Search results for Major County Sheriffs of America
Crypto
U.S. CFTC chair urges Congress to pass CLARITY Act
Michael Selig, a commissioner at the U.S. Commodity Futures Trading Commission, urged Congress to quickly pass the CLARITY Act, a crypto market structure bill. He warned that further delays could leave regulators setting rules agency by agency without a comprehensive federal framework. Negotiations in the Senate are in the final stage, with debates continuing over ethics provisions tied to Donald Trump’s family crypto business, DeFi regulation, illicit finance measures and developer protections, including Section 604 and the BRCA.
Crypto
U.S. Clarity Act fate pushed to Aug. 6 as Trump memecoin ethics fight continues
The U.S. Senate vote on the Clarity Act, a crypto market structure bill, has been pushed to Aug. 6 local time. Opposition from law enforcement has eased, with NOBLE backing the bill and MCSA shifting to a neutral stance. Disagreement over ethics provisions persists, after President Donald Trump’s financial disclosure listed more than $1 billion in crypto-related income, including over $600 million from the TRUMP memecoin.
Crypto
U.S. Clarity Act approval odds rebound to 55 percent, August recess seen as key test
Prospects for passage of the U.S. Clarity Act, a key crypto bill, are rising again, with prediction market Polymarket putting approval odds at 55 percent, up from below 40 percent days earlier. The shift follows NOBLE’s support and the Major County Sheriffs of America moving to a neutral stance. The bill has not reached a Senate floor vote, with disputes and competing priorities contributing to delays.