Tagged: legislation

June 30, 2026 @ 5:33 pm By JD Alois  |  

The Earned Wage Access Consumer Protection Act was approved in the House Financial Services Committee on a bipartisan vote of 29-22 following a markup hearing. HR 9330 lets workers to access money they have already earned before a typical pay period. Under the legislation, while… Read More

June 26, 2026 @ 10:25 am By JD Alois  |  

The CLARITY Act, crypto market infrastructure legislation, is a key component of ensuring the US is a leader in the digital asset race. The bill outlines who oversees what while incorporating important consumer-protection features. Unlike the prior administration, which sought to undermine digital asset development… Read More

June 24, 2026 @ 11:26 am By JD Alois  |  

The US Senate has sent the 21st Century ROAD to Housing Act  to the President’s desk to be signed into law. The legislation garnered significant bipartisan support, which seems rare in today’s fractured political environment. The Chairman of the Senate Banking Committee, Tim Scott, said… Read More

June 24, 2026 @ 2:37 am By Omar Faridi  |  

In Washington this week, Senators Pete Ricketts of Nebraska and Catherine Cortez Masto of Nevada advanced a bipartisan effort to better understand and potentially improve how smaller banks and credit unions work with financial technology companies. On June 18, 2026, the lawmakers introduced the Bank-Fintech… Read More

June 18, 2026 @ 5:48 pm By JD Alois  |  

Legislation aiming to halt any members of Congress or their immediate family from participating in prediction markets was introduced in the House of Representatives today. Representative Bryan Steil submitted the Stop Lawmakers from Predicting Act. There is already significant public criticism of legislators who trade… Read More

June 18, 2026 @ 9:10 am By JD Alois  |  

The 21st Century ROAD to Housing Act (HR 6644) earned solid bipartisan support in both the House and Senate, with both sides approving the bill, but language in the bill will impact central bank digital currency or CBDCs, which have made it through reconciliation. Overall, the legislation… Read More

June 15, 2026 @ 2:55 pm By JD Alois  |  

Last week, the House Ways and Means Committee introduced six bills targeting the digital asset sector. Ways and Means is the tax-writing committee in Congress and is thus very powerful. As the House remains under Republican control and is pro-innovation and supportive of digital asset… Read More

June 2, 2026 @ 3:58 pm By JD Alois  |  

Following approval in the Senate Banking Committee, everyone is waiting for the CLARITY Act (HR 3633)to advance to a full Senate vote. The legislation was approved in the House of Representatives in 2025 but stalled in the Senate for many months as behind-the-scenes negotiations saw… Read More

May 22, 2026 @ 3:40 pm By JD Alois  |  

Legislation designed to create a strategic Bitcoin reserve has been referred to the House Financial Services Committee as the concept makes its way from a talking point to law. President Donald Trump signed an Executive Order in the spring of 2025 that sought to create… Read More

May 19, 2026 @ 3:33 pm By JD Alois  |  

Last week, Poland’s lower house of parliament (Sejm) passed a government-backed bill called the Crypto-Asset Market Act. The legislation implements the European Union’s crypto laws, namely the Markets in Crypto Assets Regulation (MiCA). Under these rules, the Polish Financial Supervision Authority (KNF) is required to regulate and approve… Read More

May 19, 2026 @ 12:18 pm By Omar Faridi  |  

Cryptocurrency platforms Coinbase (NASDAQ:COIN), Kraken (operating under parent company Payward), and Gemini (NASDAQ:GEMI) have urged Senate lawmakers to eliminate a specific clause from a comprehensive digital asset market structure bill. The provision in question would have restricted trading platforms from offering certain tokens deemed potentially… Read More

May 16, 2026 @ 9:08 am By JD Alois  |  

On Thursday, the Senate Banking Committee held a markup hearing on the CLARITY Act, crypto market infrastructure legislation that was passed in the House in 2025 and sat in limbo in the Senate until this past week. The legislation aims to protect consumers while enabling… Read More

May 14, 2026 @ 9:28 am By JD Alois  |  

The CLARITY Act, in its present form, has largely been deemed acceptable by the crypto industry, yet amendments will certainly be submitted, some of which may undermine digital asset innovation. While the crypto industry lost the battle on passive yield for stablecoin holders, something that… Read More

May 12, 2026 @ 7:42 pm By JD Alois  |  

The North American Securities Administrators Association (NASAA) has sent a letter to the Senate Banking Committee urging members to vote against the CLARITY Act in its current form. NASAA is the lobbying group that represents all the US state securities regulators, as well as regulators… Read More

May 12, 2026 @ 5:16 pm By JD Alois  |  

Labor Unions have chosen to side with the anti-crypto team regarding the CLARITY Act. The legislation is scheduled for a markup hearing at the Senate Banking Committee this Thursday. It was recently reported that the Democrat ranking member on the Committee, Senator Elizabeth Warren, had… Read More

May 12, 2026 @ 10:36 am By JD Alois  |  

Below is the CLARITY Act, or the Digital Asset Market Clarity Act, crypto market infrastructure legislation that aims to propel the US financial system into the future. The House version of the legislation was approved last year. Meanwhile, the Senate version has struggled to gain… Read More

May 9, 2026 @ 12:42 pm By JD Alois  |  

After an extensive delay due to banking industry representatives who fear a decline in revenue if stablecoin holders earn yild on the holdings, the Digital Asset Market CLARITY Act of 2025 is now scheduled for a Senate Banking Committee hearing for this coming Thursday, May… Read More

May 5, 2026 @ 8:45 am By JD Alois  |  

The American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Financial Services Forum, and Independent Community Bankers of America issued a shared comment on the language regarding the compromise on stablecoin yield. This is the single biggest hurdle for the passage of the CLARITY Act, crypto… Read More

May 4, 2026 @ 9:31 am By JD Alois  |  

Coinbase (NASDAQ:COIN) will be a big beneficiary of the CLARITY Act, and with reports indicating the legislation will move to markup as soon as May 11, shares of the everything exchange are moving higher. As was recently reported, a deal has been agreed upon regarding stablecoin… Read More

May 1, 2026 @ 6:55 pm By JD Alois  |  

According to a report this afternoon, a compromise has been reached on the CLARITY Act and stablecoin yield. The CLARITY Act, or crypto market infrastructure legislation, has been held up by the banking industry, which fears competition from the digital asset sector. Banks worry that… Read More