Senate GOP’s Revised Clarity Act Targets Fake DeFi Ahead of Vote
Senate Republicans unveiled a revised Clarity Act draft ahead of a September 15 procedural vote, tightening rules on DeFi platforms while Democrats remain unconvinced.
Section
Regulation
Senate GOP Unveils 630-Page Clarity Act Revision Before Key Vote
Senate Republicans released a revised 630-page Clarity Act draft adding CFTC registration rules for DeFi trading protocols ahead of a Sept. 15 procedural vote, though Democratic support remains uncertain.
Bessent Presses Senate to Revive Crypto Market Structure Bill
Treasury Secretary Scott Bessent is pushing the Senate to revive the CLARITY Act as prediction-market odds of passage this year plunge from 75% to 10%.
Block Seeks National Trust Bank Charter for Crypto Custody
Block has applied to the OCC to charter a national trust bank for Bitcoin and stablecoin custody, joining Ripple, Circle, BitGo and others seeking federal oversight for digital asset services.
Senate Faces Make-or-Break Vote on Crypto Market Structure Bill
A pivotal Senate cloture vote on the CLARITY Act could decide whether comprehensive US crypto market structure rules arrive now or stall for years under a new Congress.
Mexico Quadruple Homicide Highlights Rise of Bitcoin ‘Wrench Attacks’
Two men accused of killing four people in Mexico to steal a Bitcoin cold wallet highlight a sharp global rise in violent 'wrench attacks' against crypto holders.
BlackRock Rolls Out Two Tokenized Cash Products for Stablecoin Reserves
BlackRock has launched two tokenized money market products, including a new multi-chain vehicle, designed to serve as GENIUS Act-compliant reserve assets for stablecoin issuers.
Bitget to Exit Japan as Tokyo Tightens Crypto Exchange Rules
Bitget will phase out services for Japanese users by year-end, a retreat driven by Tokyo's reclassification of crypto as a regulated financial instrument.
Robinhood Secures UK Crypto Registration Ahead of Stricter Regime
Robinhood's UK unit joins the FCA's registered cryptoasset list just months before a tougher regulatory regime opens for applications, potentially giving it a head start over rivals.
Senate Stalls on Crypto Market Bill as Ethics Dispute Drags On
An ethics dispute between Senators Gallego, Tillis and the White House is holding up the Digital Asset Market Clarity Act just before the Senate's August recess.