Ahead of a Senate cloture vote, the White House's crypto adviser voiced confidence in the Clarity Act, even as revised ethics and developer-protection provisions draw fresh criticism.
A rewritten CLARITY Act meant to win over Democrats instead drew fresh opposition from banks, state AGs and developer groups hours before the Senate's cloture vote.
Letitia James and 17 state attorneys general urged the Senate to reject the Clarity Act, warning it would weaken state fraud enforcement, just before a critical procedural vote.
Senate Republicans folded in more than 120 Democratic-requested changes to the CLARITY Act ahead of a Tuesday cloture vote that will decide whether the crypto market-structure bill advances.
Coinbase and Moov will let over 1,000 community banks and credit unions offer stablecoin services, but who controls pricing, data and deposit economics remains unresolved.
Revolut says a fraudster used a spoofed but authenticated government agency email to obtain passports, selfies and transaction data, reviving debate over KYC data-sharing risks.
A closed-door meeting with Trump left unchanged the ethics clause blocking Democratic support for the CLARITY Act, days before a make-or-break Senate cloture vote.
Revolut says it disclosed customer KYC records and Bitcoin transaction histories to an attacker posing as a government agency, the latest in a string of crypto-adjacent data breaches.
Two unnamed crypto billionaires gave Nigel Farage's Reform UK a combined $97 million in 24 hours, raising fresh questions about crypto's growing influence on UK politics.
Revolut confirmed it leaked passports, selfies and Bitcoin transaction histories after a scammer impersonating a government agency used a spoofed but authenticated email domain.
