Senator Defends CLARITY Act As Developer Protection Debate Heats Up
A crypto developer was convicted last year for running an unlicensed money-transmitting business. That case — and others like it — is now driving one of the sharpest disagreements in Washington over how the US plans to regulate decentralized finance. Related Reading: Bitcoin At Risk? Odds Tilt Toward Drop Below $66K This April The Conviction […]
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A man identifying himself only as “Red” allegedly ran the whole operation from somewhere far away — and police still don’t know who he is. Related Reading: Senator Defends CLARITY Act As Developer Protection Debate Heats Up Bitcoin Robbery Mastermind Still At Large That detail emerged during a March 17 court hearing in Maricopa County, […]
Coinbase’s top lawyer and a US senator traded fierce public claims this week, putting the exchange at the center of a fresh political fight over campaign donations and regulation. Related Reading: SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’ Allegations Of Political Payoff According to Senator Chris Murphy, Coinbase gave $46 million to support […]
US lawmakers and crypto leaders say a major bill could move fast. According to an on-site interview, Senator Bernie Moreno told reporters he hopes the US CLARITY Act will clear Congress by April. Related Reading: Crypto Lobby Group Sounds Alarm Over Senate’s Crypto Bill Threat The comment came during a recent gathering with members of […]
A U.S. Senator might unveil a “compromise draft” aimed at settling the crypto-stablecoin yield dispute in the forthcoming CLARITY Act. Another Update On The Crypto Legislation Republican U.S. Senator Thom Tillis (R-N.C.) claimed this Monday he aims to unveil a draft deal this week to break the stalemate over stablecoin yield between banks and crypto […]
A U.S. senator has asked the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to provide clear guidance on cryptocurrency regulation. The senator stated that in many enforcement actions, “the SEC did not identify the securities involved or the rationale for their status as securities, which would have provided much-needed public regulatory clarity.” US Senator Wants SEC to Provide Clear Guidance on Crypto Regulation Senator Pat Toomey, Ranking Member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, wrote a letter to SEC Chairman....