Lawmakers easily approved the CLARITY Act, which aims to establish a clearer regulatory framework for cryptocurrencies and other digital assets. read more The US House of Representatives on Thursday passed three landmark cryptocurrency bills, fulfilling the Trump administration’s commitment to the once-controversial industry. Lawmakers easily approved the CLARITY Act, which aims to establish a clearer
TLDR: 65 crypto founders urged lawmakers to pass the CLARITY Act for regulatory reform. The bill outlines roles for the SEC and CFTC to ensure oversight and innovation. Delays in regulation could push blockchain talent and jobs overseas. U.S. crypto leadership is at risk without clear and coordinated rules. Over 65 crypto company leaders have
The crypto industry was one of the biggest spenders in the 2024 election cycle — and now it’s having quite the month on Capitol Hill. Last week the Senate passed a bipartisan bill called the GENIUS Act, which could lead to something called stablecoins being used by the likes of Bank of America and Amazon.