Market Pullback Accelerates After Senate Postpones Long-Awaited Crypto Framew...
The market entered a sharper pullback this week after the Senate confirmed that a long-anticipated crypto structure legislation will not advance before the end of the year. Related Reading: Crypto Market Structure Bill Stalled: Senate Banking Committee Pushes Markup To Early 2026 What many investors had hoped would be a closing act for regulatory clarity […]
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After months of negotiations involving the crypto industry, the banking sector, and lawmakers who had been publicly calling for changes, the long-awaited CLARITY Act has cleared a major step toward becoming law. The measure advanced with support across party lines in the Senate Banking Committee, winning the last pre–full Senate vote hurdle ahead of the […]
Brian Armstrong, CEO of Coinbase, has criticized Senate Democrats’ controversial proposal to regulate the DeFi sector, which has reportedly stalled bipartisan talks on the long-awaited crypto market structure legislation. Related Reading: BNB Smart Chain (BSC) Hits Record 5 Trillion Daily Gas Usage As Network Activity Surges Coinbase CEO Slams Democrats’ Proposal In a Friday X […]
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 […]
Due to growing political tension and ongoing talks between the banking and cryptocurrency industries, TD Cowen has drastically lowered its estimate of the likelihood that the long-awaited CLARITY Act, the proposed US crypto market-structure bill, will become law this year. The investment bank’s managing director, Jaret Seiberg, now places the probability of Senate passage and […]
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, […]