Search results for John Boozman
Crypto
U.S. Clarity Act vote and Fed rate decision loom as big events; XRP leads crypto gains
Cryptocurrencies rose ahead of a U.S. Senate vote on a crypto market structure bill and the Federal Reserve’s interest rate decision, with XRP leading gains among major tokens. Investors are focusing on a cloture vote on H.R. 3633 on Sept. 15 and the FOMC meeting on Sept. 16. Prediction markets reflected higher odds of the bill being signed in 2026 and of a 0.25 percentage point Fed hike.
Crypto
U.S. Senate Republicans revise Clarity bill to bar officials from issuing or holding crypto
U.S. Senate Republicans released a final revised version of the Clarity bill to win Democratic support for a crypto market-structure measure. The 635-page text includes ethics rules accepted by President Donald Trump, protections for blockchain developers and changes to stablecoin reward provisions. It would bar federal officials from issuing, sponsoring or holding significant financial interests in digital assets and allow enforcement by state attorneys general. Violations could draw civil penalties up to $500,000.
Crypto
U.S. Senate Banking chair seeks to pass Clarity Act, hopes for clearer rules
U.S. Senate Banking Committee Chairman Tim Scott (팀 스콧) publicly voiced support for pushing through the Clarity Act, a bill setting a regulatory framework for the U.S. cryptocurrency market. The remarks followed Senator Cynthia Lummis releasing a revised draft. The proposal, developed jointly by the Senate Banking and Agriculture committees, outlines a shared regulatory structure for crypto and digital commodities in the United States.
