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Browsing: CLARITY
CLARITY Act Showdown: DeFi Rules Spark High-Stakes Senate Battle as Sheriffs and Crypto Industry Clash
The CLARITY Act has since gained momentum, and the Blockchain Association sent a letter to the National Sheriffs’ Association challenging their claim that legislators created a legal loophole for decentralized finance.
Former CFTC Chairman Chris Giancarlo on Sunday told The Wolf Of All Streets podcast that the CLARITY Act is not a lifeline for crypto, and that failure would simply separate the builders from the bystanders.
The SEC will write crypto market rules itself if Congress fails to pass the Clarity Act, chairman Paul Atkins said. The agency is “ready, willing, and able to come out with rules” covering the same ground, he told CNBC on Monday, and would “stand ready to provide that” should the bill not clear the Senate.
Galaxy Research cuts odds of passage to 30% as partisan tensions and competing priorities push the legislation into an increasingly narrow window
CLARITY Act Stalls Despite Trump’s Personal Intervention: What Happens to Crypto Regulation Now?
If you have seen headlines suggesting the President personally sat down with senators to get the CLARITY Act over the line, that reporting was accurate, and then the story moved on without it. Trump did intervene directly. He did approve the ethics language that had blocked the bill for months. And within roughly a week,…
The House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence held a field hearingin New York to examine the Clarity Act, which would replace regulatory enforcement with clear statutory rules for digital assets. The hearing on Friday, July 17, underscored industry consensus that ambiguity between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) has stalled innovation and driven capital offshore.
AI Stocks Went From A Few Trillion To $22 Trillion. Can The CLARITY Act Do The Same For Crypto?
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, is worth about $2.2 trillion. The implied conclusion: pass the CLARITY Act, and crypto re-rates the same way.
Three weeks. That is roughly what remains between today, July 24, and August 10, the date the Senate scatters for its state work period and the CLARITY Act’s window for 2026 passage effectively closes. The Digital Asset Market Clarity Act has already cleared the House, survived a contentious committee markup, and picked up a fresh…
As of 4.30 PM ET on July 22,Bitcoin (CRYPTO:BTC) fell 0.7% to $65,876.96, Ethereum (CRYPTO:ETH) gained 0.2% to $1,926.83, and Solana (CRYPTO:SOL) fell 0.1% to $77.83. Crypto markets were muted as traders weighed possible legislative progress against macro pressure and shifting sentiment.
The Clarity Act, aiming to establish a comprehensive federal framework for cryptocurrency regulation in the United States, is now set for a full Senate floor vote. Announced by Coinbase CEO Brian Armstrong, the development marks a notable advancement in the legislative process for the bill, which seeks to delineate the roles of the SEC and…
