Bessent ramps up pressure on Congress to pass CLARITY Act

In recent developments, uS Treasury Secretary Scott Bessent says the CLARITY Act is vital to set clear rules for crypto, tokenized assets and decentralized exchanges, and that US leadership is…

Coinbase CLO: Clarity Act Deal on Stablecoin Yield ‘Very Close’

In recent developments, the crypto exchange’s top lawyer dismissed banking industry concerns about deposit flight as lawmakers work to finalize stablecoin provisions. Looking closer, market participants highlight key drivers such…

Coinbase exec says Senate CLARITY compromise is close, but no markup date set

In recent developments, coinbase legal chief Paul Grewal says US lawmakers are nearing agreement on the CLARITY Act, with a Senate markup expected soon. Looking closer, market participants highlight key…

Lummis says CLARITY Act will deliver ‘strongest’ developer protections

In recent developments, crypto lawyer Jake Chervinsky said legislation covering crypto developer protections has been overshadowed by the intense focus on stablecoin yield in the CLARITY Act. Looking closer, market…

‘Lose Ground to MiCA’: Industry Expert Warns Against Further CLARITY Act …

In recent developments, representatives from the digital asset industry reportedly met with the Senate Banking Committee on March 23 to review a White House-backed compromise—led by Sens. Tillis and Alsobrooks—on…

Stablecoin Rewards Hit a Wall in Senate’s CLARITY Act Draft, Leaving Indust…

In recent developments, the latest Senate draft of the CLARITY Act draws a hard line: no yield for simply holding stablecoins, and the crypto industry isn’t exactly cheering. CLARITY Act…

Circle Stock Drops 20% as Clarity Act Yield Rules and Tether Audit Shakes Per…

In recent developments, circle’s stock took a sharp hit on Tuesday as regulatory pressure and a rival’s credibility push collided in real time. CRCL Faces Double Blow From U.S. Policy…

CLARITY Act gets deadlock breakthrough that also opens the door to more Bitco…

In recent developments, the average Bitcoin retail investor who recently discovered crypto might never have considered a stablecoin that pays yield on an idle balance. That fight, buried inside Senate…

Crypto finally got SEC clarity. Why didn’t the market care?

In recent developments, the SEC and CFTC just gave crypto its clearest and most straightforward regulatory guidance in years. Most crypto assets will no longer be treated as presumptive securities,…

Rumors emerge of a CLARITY Act deal between White House and lawmakers

In recent developments, the deal reportedly focuses on stablecoin yield and interest-bearing stable tokens, a major pain point for the banking industry. Looking closer, market participants highlight key drivers such…