FOP Targets Key CLARITY Act Provision, Warning It Could Weaken Crypto Enforce...
The National Fraternal Order of Police (FOP), the largest law enforcement organization in the United States, has weighed in on the CLARITY Act, sending a letter to lawmakers that argues against a specific part of the bill. In the correspondence—signed by FOP President Patrick Yoes—the group says it strongly opposes Section 604, a provision that, […]
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Three of the United States’ largest crypto exchanges—Coinbase, Kraken, and Gemini—are pushing lawmakers to make a significant change to the anticipated CLARITY Act, the long-awaited framework for the crypto market that has been delayed for months in Congress. According to a Friday report by POLITICO, the companies have urged lawmakers to scrap one key provision […]
Grayscale’s Head of Research, Zach Pandl, has stated that crypto assets like XRP could see a repricing once the CLARITY Act provides regulatory clarity. The analyst indicated that the altcoin could be among the tokens that benefit the most, especially if it becomes less inflationary. Pundit Agrees XRP Could See Repricing With CLARITY Act In […]
Ten members of the U.S. House of Representatives have called on House Speaker Nancy Pelosi to address the problem with the crypto provision in the infrastructure law. They explained that the current definition of a broker in the law “would increase uncertainty in the cryptocurrency industry, pick winners and losers … all while eroding our country’s competitive edge against other countries in the digital asset marketplace.” 10 Lawmakers Urge House Speaker Pelosi to Address the Crypto Provision in Infrastructure Law Ten members of the U.S. House of Representatives....
XRP pundit X Finance Bull has provided key updates about the CLARITY Act that investors should be aware of. The pundit had earlier highlighted how key the crypto bill is for XRP, predicting that it could lead to massive growth for the token. XRP Pundit Gives Key Updates On CLARITY Act In an X post, […]
Speaking before the House Financial Services Committee on Wednesday, US Securities and Exchange Commission (SEC) Chair Paul Atkins outlined plans to develop formal guidance on token classification, aligning the agency with the anticipated crypto market structure legislation known as the CLARITY Act. Aiming For Lasting Crypto Clarity Atkins told lawmakers that regulatory certainty for digital […]