Search results for Jay Clayton
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
Pro-XRP lawyer John Deaton says Ripple was beyond saving, 75,000 XRP holders changed the game
Support from 75,000 XRP holders is again drawing attention as a factor that helped Ripple executives endure a lawsuit with the U.S. Securities and Exchange Commission. John Deaton, a U.S. Senate candidate and crypto-focused lawyer, said many XRP holders played an important role in sustaining management during the case and criticised the SEC’s litigation strategy. He cited remarks by former SEC chair Jay Clayton and praised Ripple executives for not backing down during the protracted dispute.
Crypto
Jay Clayton, figure in XRP lawsuit, nominated for U.S. director of national intelligence
Jay Clayton (제이 클레이턴), the former U.S. Securities and Exchange Commission chairman who began an unregistered securities lawsuit against Ripple Labs over XRP, has been nominated as a candidate to lead the U.S. Director of National Intelligence. The nomination comes after opposition in Congress to a prior pick. Clayton is serving as Manhattan U.S. attorney and is reported to have been recommended by CIA Director John Ratcliffe.