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
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
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
The price of Bitcoin surged past $80, 000 on Monday, a move that coincided with new developments in U. S. legislation and market sentiment. A key figure, Senate Banking Committee chair Tim Scott, announced that the CLARITY Act is “in the red zone, ” indicating a need for urgent action. Scott plan
A private event at Trump’s Florida club over the weekend brought together crypto bigwigs and political figures, including the former president himself. The gathering wasn’t just about networking—it was a stage for Trump to defend his stance on crypto regulations. He made it clear that bank lobbyists
The plan to give crypto markets clear rules is stuck in a calendar crunch. Lawmakers won’t push it through before summer recess, but a May Senate hearing keeps hope alive—for now. Earlier deadlines have slipped as Republican Senator Thom Tillis works out kinks with bankers worried about ‘yield-like’
The Senate is pushing a bill that promises to give developers of decentralized finance tools the strongest legal protection yet. A senator explained that recent tweaks to the draft will make it a powerful safeguard for those who build non‑custodial software. The changes are still hidden from the pub
The Senate Banking Committee is asked to keep a bill that shields crypto builders from prosecution. A group that supports the blockchain industry sent a note to the committee, pushing for a law called the Blockchain Regulatory Certainty Act. The act was first drafted in 2018 and updated recent
Big names from banks and crypto companies are meeting at the White House. They want to fix a problem. Rules for crypto in the U. S. are stuck. The meeting is on February 2. It's about finding a way forward. The White House wants to help. They think they can make a deal. But talks have been tough. D
