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Charles Schwab Calls CLARITY Act a ‘Fundamental Catalyst’ as White House and Thune Clash Over Timing

Charles Schwab, which manages $13 trillion in client assets, is calling the CLARITY Act a “really important fundamental catalyst” that “needs to pass” even as Senate Majority Leader John Thune…

Continue ReadingCharles Schwab Calls CLARITY Act a ‘Fundamental Catalyst’ as White House and Thune Clash Over Timing

CLARITY Act Draft Gives Trump 5 Ways to Keep Profiting From Crypto, Democrats Say

Senate Democrats say the latest CLARITY Act draft leaves five ethics loopholes that could let President Donald Trump keep profiting from crypto while shaping digital asset policy. Republicans argue the…

Continue ReadingCLARITY Act Draft Gives Trump 5 Ways to Keep Profiting From Crypto, Democrats Say

950K Contacts Back CLARITY Act as Coinbase CEO Says Bill Is Ready for Full Senate Vote

Coinbase CEO Brian Armstrong said the CLARITY Act is ready for Senate floor consideration as Stand With Crypto reported 950,000 contacts with lawmakers, intensifying pressure for action on a federal…

Continue Reading950K Contacts Back CLARITY Act as Coinbase CEO Says Bill Is Ready for Full Senate Vote

Removal of CLARITY Act’s Section 604 Could Spark First Amendment Battle, Industry Executives Warn

One year after the U.S. House passed the CLARITY Act to replace “regulation by enforcement” with clear rules, the bill remains stalled in the Senate due to banking opposition and…

Continue ReadingRemoval of CLARITY Act’s Section 604 Could Spark First Amendment Battle, Industry Executives Warn

CLARITY Act Would Protect Customer Crypto From Exchange Bankruptcies, Senator Says

Senator Cynthia Lummis says the CLARITY Act would ensure customer-owned crypto remains customer property if an exchange fails, addressing a legal gap exposed by the bankruptcies of Celsius and Voyager…

Continue ReadingCLARITY Act Would Protect Customer Crypto From Exchange Bankruptcies, Senator Says