Senate rejects warrantless surveillance law, raising doubts on its future

The post White House Defends Trump as CFTC Vacancies Stall Crypto Bill appeared on BitcoinEthereumNews.com. The White House defended President Donald Trump’s regulatory appointments as Senate disputes over agency vacancies threaten progress. Lawmakers continue debating the stalled crypto market structure bill and the role of federal regulators.  Officials sent a letter to congressional leaders to challenge claims about Trump’s nomination strategy. They argued that Democrats blocked several civilian nominees while Trump still selected some bipartisan candidates. Additionally, the administration said it sought Democratic recommendations for Securities and Exchange Commission and Commodity Futures Trading Commission roles. However, officials said they received no responses from Democratic leaders. Consequently, the White House blamed the ongoing vacancies on political disagreements rather than executive delays. 🚨NEW: The White House is pushing back on Senate Democrats’ claims that the Tr

U.S. Senator Ron Wyden urged Senate leaders to preserve legal protections for non-custodial blockchain developers in the Digital Asset Market Clarity Act, drawing crypto policy support while leaving his final vote on the bill uncertain. Why Is Wyden Pushing to Preserve Developer Protections? U.S. Senator Ron Wyden (D-OR) sent a letter on July 8 to […]

The post US Lawmaker Pushes Crypto Developer Protections as Senate Weighs CLARITY Act appeared on BitcoinEthereumNews.com. Key Takeaways U.S. Senator Ron Wyden urged Senate leaders to preserve protections for non-custodial blockchain developers in the CLARITY Act. Crypto policy advocates praised Wyden’s stance as a defense of software publication and open internet principles. Alex Thorn said backing developer protections does not necessarily indicate Wyden will support the broader CLARITY Act. Why Is Wyden Pushing to Preserve Developer Protections? U.S. Senator Ron Wyden (D-OR) sent a letter on July 8 to Senate Majority Leader John Thune (R-SD) and Senate Minority Leader Chuck Schumer (D-NY) urging them to retain Section 604 of the Digital Asset Market Clarity Act, in any version of the legislation brought to the Senate floor. The provision was approved by the Senate Banking, Housing, and Urban Affairs Committee. Wyden wrote: “I write to urge you to ensure that any version of the Digit

The post CLARITY Act Faces CFTC Vacancy Fight Before Senate Floor Vote appeared on BitcoinEthereumNews.com. TLDR: The CLARITY Act faces a fresh political hurdle as White House officials and Senate Democrats dispute vacant SEC and CFTC seats. The CFTC vacancies matter since the crypto bill could give the agency broad authority over spot digital commodity markets. White House officials said they requested Democratic nominee names for SEC and CFTC seats but had not received a response. Senate talks now include nominations, ethics language, DeFi rules, and the timeline for passing the wider crypto bill. The CLARITY Act has moved into a new Senate pressure point as the White House and Democrats trade claims over vacant SEC and CFTC seats. White House officials told Senate leaders that the administration sought Democratic names for both agencies but had not received them. Democrats have argued that missing commissioners weaken the agencies expected to shape digital asset rules. The dispute n

The post Trump faces new Clarity Act test as Senate races toward key vote appeared on BitcoinEthereumNews.com. The Senate has entered what could be its final practical window to advance the CLARITY Act this year, with a merged draft expected as early as next week before lawmakers run out of time ahead of the August recess. Summary Senate negotiators are preparing a merged CLARITY Act draft ahead of a possible floor vote later this month. Democratic support remains uncertain as lawmakers continue talks over ethics rules, DeFi protections, and stablecoin provisions. The White House has denied blocking Democratic SEC and CFTC nominees as regulatory appointments become part of the debate. According to a CoinDesk report, Senate negotiators are preparing updated legislative text that combines proposals from the Senate Banking and Agriculture committees into a single version of the crypto market structure bill. The report said the draft is expected to add more than 70 pages of new material an

The Senate has entered what could be its final practical window to advance the CLARITY Act this year, with a merged draft expected as early as next week before lawmakers run out of time ahead of the August recess. According…

The post CLARITY Act Stalls in Senate With 50/50 Odds Before August Recess appeared on BitcoinEthereumNews.com. CLARITY-ACT News The U.S. Congress has failed to meet its deadline for passing the CLARITY Act, the market-structure bill that would define how digital assets are regulated across the country. Nearly a full year after the House of Representatives cleared its version, the Senate remains locked in intensive negotiations, with analysts placing only 50/50 odds that the legislation advances before the August recess. The delay leaves investors and developers without the legal certainty many have waited on, prolonging conditions that can amplify volatility across the broader altcoin market. For now, the American framework hangs on a set of unresolved banking and political disputes that lawmakers have been unable to close. Senator Cynthia Lummis, who chairs the Senate subcommittee steering the effort, described the talks as relentless, saying negotiators have been in intensive sessio

Senate negotiators are preparing a new Clarity Act draft as crypto market structure legislation faces a narrow July window and unresolved Democratic demands. The post New Clarity Act draft could land as soon as next week: CoinDesk appeared first on Crypto Briefing.