The exec said it was great to join the inaugural CFTC Innovation Advisory Committee shortly after the White House gathering. Ripple CEO Brad Garlinghouse spoke for the first time after attending a crypto meeting […]
Bitcoin, Ethereum, and XRP rallied after Trump’s crypto meeting, but the CLARITY Act still faces political disagreements in the Senate. President Donald Trump met with executives from Coinbase, Ripple, Gemini, and other major crypto […]
The White House is expected to convene an Aug. 19 meeting with crypto and prediction market CEOs as the CLARITY Act is stalled in the Senate. According to Polymarket traders, the odds of the bill […]
The delay in the approval of the CLARITY Act is now pushing traditional banks, which were once against crypto, to demand the approval. As of the latest update, Jane Fraser, CEO of Citigroup, recently backed […]
Key Takeaways Galaxy cut the CLARITY Act’s passage odds to 10% from 75%. A Senate cloture motion on the bill ripens at 2:15 p.m. Sept. 15. The SEC canceled a meeting on potential crypto offering […]
Key Takeaways The SEC votes Aug. 14 on new crypto fundraising rules for startups and other issuers. The Senate’s Clarity Act faces a 60-vote cloture test on Sept. 15 after stalling in August. CFTC Chair […]
Even if the SEC approves the proposal, final rules could take 12-18 months after comments, revisions and another agency vote. The U.S. Securities and Exchange Commission (SEC) said Monday it will hold an open […]
Key Takeaways The Sept. 15 vote is the first floor test for the CLARITY Act. Supporters need 60 votes to clear cloture on the motion to proceed. Debate, amendments, and a second cloture vote can […]
Key Takeaways Community banks lobbied the GOP against the CLARITY Act, fearing stablecoin rewards will drain deposits. Senators Hawley and Moran now oppose the bill unless amended, fracturing crucial Republican support. Coupled with unresolved ethics […]
Key Takeaways Mark Esper urged passing the CLARITY Act to extend financial controls and protect US sanctions power. Failing to pass CLARITY could allow China to set digital payment rules and erode US dollar dominance. […]
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