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Crypto

Hollywood actor Ben McKenzie lobbies against Clarity Act, urges U.S. lawmakers to vote no

Hollywood actor Ben McKenzie has launched lobbying efforts against the Clarity Act, a key crypto market structure bill under discussion in the U.S. Congress, a blockchain outlet reported. He recently met U.S. senators in Washington to urge them to vote against the bill. Supporters say the legislation would clarify digital asset regulation, while McKenzie opposes it on consumer protection grounds. The move comes as debate continues over regulatory clarity versus stronger protections.

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

Coinbase legal chief to shift to advisory role as U.S. crypto regulatory response reshaped

Paul Grewal will step down as Coinbase chief legal officer at the end of this month and move into an advisory role, with the legal organisation to be reshaped. He said Molly Abraham and Ryan VanGrack will take on roles overseeing legal counsel and serving as vice chair. Grewal’s next move has not been detailed. The change comes as Coinbase remains engaged in U.S. crypto policy and legislation, including the Clarity bill.