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Tag: Crypto regulation

Senate faces 60-vote Clarity Act test as banks and state AGs resist final draft

The Senate is scheduled to hold a cloture vote Tuesday afternoon on the motion to proceed to H.R. 3633, the Digital Asset Market Clarity Act, a step that requires 60 votes. Republicans released a final substitute they say includes 126 changes requested by Democrats, plus ethics limits President Donald Trump agreed to accept. A bipartisan group of 18 attorneys general and eight banking trade groups urged senators to reject or tighten the...

Crypto regulation, Cryptocurrencies, News, Regulation

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Senate Republicans Release Final Clarity Act Draft Ahead of Tuesday Cloture Vote

Senate Republicans released a 635-page final draft of the Digital Asset Market Clarity Act that they said includes 126 changes requested by Democrats. President Donald Trump agreed to expanded ethics restrictions covering federal officials, judges and their spouses. Cloture on the motion to proceed is scheduled for Tuesday at 2:15 p.m. ET and requires 60 votes. The draft gives the Treasury secretary circuit-breaker authority if payment...

Crypto regulation, Cryptocurrencies, News, Regulation

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Senate Republicans Release Revised Clarity Act Ahead of Sept. 15 Vote

Senate Republicans released a 630-page revised Digital Asset Market Clarity Act on Sept. 10 ahead of a Sept. 15 procedural vote that needs 60 votes to advance. The draft requires “decentralized-in-name-only” trading protocols controlled by a person or group to register with the CFTC and comply with the Bank Secrecy Act. Sen. Cynthia Lummis said the text incorporates more than 114 provisions requested by Democrats and limits DeFi language to...

Crypto regulation, Cryptocurrencies, News, Regulation

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Treasury Proposes Rules on Stablecoin Issuance and Sales Under GENIUS Act

U.S. Treasury issues NPRM implementing Section 3 of the GENIUS Act on payment stablecoin issuance and sales. Licensed issuers required starting January 18, 2027; platform restrictions begin July 18, 2028. Public comments due by October 19, 2026. Proposal aims to clarify definitions for regulatory certainty in the stablecoin market. The U.S. Department of the Treasury on August 17 issued a Notice of Proposed Rulemaking seeking public comment...

Crypto regulation, Cryptocurrencies, News, Regulation, Stablecoins

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Trump Expected at White House Meeting With Crypto and Prediction Market Executives

President Donald Trump is expected to attend a Wednesday White House meeting with crypto and prediction market executives. The session is scheduled for 2:30 p.m. ET at the Eisenhower Executive Office Building. Invitees include leaders from Coinbase, Ripple, Gemini, Robinhood, Polymarket, Kalshi and others; CFTC Chair Michael Selig is also expected. The gathering serves as a kickoff for the CFTC Innovation Advisory Committee’s first...

Crypto regulation, Cryptocurrencies, News, Regulation

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