In an interview with Politico, Coinbase CEO Brian Armstrong pushed back on JPMorgan Chase chief Jamie Dimon’s criticism of the CLARITY Act. At the same time, the bank’s analysts said that the odds of the bill clearing Congress and reaching President Trump’s desk this year are becoming increasingly slim. CLARITY Act Would Be ‘Good For […]
Pro-crypto Senator Cynthia Lummis and JPMorgan CEO Jamie Dimon have become key figures in the latest debate over the CLARITY Act as the bill advances in the Senate. Speaking to CNBC on Wednesday, Lummis directly addressed Dimon’s latest comments regarding the CLARITY Act and his criticism of Coinbase CEO Brian Armstrong. Lummis Pushes Back On […]
After a persistent bearish performance, Ethereum’s price is now hovering below the $2,000 mark, raising questions about its stability. ETH may be struggling with volatility, but its short-term outlook appears to be quite bullish as the altcoin mirrors a historical pattern that presents an impending rebound. ETH’s Price And Investors’ Current Behavior Ethereum is once […]
XRP, Solana (SOL), and Cardano (ADA) are among the few cryptocurrencies that analysts believe could be significantly impacted by the upcoming CLARITY Act crypto bill. Recent updates show that the bill is still moving through the approval process, with a Senate vote expected this June. If the legislation is passed, it could mark a major […]
Four working weeks. That’s all the time left in June for the US Senate to move on the CLARITY Act before lawmakers head into recess — and the crypto industry is watching the clock. Related Reading: $1.88M Wiped Out As Sui Blockchain Suffers Third Outage Before Recovery A Crowded Legislative Calendar Senate Majority Leader John […]
Prediction markets put the odds of the Digital Asset Market Clarity Act becoming law this year at 59%, down from a high of 68% following a Senate committee vote earlier this month. That slide reflects growing uncertainty around a bill the crypto industry had hoped would clear Congress before year’s end. Related Reading: Corporate Ethereum […]
Senator Cynthia Lummis issued a fresh warning on Wednesday about the timing and urgency of the long-awaited CLARITY Act, a bill intended to lay out a clearer regulatory framework for the crypto industry. In her comments, the pro-crypto lawmaker focused on what she described as the real-world risk to software developers if the legislation does […]
Bipartisan support remains the main obstacle standing between the CLARITY Act and becoming law. That was the assessment from asset management firm Grayscale on Friday, even as the company said it believes the bill has a strong chance of passing. Republicans hold 53 Senate seats, meaning at least seven Democrats would need to cross the […]
Crypto exchange Coinbase (COIN) made a major move for the Hyperliquid (HYPE) ecosystem on Thursday, outlining how it plans to deepen support for Circle’s USDC stablecoin on the platform. In a blog post, Coinbase said it is expanding its role by becoming the official treasury deployer of USDC on Hyperliquid, treating USDC as an Aligned […]