a Friday night, the US Senate pulled off a 71-29 vote to pass a bipartisan funding bill, staving off a full federal government shutdown for now. But with the House not slated to weigh in until Monday, a […]
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US Senate Doodles Crypto Market Rules, But No Bill Emerges Amid Political Gridlock and Corporate Power Plays Washington has tossed out some rough sketches for cryptocurrency regulation with the US Senate Banking Committee’s Subcommittee on Digital Assets releasing a set of guiding ‘principles’ for market structure legislation. Yet, with no actual bill on the horizon […]
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Breaking: Major Stablecoin Bill Fails to Advance in US Senate The US Senate’s failure to push forward the GENIUS Act, a key piece of legislation aimed at regulating the stablecoin sector, marks a significant setback for cryptocurrency enthusiasts. The bill, which sought to provide regulatory clarity, did not secure the necessary 60 votes for cloture, […]
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US Senate Tackles Debanking: A Threat to Crypto and Free Enterprise The US Senate Committee on Banking, Housing, and Urban Affairs recently held a hearing titled “Investigating the Real Impacts of Debanking in America,” focusing on the alarming trend of financial institutions denying services to crypto businesses and individuals based on their political beliefs. This […]
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