Search results for DeFi Education Fund
Crypto
WSJ says CLARITY bill could become new risk to financial system, urges last-minute changes
Concerns have emerged that the U.S. Senate’s proposed CLARITY bill, while improving regulatory clarity, could create new risks for the financial system. The Wall Street Journal editorial board said the bill could reduce uncertainty by more clearly dividing oversight between the SEC and CFTC. It urged changes to provisions affecting stablecoin rewards and exemptions from AML and KYC obligations for parts of decentralized networks. Industry figures rejected the criticism.
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.
