Key Takeaways Senators urged the SEC to investigate possible fraud involving $TRUMP. Nearly one million investors reportedly lost $3.81 billion. Trump-affiliated entities received $636 million as the token fell about 98%. Senators Ask SEC to […]
Key Takeaways Lummis said U.S. crypto rules are “not working,” urging a Senate vote on CLARITY before August 8. Prediction markets put 2026 passage odds near 30%, down sharply from over 80% in February. The […]
Key Takeaways Democratic staff identified five alleged loopholes involving Trump’s existing crypto businesses, new ventures, memecoin revenue, personal investments, and enforcement. Republicans say the draft strengthens ethics rules while advancing broader crypto regulation. The dispute […]
A top crypto critic is pressing for more transparency on cryptocurrency profits tied to the White House as lawmakers weigh new market rules. Senator Elizabeth Warren’s request follows a disclosure showing President Trump earned roughly […]
Key Takeaways Senator Elizabeth Warren requested updated disclosures covering President Trump’s cryptocurrency earnings through the first half of 2026. Trump’s 2025 filing reported roughly $1.4 billion from crypto ventures, representing most of his disclosed income. […]
Key Takeaways Patrick Witt exits the White House July 18 for Army JAG training days before a July 20 CLARITY floor vote. Deputy Director Harry Jung inherits the talks plus Strategic Bitcoin Reserve and GENIUS […]
Key Takeaways Coinbase says CLARITY Act strengthens crypto oversight with tougher compliance and enforcement requirements. Senator Elizabeth Warren argues current bill language could create opportunities for sanctions evasion. Debate focuses on whether crypto regulation improves […]
Senator Cynthia Lummis dismissed Elizabeth Warren’s arguments, noting that the Clarity Act offers sixteen or more provisions to prevent illicit financial operations. The Clarity Act is still under debate in the Senate because there are […]
TLDR Warren said the CLARITY Act could weaken crypto illicit finance controls. Lummis said the CLARITY Act has more than 16 illicit finance safeguards. Section 201 applies BSA and AML rules to digital commodity firms. […]
Key Takeaways Senate Banking Chair Tim Scott and Majority Leader John Thune are pushing for a CLARITY Act vote in July 2026. The bill needs 60 votes; Republicans hold 53 seats, requiring at least seven […]
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