How the Failure of the Clarity Act Gave Control of Crypto to the SEC and CFTC
In brief The Senate voted 49-50 against advancing the Clarity Act. Democrats united in opposition, joined by three Republicans. While this led to blame games among party members, a group of seven Democrats described it as “a setback, but not the end.” As frustrations with Congress mount, industry leaders are looking to regulators for support. […]
Senate does not pass Clarity Act, a setback for the crypto industry before the 2026 midterms
Senate Fails to Advance Clarity Act, Impacting Crypto Industry On Tuesday, the Senate’s attempt to push forward the Clarity Act fell short, marking a significant setback for the crypto sector. This legislation, which could have paved the way for clearer regulations, may now face even greater challenges, especially if Democrats secure more seats in the […]
Clarity Act does not pass in Senate as Senator Lummis declares crypto bill is finished
A significant cryptocurrency regulatory proposal supported by President Donald Trump has encountered major setbacks in the Senate, making its future uncertain. The Clarity Act couldn’t clear an essential procedural requirement on Tuesday, marking a significant defeat for its advocates, which include influential figures in the crypto sector and the administration, as they aim to integrate […]
Hawley initiates Flock investigation presenting new troubling evidence, emphasizing that Americans deserve clarity.
Missouri Senator Questions Surveillance Practices Senator Josh Hawley, a Republican from Missouri, has expressed significant concerns regarding the surveillance state and its implications for citizens’ privacy. On Wednesday, he made a statement that could impact numerous neighborhoods across the United States. Hawley commented, “The American people want to know who has access to their personal […]
Trump holds a White House summit on cryptocurrency to promote the CLARITY Act bill
White House Meeting on Cryptocurrency Regulations On Wednesday, President Donald Trump along with leading financial regulators met with significant figures from the cryptocurrency and digital assets sectors at the White House, signaling that a major legislative goal is nearing completion. Cody Carbone, the CEO of The Digital Chamber, was present at the meeting and shared […]
Trump invites cryptocurrency and finance leaders to the White House, urging Congress to approve the Clarity Act.
Trump Advocates for Transparency in Digital Asset Regulation On Wednesday, President Donald Trump gathered key figures from the cryptocurrency and financial sectors at the White House. His aim? To persuade Congress to advance the Digital Asset Market Transparency Act, which aims to establish a comprehensive regulatory framework for digital assets. Among those in attendance were […]
Will the British Pound gain clarity following the Fed and BoE decisions this week?
On Monday, during European trading hours, the British pound (GBP) appreciated by 0.15% against the US dollar (USD), hovering around 1.3345. This rise in GBP/USD seems to be driven by a decline in dollar strength, which can be attributed to renewed optimism regarding a potential diplomatic resolution between the US and Iran, particularly after recent […]
Crypto Market Update, July 23: Bitcoin Declines as Chances of Passing Clarity Act Decrease
As of the evening on July 23rd, Bitcoin (BTC -1.26%) saw a dip of 1.56%, priced at $65,047.34. Meanwhile, Ethereum (Ethereum -2.51%) dropped 2.57% to $1,883.70. Additionally, Solana (Sol -2.10%) fell 2.43% to $76.01. Overall, the cryptocurrency market capitalization decreased by 1.2% to $2.3 trillion, largely influenced by macroeconomic factors and policy discussions that weighed […]
Rep Ro Khanna seeks clarity from Fuyao Glass regarding CCP labor connections
Letters from Ro Khanna to Fuyao Glass Industry Group Representative Ro Khanna, a Democrat from California, has reached out to Fuyao Glass Industry Group, a major auto glass manufacturer based in Ohio with ties to the Chinese Communist Party. His letter comes amid allegations concerning the company’s labor practices and operations. In the letter, Khanna […]
XRP Rallies on Hopes for Clarity Act, but Charts Remain Cautious
Simply put XRP saw a rise of 3.25%, reaching $1.1485, placing it third among the day’s top gainers, following Ondo and Cardano. News regarding President Trump’s approval of the Clarity Act’s ethics provisions has boosted the likelihood of its passage in the Senate, increasing chances on polymarket from 32% to 43%, leading to a broader […]