The clash between traditional banks and crypto firms has reached a turning point. For years, big banks resisted letting crypto into the financial mainstream, raising concerns about fraud, dirty money and stability. They argued crypto companies shouldn’t get the same access to banking benefits withou
The Senate Banking Committee gave the crypto sector a significant boost by approving the Clarity Act, marking the first major law aimed at regulating digital currencies. The vote split largely along party lines, with 15 Republicans and only nine Democrats in favor; Democrat Ruben Gallego of Arizona
A quiet meeting in Washington shows how cryptocurrency is changing the way taxes get written. Behind closed doors, tax experts from both sides of the aisle sat down with financial professionals to sketch out rules that could become law soon. Instead of fighting over every word, they swapped ideas on
The Digital Asset Market Clarity Act, known as Clarity, has reached a crossroads. The bill first won the House but is now stuck in the Senate Banking Committee, where debates over how stablecoins can earn rewards are heating up. Senators have submitted more than 130 amendments before the upcoming
The recent HarrisX survey shows most Americans want the U. S. to set clear rules for digital money, not let other countries decide first. A majority say the country should have already passed crypto laws and that clear federal rules are better than piecemeal enforcement. Because of this, the S
A major step forward for online safety laws happened when a top Republican senator spoke in favor of a bill that would hold social media companies accountable for harming young users. The senator, who leads a key committee, made the announcement during a gathering near the Capitol with parents who l
A possible deadline loomed over Consensus Miami this week: July 4 could mark the arrival of the Clarity Act, if lawmakers move fast enough. A White House adviser laid out a tight schedule—Senate meetings, House votes, and presidential approval—all within weeks. But timing isn’t the only issue; Senat
Pennsylvania lawmakers are debating bills that would stop pet shops from selling dogs and cats sourced from professional breeders. The idea is that this move will shut down puppy mills, but the evidence shows otherwise. When states like New York and California enacted similar bans, they ended up har
A new bill in Colorado wants businesses to stop using sneaky tricks to charge different prices to different customers. House Bill 1210 would block companies from using personal data to set personalized prices on everything from groceries to ride-shares. Last year, a similar bill aimed at stopping re
Ripple’s chief, Brad Garlinghouse, told a conference in Miami that the United States is close to making big moves on crypto law. He pointed out that two weeks in May—starting on the 11th and again on the 18th—could decide whether a full‑fledged federal crypto bill passes. If the Senate Banking Commi
