Cynthia Lummis defends Clarity Act against Elizabeth Warren’s claims, citing 16 illicit finance safeguards

The scrutiny of Bowman's actions may prompt tighter Fed protocols, impacting transparency and trust in financial regulatory practices. The post Elizabeth Warren calls for Fed review of Bowman’s Bank of America dinner appeared first on Crypto Briefing.

The Supreme Court's 6-3 ruling in Trump v. Slaughter overturns a 91-year-old precedent shielding independent agency commissioners from at-will removal, with direct implications for SEC and CFTC leadership as the CLARITY Act nears a floor vote.

U.S. President Donald Trump has defended the financial gains disclosed in his latest filings after records showed he earned at least $1.4 billion from crypto-related ventures, while market expectations for the CLARITY Act’s passage this year have weakened. According to…

Elizabeth Warren and colleagues demanded tighter rules on political figures’ crypto dealings, citing disclosures of large-scale Trump family profits US politics live – latest updates Donald Trump has again been accused of “brazen crypto corruption” after financial disclosures revealed his family’s cryptocurrency ventures generated more than $1bn in his first year back in the White House. Elizabeth Warren, the top Democrat on the Senate banking committee, said the figures showed why US Congress needed to act. “The crypto legislation heading to the Senate floor must prevent the President, Vice President, senior administration officials, members of Congress, and their families from profiting off the crypto industry,” she said. “If it does not, it will only turbocharge Donald Trump’s brazen crypto corruption.” Continue reading...

The CLARITY Act's passage could reshape digital asset regulation, potentially influencing market dynamics and future Federal Reserve policies. The post SEC commissioner: CLARITY Act expected to pass soon, shifting oversight to CFTC appeared first on Crypto Briefing.

Prolonged regulatory uncertainty may hinder blockchain adoption and impact crypto markets, affecting companies like Coinbase and Circle. The post Jefferies warns of crypto volatility as CLARITY Act Senate odds fall appeared first on Crypto Briefing.

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 the bill protects consumers while clearing the way for responsible innovation. The Clock Is Running Senate Banking Committee Chairman Tim Scott (R-SC) and Senate Majority […]

The chances of the crypto market structure bill, or CLARITY Act, passing before the November midterm election have remained far from assured as major legislative hurdles continue, according to investment bank TD Cowen. According to TD Cowen’s Washington Research Group,…