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Crypto

U.S. CLARITY Act stalls for a month as Senate talks lag

Public debate on the U.S. crypto market structure bill known as the CLARITY Act has shown no progress for a month, narrowing the window for passage before elections. CoinDesk reported the bill is unlikely to be handled within April and that Congress has limited time left. The industry is pressing for a Senate Banking Committee markup hearing, but timing, unresolved issues including stablecoin yield, and other congressional priorities may push the bill down the agenda.

Crypto

Trump targets banks at private event attended by Tyson, Tether CEO, backs crypto bill

U.S. President Donald Trump criticised banks for blocking cryptocurrency legislation at a closed-door event at his Mar-a-Lago club in Florida, CoinDesk reported. The gathering was held for hundreds of top holders of the meme coin Official Trump (TRUMP). Trump said he would not let the banking sector derail a digital asset market clarity and market structure bill. Attendees included Tether CEO Paolo Ardoino and others.

Crypto

More than 120 U.S. crypto groups urge Senate to take up Clarity Act

U.S. crypto industry groups are pressing the Senate to move quickly on legislation to clarify regulation of digital assets. More than 120 trade groups sent a joint letter to the Senate Banking Committee urging prompt action on a digital asset market structure bill that includes the Clarity Act. The groups said delayed rules risk harming global competitiveness and called for clearer jurisdiction between the SEC and the CFTC, along with changes covering stablecoins, developers and tax reporting.