Coinbase CEO Denies Rift With White House Over Crypto Market Bill – Details
Coinbase CEO Brian Armstrong has denied existing tension between the exchange and the White House over the content of the crypto market structure bill, i.e., the Digital Asset Market Clarity Act. This development follows a series of contentious moments surrounding the highly anticipated crypto market structure bill, beginning with Armstrong raising concerns over its provisions, […]
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Negotiations over the long-debated crypto market structure bill, known as the CLARITY Act, appear to be moving forward after a third round of talks at the White House on Thursday, even though a final agreement has yet to be reached. White House Takes Lead In Crypto Talks Patrick Witt, executive director of the President’s Council […]
The White House has endorsed an amendment to the $1 trillion Infrastructure bill that supports proof-of-work over all other consensus mechanisms. However, the crypto community is supporting a different amendment. White House Takes Stance on Infrastructure Bill’s Crypto Tax Amendment The White House has endorsed an amendment to the Infrastructure bill sponsored by Senators Mark Warner, Rob Portman, and Kyrsten Sinema who drafted the original tax provision. This amendment competes with another introduced a day prior that has gained much support from the crypto community. It was....
According to David Sacks, the White House’s artificial intelligence (AI) and crypto Czar, the long-awaited crypto market structure bill, the CLARITY Act, which aims to define how regulatory bodies will oversee cryptocurrency markets, is reportedly closer to passing. Markups For Crypto Market Structure Bill Set For January In a recent post on the social media […]
The White House reportedly took the lead during the latest Crypto Council meeting, narrowing the stablecoin rewards dispute that has delayed progress in the long-awaited crypto market structure bill. Related Reading: Change Of Heart? Hacker Returns $21M Stolen Bitcoin To South Korean Prosecutors White House Steps In On CLARITY Act Dispute On Thursday, the White […]
A White House meeting aimed at breaking the logjam over stablecoin rewards under pending crypto market structure legislation aka Clarity Act ended without a compromise, even as both banking and crypto participants described the session as “productive,” according to details shared by Crypto In America reporter Eleanor Terrett citing sources in the room. The follow-up […]