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Senate Leaders Race to Pass CLARITY Act in July as Lummis Touts Consumer Safeguards

Senate Republican leaders are pushing to pass the Digital Asset Market Clarity (CLARITY) Act in July, with roughly four weeks before a monthlong recess, even as Senator Cynthia Lummis insists…

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CLARITY Act Needs 60 Votes and 7 Democrats as GOP Races the August Recess Clock

Republican lawmakers are feeling a renewed sense of urgency to pass the Digital Asset Market Clarity (CLARITY) Act before the U.S. Senate breaks for its August recess. The market-structure bill…

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Elon Musk’s X Money Rolls Out to Premium+ Users With Up to $10 Million in FDIC Insurance

Elon Musk’s social platform X has begun rolling out its X Money payments service to select Premium+ subscribers, offering up to $10 million in federal deposit insurance through a new…

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Why Lummis Says the CLARITY Act Will End the ‘Absurdity’ Facing US Software Developers

U.S. Senator Cynthia Lummis is urging colleagues to pass the Digital Asset Market Clarity Act, arguing the bill would free software developers from the threat of prosecution for simply publishing…

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CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo

Commodity Futures Trading Commission (CFTC) Chair Mike Selig said crypto markets have “for too long” operated under uncertainty, vowing clear rules over enforcement even as he becomes the agency’s only…

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Warren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill

Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14, calling it an economic threat. The…

Continue ReadingWarren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill