FOP Targets Key CLARITY Act Provision, Warning It Could Weaken Crypto Enforcement

The National Fraternal Order of Police (FOP), the largest law enforcement organization in the United States, has weighed in on the CLARITY Act, sending a letter to lawmakers that argues against a specific part of the bill.  In the correspondence—signed by FOP President Patrick Yoes—the group says it strongly opposes Section 604, a provision that, […]

CLARITY Act Heads To Key Markup—Latest Details And What To Know Before May 14

The long-awaited CLARITY Act is nearing a major turning point in Washington, with the Senate Banking Committee scheduled to hold its long-delayed markup on Thursday, May 14.  The bill’s path has already included significant setbacks. After major disputes emerged earlier in the year—when the committee first postponed action—the markup was pushed back following extended battles […]

July 4 Target Set For CLARITY Act: Last Markup This Month, Floor Vote In June

The long-awaited CLARITY Act is moving closer to a final breakthrough, and senior administration officials say there is still a workable path to passage—potentially on a very specific date.  Speaking at CoinDesk’s Consensus conference in Miami on Wednesday, Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, laid out a timeline […]

Coinbase CPO Predicts CLARITY Act Full-Senate Vote Next Month

Coinbase’s Chief Policy Officer, Faryar Shirzad, said in a Thursday interview with FOX Business that meaningful progress is being made on the long-delayed CLARITY Act, the crypto market-structure bill that has been stuck in Congress for nearly five months.  Potential Markup As Early As This Month During the interview, Shirzad described recent developments as encouraging. […]

Upcoming Crypto Market Structure Bill Draft Teased, Coinbase Readies Counterproposal

Congressional sources told Eleanor Terrett of Crypto In America on Friday that the Senate Banking Committee is poised to release its long‑awaited draft of the crypto market structure bill (CLARITY Act) as soon as next week.  The disclosure comes amid growing industry pushback from the industry, including fresh opposition from crypto exchange Coinbase over recent […]

Crypto Vs. Banks: Key CLARITY Act Meetings This Week And What They Could Decide

Negotiations over the CLARITY Act — the Senate’s long‑anticipated crypto market‑structure bill — appear to be nearing a conclusion, but key details remain under wraps, and no official date has been set for a Senate Banking Committee markup.  Industry sources and reporters tracking the talks say progress has been significant, yet the bill’s final language […]

What’s Next For The Crypto Market Structure Bill? Key Dates And Turning Points Ahead

The future of the CLARITY Act — widely referred to as the crypto market structure bill — remains uncertain after the March 1 deadline set by the White House passed without the expected breakthrough between the banking industry and crypto representatives.  Key Hurdle In Crypto Bill Negotiations Despite concerns that talks may be stalling, reporting […]

DeFi Education Fund Urges Senators To Reject Proposed Amendments In Crypto Bill Markup

As the Senate Banking Committee prepares to mark up the newly proposed draft of the crypto market structure bill, the DeFi Education Fund has released a list of amendments it strongly urges senators to oppose.  In a recent post on social media platform X (formerly Twitter), the organization expressed concerns that the descriptions of the […]

US Senate Prepares For Crypto Market Structure Bill Markup This Week — Here’s What to Expect

After months of intense negotiations involving both political parties, as well as representatives from the crypto industry and traditional banking sectors, the long-awaited week for the crypto market structure bill, known as the CLARITY Act, has arrived.  Crypto journalist Eleanor Terret reported on Monday that ongoing disputes within the industry, partisan disagreements over crucial details, […]

CLARITY Act: Senate Banking Committee Sets Mark-Up Date – Details

In an exciting development, the US Senate Committee on Banking, Housing, and Urban Affairs has set a markup date for the CLARITY Act, representing a significant advancement in the creation of a federal regulatory framework for cryptocurrency use and operations in the United States. Related Reading: Ripple Gains UK Regulatory Approval Ahead Of FCA’s New […]