Challenges In Stablecoin Law Stalls Senate’s Progress On New Crypto Bill – Re...
According to a recent report by Roll Call, US Senator Cynthia Lummis, an advocate for digital assets in Congress, is delaying the upcoming crypto market structure bill as the Senator is reluctant to revisit a provision from the recently passed GENIUS Act, which prohibits stablecoin issuers from offering interest payments. Lawmakers Split Over Crypto Interest […]
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The largest US federation of trade unions has asked US Senators to reject the Senate’s version of the crypto market structure bill due to serious concerns and a lack of proper safeguards for workers. Related Reading: Bank Of England Eyes Exemptions To Controversial Stablecoin Cap Proposal – Details Senate’s Crypto Bill Faces Backlash On Tuesday, […]
US President Donald Trump has thrown his weight behind the Senate’s stablecoin bill, calling it “pure GENIUS” and urging the House to pass it “lightning fast.” Related Reading: E‑Commerce Meets Crypto: China’s Digital Marketplace Eyes Stablecoin For Faster Payments According to his Truth Social post, the Senate “just passed an incredible Bill” that will make […]
Negotiations over the CLARITY Act — the Senate’s long‑anticipated crypto market‑structure bill — appear to be nearing a conclusion, but key details remain under wraps, and no official date has been set for a Senate Banking Committee markup. Industry sources and reporters tracking the talks say progress has been significant, yet the bill’s final language […]
After intensive talks aimed at resolving one of the CLARITY Act’s thorniest provisions, stablecoin rewards, Republican senators emerged from a closed-door meeting Thursday with cautious optimism about the stalled crypto market-structure bill. The gathering, which drew pro-crypto Senator Cynthia Lummis and other Republican members, produced comments suggesting negotiators may finally be finding a workable path […]
Silicon Valley investors including Ashton Kutcher have come out in opposition to New York’s part ratification of a bill banning peer-to-peer (P2P) accommodation site Airbnb. Airbnb ‘Dangerous’. The bill, which was passed by Senate and now goes before Governor Andrew Cuomo, bans the advertising of entire apartments, which politicians say is “dangerous.”....