English < Article List - DigitalToday

Search results for U.S. Senate Banking Committee

Crypto

Bernstein says Clarity Act progress may be coming, crypto market has yet to price it in

The cryptocurrency market has not yet reflected positive progress on the U.S. Clarity Act, Decrypt reported. Bernstein said a Republican amendment ahead of a Senate procedural vote could draw some Democratic support. The bill would set federal rules for digital assets and clarify the roles of the SEC and CFTC. Changes address ethics enforcement and stablecoin rewards, including a role for state attorneys general. Analysts and advisers remain split on passage odds.

Crypto

U.S. Senate banking chair says CLARITY bill could face vote before August recess

Tim Scott, chair of the U.S. Senate Banking Committee, said the CLARITY bill could be brought to a Senate vote before the August recess. He said the Senate should hold an initial vote before entering its next work period this week. Scott said Senate Republican leader John Thune could announce a schedule for a final vote in coming days. Democrats and banks have raised issues that still require coordination.

Crypto

U.S. Senate Republicans unveil Clarity Act revision banning federal officials from issuing tokens

U.S. Senate Republicans unveiled a revision to the digital asset market structure bill known as the Clarity Act that includes an ethics provision banning the president and all federal officials from issuing or sponsoring tokens until 2029. The draft also restricts crypto platforms from listing assets issued or backed by federal officials. Enforcement would be handled by the Justice Department. The bill’s Senate prospects remain uncertain and would require some Democratic support.