Browsing: Regulations

The Clarity Act could become the most important U.S. crypto law since Bitcoin was created. It would establish a federal market structure for an industry currently worth approximately $2.32 trillion.

The Digital Asset Market Clarity Act (CLARITY) does not contain a “dead by August 10” provision. Were it to fail passage before that date, no Bitcoin, Ethereum, stablecoin, or exchange would suddenly become illegal.

The CLARITY Act is the most important U.S. crypto market-structure proposal now moving through Congress, but it is not law yet. It has passed the House and advanced through the Senate Banking Committee. The full Senate vote, House-Senate reconciliation, and presidential signature still stand between the bill and real implementation.

XRP (CRYPTO:XRP) is designed to move money quickly, settling a paymemt in three to five seconds, not to be held onto during a payment. When a bank sends money across borders through Ripple’s system, it buys XRP, uses it to carry the value for a few seconds, and sells it on the other side. Nobody…

The president’s Truth Social nudge puts pressure on Democrats holding up a bill that could reshape how digital assets are regulated in the US

Ripple announced on July 14 that its CLARITY truck had returned to Washington, D.C., as the debate over U.S. cryptocurrency regulation entered a critical phase. The campaign renewed industry pressure on lawmakers as Senate Democrats challenged the bill’s ethics and consumer protection provisions. Their objections complicate the bipartisan support required for passage.

The past year should have been XRP’s (CRYPTO:XRP) big one. Ripple settled the five-year SEC lawsuit that had hung over the token since 2020, won conditional approval for a national trust bank charter, and grew its RLUSD stablecoin past $1.6 billion.

This week the Commodity Futures Trading Commission (CFTC) finalized a rule change for margin for uncleared swaps, which expands the range of money market funds (MMFs) that can be used as initial margin. MMFs were already eligible as collateral, provided they only invested in cash and government securities. However, the CFTC excluded MMFs that used…

The US crypto regulatory environment is at a critical juncture. Two Senate committees have approved market-structure frameworks, but a full Senate vote on the crypto bill is yet to happen. With the state work period set to begin on August 10, negotiations could have far-reaching implications for trading, custody, token issuance, and institutional demand for…

Canada continues to develop its digital asset regulatory framework with updates to the CSA guidance, crypto trading platform scrutiny, and a new federal framework for fiat-backed stablecoins.