Coinbase CPO Predicts CLARITY Act Full-Senate Vote Next Month
Coinbase’s Chief Policy Officer, Faryar Shirzad, said in a Thursday interview with FOX Business that meaningful progress is being made on the long-delayed CLARITY Act, the crypto market-structure bill that has been stuck in Congress for nearly five months. Potential Markup As Early As This Month During the interview, Shirzad described recent developments as encouraging. […]
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After months of setbacks, the long-awaited CLARITY Act appears to be approaching its final procedural hurdle in the Senate. The Banking Committee is expected to schedule the vote for May, bringing the bill closer to a full Senate vote. At the Bitcoin 2026 conference in Las Vegas on Tuesday, Patrick Witt, the White House’s top […]
Coinbase chief legal officer has suggested that negotiators in the Senate are “very close” to a deal on the CLARITY Act’s most contentious crypto issue. Coinbase: “Very Close To A Deal”, Despite Stablecoin Dispute It’s all about the stablecoins. Whether and how exchanges can pay yield on stablecoin balances continues to be the bone of […]
In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also serve as a board member until 2028. The United States Senate has confirmed the nomination of Jerome Powell as the chair of the board of governors of the Federal Reserve System until 2026.In an 80–19 landslide vote on the Senate floor on Thursday, U.S. lawmakers confirmed Powell as chair of the Federal Reserve, a position he held from February 2018 until February 2022, when he was named chair pro tempore until a confirmation vote could be secured. Powell....
California is getting closer to outright legalizing Bitcoin in the state with the proposed bill clearing a committee vote yesterday. Back in September of last year, California passed AB 786, a piece of legislation that makes it easier doing in-state business for Bitcoin startups. This time, a bill dubbed as AB-129 Lawful Money, which would legalize cryptocurrencies in the state, passed the Senate Banking and Financial Institutions Committee yesterday by a 7-1 vote. Previously, the bill was unanimously approved in the California Assembly by a 75 to 0 vote. The next step for the bill will be....
The CLARITY Act is moving into a tight, time-sensitive phase after the Senate Banking Committee released its draft on Friday. With the stablecoin compromise text now out in the open, attention is shifting to the long-awaited next step: a Senate Banking Committee markup. CLARITY Act Heads Toward Committee Action As Bitcoinist reported over the weekend, […]