Search results for Ruben Gallego
Crypto
Clarity bill stalls but 7 U.S. Democratic senators say bipartisan talks will continue
Seven Democratic senators who voted against a procedural motion on the Clarity bill in the U.S. Senate said they would continue bipartisan consultations to advance the legislation. They said the vote did not mean the end of crypto legislative discussions. Democrats cited insufficient safeguards to prevent officials from profiting from crypto businesses, making ethics provisions a key sticking point. Analysts said passage this year remains possible but time is tighter.
Crypto
Ripple CLO reaffirms XRP is not a security after U.S. Senate stalls Clarity Act
Ripple stressed that XRP’s legal status remains unchanged after the U.S. Senate failed to advance the crypto regulation bill known as the Clarity Act. Chief Legal Officer Stuart Alderoty cited a 2023 federal court ruling that XRP is not a security and said the SEC and CFTC in March jointly described XRP as a digital commodity. CEO Brad Garlinghouse called the result painful and said Ripple would focus next on rulemaking by regulators.
Crypto
Clarity Act falls 49-50 as Democrats oppose and Republicans defect; BTC, XRP and SHIB drop
A procedural vote in the U.S. Senate to advance H.R. 3633, the Clarity Act on cryptocurrency market structure, failed 49-50, falling well short of the 60 votes needed. The setback hit major tokens, with bitcoin down about 3.7 percent, XRP down more than 7 percent and shiba inu also weaker. Several Democrats who joined bipartisan talks voted no, and three Republicans also opposed moving forward.
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Crypto
U.S. Senate rejects Clarity bill, bitcoin falls 3 percent
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Crypto
U.S. Senate crypto CLARITY bill wobbles; odds of passage this year fall to 16 percent
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Crypto
U.S. Clarity Act final draft lifts bitcoin, ethereum, XRP
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Crypto
U.S. Senate Democrats hold emergency meeting ahead of Clarity Act vote, test of 60 votes
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Crypto
US crypto industry\'s \'Clarity Act\' faces risk of failing this year
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Crypto
Bitcoin jumps 23 percent in week, breaks above 200-day moving average for first time in 9 months
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Crypto
Trump speed push meets caution from U.S. senator over crypto Clarity Act
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Crypto
U.S. Democrats signal scrutiny of Trump\'s crypto business, adding uncertainty to Clarity bill
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Crypto
U.S. Clarity Act vote slips to September, White House crypto adviser blames Democrats
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Crypto
White House discusses bipartisan compromise on ethics rules as U.S. CLARITY bill faces late hurdle
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Crypto
Bernstein warns further crypto selloff if Clarity Act fails in U.S. Senate
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Crypto
U.S. CLARITY bill faces possible delay as Congress recess nears, vote uncertain
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Crypto
84 percent of U.S. Democratic voters view crypto less favorably than oil firms, poll shows, complicating CLARITY Act vote
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Crypto
Clarity bill missing from U.S. Senate schedule, Aug. 7 seen as pivotal
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Crypto
JPMorgan says Clarity Act stall could be headwind for crypto market