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, […]
Pro-crypto Senator Cynthia Lummis and JPMorgan CEO Jamie Dimon have become key figures in the latest debate over the CLARITY Act as the bill advances in the Senate. Speaking to CNBC on Wednesday, Lummis directly addressed Dimon’s latest comments regarding the CLARITY Act and his criticism of Coinbase CEO Brian Armstrong. Lummis Pushes Back On […]
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 […]