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The Abolish Super PACs Act, introduced in the House and Senate, would cap individual super PAC donations at $5,000 amid growing concerns over crypto-backed campaign spending and other independent election expenditures. Super PAC Cap Would Reshape Election Spending U.S. Representative Summer Lee and Senator Bernie Sanders unveiled the Abolish Super PACs Act in an announcement […]
Read full articleInsider Brief Singapore-based humanoid robotics startup Doozy Robotics announced it is expanding operations across the U.S., the Gulf region and Asia as it works to scale its AI-powered industrial workforce platform ahead of a planned Series A round. Backed by investors including Cocoon Capital, the company is developing a vertically integrated system that combines humanoid […]
The Senate closed its doors without voting on the CLARITY Act, even though the committee had passed it with a strong 15-9 vote. Senator Lummis cautioned that if the present opportunity is missed, new law on crypto could be delayed till 2030. MiCA in Europe continues to develop as US legislators continue to try and […] The post Congress Delays CLARITY Act as Crypto Industry Fears Another Lost Year appeared first on Live Bitcoin News.
The post CLARITY Act Approval Odds Drop Massively, What’s The Reason? appeared on BitcoinEthereumNews.com. The CLARITY Act’s odds of passing before 2027 plummeted below 50% on prediction market platforms recently. Experts attribute this drop to uncertainty over the Senate’s busy legislative calendar and internal Republican debates. What Are the Odds of Approval For CLARITY Act? According to Kalshi, the probability of the CLARITY Act passing before 2027 has decreased from almost 75% last week to 49% currently. Chances also declined for passing before August 2026 at 37% and approval before July 2026 at 14%. The drop came after the Senate went on a week-long recess without taking any steps toward a large border security reconciliation package. The backlog is likely to make it more challenging for crypto legislation to get a date in June when lawmakers return. Journalist Eleanor Terrett wrote that “Clarity Act will now be competing for Senate floor time when lawmakers return the first week
The post Senate Advances Bipartisan Crypto Bill to Define SEC and CFTC Roles appeared on BitcoinEthereumNews.com. The post Senate Advances Bipartisan Crypto Bill to Define SEC and CFTC Roles appeared first on Coinpedia Fintech News The United States Senate Banking Committee has advanced the bipartisan CLARITY Act, a major crypto bill designed to split oversight between the SEC and CFTC. The proposal would classify some digital assets as commodities while keeping others under securities laws, alongside new rules covering stablecoins, anti-money laundering standards, and blockchain developer protections. Supporters including Tim … Source: https://coinpedia.org/crypto-live-news/senate-advances-bipartisan-crypto-bill-to-define-sec-and-cftc-roles/
The post Kevin Warsh sworn in as Fed chair at White House appeared on BitcoinEthereumNews.com. Kevin Warsh was sworn in as Fed chair on Friday as Bitcoin trades near $77,400. Summary Warsh took the oath from Supreme Court Justice Clarence Thomas at a White House ceremony, succeeding Jerome Powell. The Senate confirmed Warsh 54-45, with only Democrat John Fetterman crossing party lines to support the nomination. Bitcoin held near $77,400 as traders had largely priced in the leadership transition ahead of Warsh’s first FOMC meeting in June. Kevin Warsh was sworn in as the 17th Federal Reserve chair at a White House ceremony on Friday, becoming the first Fed leader to take the oath at the executive mansion since Alan Greenspan in 1987. Supreme Court Justice Clarence Thomas administered the oath. Warsh, 56, succeeds Jerome Powell, who held the position since 2018 and will remain on the Fed board as a governor until 2028. The Senate had confirmed Warsh on May 13 in a narrow 54-45 vote, with
A House subcommittee hearing exposed a divide over how far to scale back the 1970-era anti-money laundering law as Trump expands its reach.
Bitcoin’s Coinbase premium has fallen to its lowest level this month, adding to signs that institutional investors in the U.S. have continued selling the flagship crypto while spot demand weakens. According to data shared by CryptoQuant analyst Darkfost, the Coinbase…
Coinbase is expanding its trading offerings by launching perpetual-style equity index futures on June 8, allowing users to go long or short on market sectors and trends.
