Search results for DeFi Education Fund
Crypto
U.S. Clarity bill talks stumble late over developer protection clause
Negotiations on the U.S. Senate’s Clarity digital asset regulation bill are facing late hurdles as an amendment on protecting cryptocurrency software developers triggers opposition from both the White House and the industry. Democrats offered compromises on regulator appointments and ethics provisions, but divisions persist over the scope of developer liability. The bill would create a new federal framework and grant broader enforcement powers to the SEC and CFTC, leaving negotiators needing to rework language.
Crypto
U.S. Republicans release revised CLARITY bill package as vote nears amid ethics provision dispute
U.S. Senate Republicans released a revised, consolidated version of the CLARITY bill to set a federal framework for digital asset market structure, as the crypto industry urges a floor vote before the summer recess. Democrats are strongly opposing ethics provisions and expanded Justice Department authority, seen as key obstacles to passage. With 60 votes required, Republicans need at least seven Democratic votes. The Senate is expected to recess in about two weeks.
Crypto
U.S. CLARITY Act nears Senate Banking Committee approval after Kennedy backs bill
The U.S. Senate’s crypto market-structure bill, the CLARITY Act, is nearing passage in the Senate Banking Committee after Senator John Kennedy, the last undecided Republican vote, decided to support it. The committee has 13 Republicans and 11 Democrats, and unanimous Republican backing has been seen as key. Republicans agreed after changes including a fiduciary duty provision for crypto industry participants and packaging with parts of the Build Now housing bill.
