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Crypto

U.S. Clarity Act may be last real chance this year; failure could push it to 2030

The U.S. Senate is moving to take up the Clarity Act, a cryptocurrency market-structure bill, but analysts warn failure to pass it this year could increase the chances it is redesigned in the new Congress in 2027 or effectively scrapped. A cloture vote is set for Sept. 15 and will require 60 votes, including some Democratic support. Lawmakers face a shrinking legislative calendar and uncertainty over control after November midterm elections.

Crypto

Ripple CEO says U.S. is close to finishing crypto rules, within reach of becoming global crypto capital

Ripple CEO Brad Garlinghouse said the United States is nearing the final stage of overhauling cryptocurrency regulation and could rise as a global crypto hub. He made the remarks on X after CFTC Chair Michael Selig referenced an Aug. 19 White House meeting with President Donald Trump and industry figures. Attention is turning to a Senate vote on the Clarity bill set for Sept. 15, though disagreements remain over several provisions.

Crypto

U.S. SEC, CFTC overhaul crypto rules; former officials warn of duplicative regulation

The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission are moving to refine rules on crypto derivatives and custody, while former senior officials have raised concerns. The agencies are working on definitions and jurisdictional boundaries for new products such as swaps and perpetual futures as a broader “Clarity” bill remains pending in Congress. The SEC has also begun revising custody rules and opened public comment on its “Reg Crypto” proposal.