The National AI Initiative Act became law on 1 January 2021. Five years later, the companies at the centre of the AI trade are worth tens of trillions of dollars. The entire crypto market, meanwhile, […]
Galaxy Digital said the Senate has four working days to save the CLARITY Act, as it cut passage odds to 30%. In a July 24 note to clients, the crypto investment firm lowered its estimate […]
Key Takeaways The CLARITY Act confronts a narrow window before the Senate’s August recess. Ethics restrictions covering public officials remain the principal obstacle to bipartisan agreement. Failure in Congress prolongs regulatory uncertainty for crypto businesses, […]
The revised CLARITY Act is exposing unusual divisions across Wall Street, Washington and the crypto industry as lawmakers struggle to build support for a Senate vote. Senate Republicans this week released a new draft that […]
Key Takeaways Fidelity pressed the Senate to pass legislation establishing a federal regulatory framework for digital assets. The company oversees $7.1 trillion in managed assets, giving its intervention substantial weight across traditional finance. Stablecoin rewards, […]
Key Takeaways The 382,000-member Fraternal Order of Police now supports the revised CLARITY Act. Other law enforcement organizations have endorsed, opposed, or softened their positions. Seven Democratic senators said the latest Republican draft still falls […]
Key Takeaways Patrick McHenry has told media that CLARITY Act passage is a question of when, not if. The Senate Banking Committee advanced CLARITY 15-9 on May 14, but a floor vote remains undecided. Senate […]
The revised CLARITY Act has gained backing from both the National Fraternal Order of Police [FOP] and the National Cryptocurrency Association [NCA], with the two organizations endorsing the legislation for different reasons. The FOP said […]
TLDR Senators released a new 600-page CLARITY Act draft with updated ethics language. Galaxy Research cut 2026 passage odds to 30%, down from 50%. Democrats said the draft needs stronger ethics, consumer protection, and illicit […]
Key Takeaways Asset manager Charles Schwab called the CLARITY Act a much needed fundamental catalyst for the market. Senate Majority Leader John Thune says the bill will likely miss its pre-recess window. White House adviser […]
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