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 […]
The Blockchain Association, one of the industry’s biggest advocacy groups, urged Senate leadership to move forward on the long-awaited CLARITY Act in a letter sent Tuesday to Senate Majority Leader John Thune and Senate Democratic Leader Chuck Schumer, signed by 160 former national security, intelligence, and law enforcement professionals. The signatories contend that without a […]
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 […]