The post CLARITY Act News Update: U.S. Senate Delays Crypto Bill Vote Until September appeared first on Coinpedia Fintech News

The U.S. Senate has officially delayed the CLARITY Act vote until September after senators failed to reach an agreement before the August recess. While the crypto market structure legislation still has bipartisan backing, several unresolved issues prevented Senate leaders from moving it forward this week. Why Was the Vote Delayed? According to Politico, senators remained …

The post CLARITY Act Could Have Reduced FTX Risks, Says a16z Crypto Executive appeared first on Coinpedia Fintech News

On a16z crypto podcast, the CLARITY Act debate circled back to one big uncomfortable question that ‘could clearer rules have made another FTX-style collapse less likely?’ As per comments from the August 1st podcast, the answer was mostly ‘yes’ at least when it comes to oversights, audits, and accountability for crypto exchanges. The discussion resurfaced …

The post CLARITY Act Runs Out of Time, Will Congress Extend The Recess? appeared first on Coinpedia Fintech News

Clarity Act has just two working days left before the August recess starts. Senate Majority Leader John Thune did not file the required cloture motion, putting the bill at risk. Meanwhile, Republican Sen. Josh Hawley has become the first GOP senator to oppose the bill over banking concerns. Despite this, some senator belive that a …

The post CLARITY Act Stuck in Senate: Three Possible Outcomes Before August Recess appeared first on Coinpedia Fintech News

The crypto market structure bill, known as the CLARITY Act, is running out of time to secure a Senate vote. With only two days remaining before Congress begins its August recess, there are now three possible scenarios for the bill’s future.  Meanwhile, as the chances of a Senate vote continue to fade, the SEC says …

The post Blockchain Association Urges Senate to Ignore ‘Misleading’ CLARITY Act Claims appeared first on Coinpedia Fintech News

The fight to make the CLARITY Act a law is heating up in Washington. Just days before Congress begins its summer recess, the Blockchain Association has sent a new letter to Senate leaders defending the crypto bill after a national law enforcement group warned it could weaken efforts to fight financial crime. Why Is the …

The post CLARITY Act Update: White House Silence Clouds Senate Vote appeared first on Coinpedia Fintech News

The CLARITY Act has entered another crucial phase after the White House reportedly failed to respond to a bipartisan ethics proposal submitted by Senators Thom Tillis and Ruben Gallego. With the Senate expected to begin its August recess soon, the lack of progress has narrowed the bill’s path forward and increased uncertainty over its future. …

The post CLARITY Act Countdown: Senate’s Agenda Skips Bill, Giancarlo Issues Warning  appeared first on Coinpedia Fintech News

The U.S. Senate has entered a critical week for the Digital Asset Market CLARITY Act, with just days left before lawmakers break for the August recess. While crypto advocates continue pushing for the bill, former CFTC Chairman Chris Giancarlo has urged the industry not to treat the legislation as an all-or-nothing moment. He argued that …

The post Strategy Backs Market Structure Bill After Reporting $8.22B Quarterly Loss appeared first on Coinpedia Fintech News

Strategy, formerly known as MicroStrategy, endured a bruising second quarter, yet the company wasted little time shifting attention back to crypto policy. One day after reporting earnings on July 30, the company backed the market structure bill, arguing that clearer digital asset regulations could improve institutional participation and, ultimately, its own funding model. The numbers …

The post Grayscale Urges Senate to Pass CLARITY Act Before August Recess appeared first on Coinpedia Fintech News

Grayscale, a major digital asset management firm with $35 billion in assets under management (AUM), has sent an urgent letter to Senate leaders calling for an immediate floor vote on the CLARITY Act.  The push comes as the August recess is approaching and threatens to delay the bill. Grayscale Pushes Senate for CLARITY Act Vote …

The post CLARITY Act Update: Treasury Chief Urges Senate Vote Before Recess appeared first on Coinpedia Fintech News

The CLARITY Act is entering its most critical week yet. U.S. Treasury Secretary Scott Bessent has urged the Senate to vote on the crypto market structure bill before lawmakers leave for the August recess. He also warned that further delays could weaken America’s position in the global digital asset industry. Bessent Pressures Senate to Move …