Search results for Director of National Intelligence
Crypto
Clarity Act drifts as bitcoin braces for \'August curse\'
The U.S. CLARITY Act, a digital asset market structure bill, is headed to a Senate floor vote as lawmakers and the industry watch ahead of the Aug. 7 deadline. Forecast odds of passage have fallen on disagreements over stablecoin interest and ethics provisions. JPMorgan and Bernstein warned of downside risks if the bill stalls, while Coinbase sees better chances. In South Korea, stock-market losses coincided with a surge in won-to-tether trading.
Crypto
Former SEC chair Jay Clayton, who approved Ripple lawsuit, takes office as U.S. director of national intelligence
Jay Clayton (제이 클레이턴), former chairman of the U.S. Securities and Exchange Commission, has been formally sworn in as U.S. director of national intelligence, after winning Senate confirmation by 51 to 47. His appointment draws attention in the cryptocurrency industry because the SEC filed a lawsuit against Ripple Labs and its executives on his last day in office in December 2020. After leaving the SEC, Clayton joined advisory boards tied to digital asset investment and crypto infrastructure.
Crypto
Jay Clayton, known for launching XRP lawsuit, confirmed as U.S. director of national intelligence
Jay Clayton, a former U.S. Securities and Exchange Commission chairman known in the crypto industry for launching the SEC\'s XRP lawsuit against Ripple Labs, has been formally confirmed as director of national intelligence. The U.S. Senate approved his nomination 51-47. The vote followed a party-line pattern, with Republicans in support and Democrats opposed, and two senators not voting. Clayton faced criticism over limited intelligence experience but secured a majority.
