Tagged: the clarity act

US Congress Ramps Up Push for CLARITY Act as Stablecoin Tensions Loom Large : Analysis

Elliptic indicated in a blog post that as part of an ongoing effort to further solidify the US’s position as a global enabler of web3 and digital assets, lawmakers and the White House are working urgently to advance the Digital Asset Market Clarity Act—widely known… Read More

Xin Yan of Sign Comments on CLARITY Act Delay Due to Loss of Support from Coinbase

The vote on the CLARITY Act, derailed by a last-minute loss of support from cryptocurrency exchange Coinbase (NASDAQ:COIN), had been forcing the government to reevaluate its crypto policy once again. Despite the delays, could this be a good thing? Xin Yan, Co-founder and CEO of Sign believes… Read More

White House Crypto Meeting Called Constructive

Today, the second Crypto powow at the White House took place, bringing together teams representing the digital asset sector and the establishment banking industry. The goal is to garner reconciliation between the two groups who remain in disagreement over several issues, perhaps most importantly, the… Read More

Web3 Thoughts of the Week: Tokenization, CLARITY Act, Precious Metals & More

Web3 had some interesting thoughts on the importance of the Saudis, tokenization, the CLARITY Act, cryptocurrency, and precious metals. Precious metals vs. Bitcoin “This morning, investors are reckoning with a new reality as gold hits $5,000 for the first time in history, while silver has… Read More

House Leadership Comments on Crypto Market Infrastructure Bill Approval by Senate Agriculture Committee

House Committee on Financial Services Chairman French Hill and House Committee on Agriculture Chairman Glenn “GT” Thompson have joined in welcoming the Senate Committee on Agriculture’s approval of crypto market legislation. The Digital Commodity Intermediaries Act advanced out of Committee earlier today. Representative Hill stated: “Last July,… Read More

The Longer the CLARITY Act is delayed, the Longer Uncertainty Prevails

The CLARITY Act, crypto market infrastructure legislation, imploded last week after Coinbase (NASDAQ:COIN)  announced it could not support the bill in its current form. Other insiders chimed in, and Senate Banking Committee leadership decided to hit the pause button, regroup, and try to modify the language to be more… Read More

Senate Banking Committee Still on Track for Markup on Crypto Infrastructure Legislation, Senate Agriculture Committee Happens End of Month

While there have been multiple reports regarding horse trading related to the crypto infrastructure legislation, at this moment, the Senate Banking Committee still has a markup hearing tomorrow, January 15th, at 10AM ET. Reports emerged yesterday of dozens of amendments to the bill as members… Read More

Senate Banking Committee Shares “Myth vs. Fact” on Crypto Infrastructure Bill, the CLARITY Act

The Senate Banking Committee, which will soon hold a markup hearing on the crypto infrastructure bill, has posted a “Myth vs. Fact” document sharing its perspective on the legislation, which aims to create a regulatory ecosystem to enable digital asset innovation. The Committee, controlled by… Read More

Crypto Infrastructure Legislation Expected to Go to Markup in January

Crypto market infrastructure legislation is expected to move to market next month. First reported by CryptoinAmerica, the Senate Banking Committee has selected January 15th as the date members will determine the language of the bill. The CLARITY Act was passed by the US House of… Read More

Chairman of the Senate Banking Committee, Senator Tim Scott, Says Crypto Market Legislation to Head to President’s Desk Early Next Year

Crypto market infrastructure legislation, known as the CLARITY Act, which has already been approved in the House, is expected to move to markup next month and head to the President’s desk to be signed into law early next year. Senator Tim Scott, Chairman of the… Read More

The Clarity Act: Senate Reveals Draft Legislation for Digital Asset Market Infrastructure Bill

While the CLARITY Act passed the US House of Representatives eons ago, the legislation has been parked in the Senate as policymakers hash out their version of the digital asset market infrastructure bill. Yesterday, the Senate Agriculture Committee posted a bipartisan “discussion draft” of the… Read More

Senate Democrats Aim to Upend DeFi, Crypto Industry Pushes Back Against Changes that Undermine Digital Asset Innovation

The US House of Representatives approved digital asset market infrastructure, the CLARITY Act, last July. Since then, the legislation has been stalled in the Senate as members hash out potential changes to the language of the bill, with Republicans distributing their draft and, more recently,… Read More

Industry Insiders Laud White House Digital Asset Report

Earlier this week, the White House issued a report on the President’s Working Group on Digital Asset Markets. David Sacks, the President’s crypto czar, said the report provides a “long-awaited regulatory clarity for innovators in a cutting-edge industry.” “President Trump is delivering on his promise… Read More

US Senators Submit Draft Digital Asset Legislation to Pair with the CLARITY Act

A group of Republican Senators has submitted a discussion draft for digital asset market structure legislation. This follows the signing into law of the GENIUS Act, stablecoin legislation, and the approval in the House of Representatives of the CLARITY Act, a similar market structure legislation…. Read More

Amina Bank CEO Comments on US Crypto Legislation: US Will Be the Global Standard

CI has received some commentary from the CEO of AMINA Bank regarding the recent crypto legislation that was approved in the US House of Representatives. The GENIUS Act, payment stablecoin legislation, is now law after being signed by President Donald Trump. The CLARITY Act, a… Read More

CEOs Nigel Green, Michael Carbonara, Weigh in on the GENIUS Act, Clarity Act

CEOs Michael Carbonara of Ibanera and Nigel Green of deVere Group weighed in on the GENIUS Act and the Clarity Act. “The GENIUS and Clarity Acts represent a long-overdue inflection point for digital finance in the United States. For years, innovation has outpaced regulation, forcing… Read More

Stocktwits, Amberdata, Douro Labs and More Comment on Crypto Legislation Passage in the House of Representatives

Yesterday, several bills were approved in the House of Representatives that should dramatically change the landscape for the digital asset sector. The GENIUS Act is legislation that provides federal rules for the issuance and usage of payment stablecoins. This bill will soon be signed into… Read More

The Anti-CBDC Surveillance State Act, the CLARITY Act Approved in the House

Three key acts of crypto legislation have been approved in the House of Representatives today. As was recently reported, the GENIUS Act, payment stablecoin legislation, was approved in the House and is now on its way to the President’s desk to be signed into law…. Read More

Resolution Holding Up Crypto Legislation Finally Approved in Late Night House Session

During a late-night session of the House of Representatives, HR 580 was approved by a majority of its members, thus allowing key crypto legislation to advance towards a floor vote. HR 580 is a procedural resolution that multiple Republicans were blocking. A vote earlier in… Read More

President Trump Meets with Republican Holdouts Voting Against Crypto Legislation, Says Approval is Now Assured

Yesterday, the House of Representatives stalled several cryptocurrency bills in a key procedural vote, causing the House to move to recess and regroup on the legislation. Three crypto bills are in the queue for approval in the House: the CLARITY Act (HR 3633), the GENIUS Act… Read More

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