Browsing: CLARITY

The CLARITY Act has remained stalled in the U.S. Senate after a 49-50 procedural defeat, with Sen. Cynthia Lummis blaming Democratic opposition on politics surrounding President Donald Trump while Democratic negotiators say unresolved ethics rules prevented an agreement. Senate cloture on the CLARITY Act failed 49-50, leaving the crypto market structure bill stalled. Every voting…

Seven Senate Democrats have reopened negotiations over the CLARITY Act after the chamber rejected cloture in a 49-50 vote, leaving the crypto market structure bill 11 votes short of the 60 required to begin debate. Seven Democrats who opposed cloture said the CLARITY Act effort is “not the end.” Coinme’s Neil Bergquist said federal market…

The CLARITY Act changed again this week, just five days ahead of a crucial Senate procedural vote on September 10. The new 630-page draft includes updated rules for crypto protocols that describe themselves as decentralized but continue to be controlled by a company, founder, or coordinated group. Those platforms may be forced to register with…

Senate Republicans have introduced a new 630-page version of the CLARITY Act, a significant crypto regulation bill affecting Bitcoin, XRP, and Ethereum. The updated bill clarifies distinctions between decentralized and non-decentralized finance protocols and maintains protections for software developers. However, it remains a Republican proposal without bipartisan support, facing skepticism from Democrats over unresolved ethics…