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Crypto

U.S. CFTC vacancies stall CLARITY bill, raising fears of crypto regulatory gap

Prolonged vacancies at the U.S. Commodity Futures Trading Commission are disrupting progress on the CLARITY bill, which would give the agency authority over digital commodity spot markets. The White House and Senate Democrats are blaming each other for delays in filling posts. With only one commissioner in place, concerns are growing over oversight capacity and legal durability of new rules. Lawmakers warn the U.S. could fall behind other countries on digital asset rules.

Crypto

Clarity Act Senate vote nears as U.S. House lawmaker urges action in July

U.S. House Financial Services Committee Chairman French Hill urged the Senate to bring the digital asset market structure bill known as the Clarity Act to a vote in July. He said setting a deadline is needed to reach agreement before the summer recess. Debate in the Senate has lagged since the House passed the bill about a year ago. Critics cite ethics concerns tied to President Donald Trump’s crypto ventures.

Crypto

Bitcoin rebound hinges on U.S. Clarity bill with 4 weeks left in Senate window

The U.S. crypto market structure bill known as the Clarity bill faces a four-week window before Congress breaks for its August recess. The Senate returns on July 13 and must decide whether to act by Aug. 7, its last scheduled working day before the break. Key issues include a provision on money transmitter rules for developers and a separate ethics clause tied to Trump family crypto businesses.