White House Crypto Advisor Fires Back At Bank CEOs In Stablecoin Rewards Clash

After months of delays, the Senate Banking Committee has set a Thursday markup for the CLARITY Act, but it would still need some Democrats’ support to pass on the Senate floor.

A U.S. senator criticized bank opposition to stablecoin legislation before a committee session, saying the American Bankers Association sought “immediate engagement” from bank CEOs. He framed the dispute as a fight over competition, yields, and control. US Senator Blasts Bank Pushback on Stablecoin Bill Senator Bernie Moreno (R-Ohio), a member of the U.S. Senate Committee […]

Galaxy says seven Senate Democrats may decide the CLARITY Act’s path as the crypto market structure bill heads to markup this week.

The post CLARITY Act Poll: 52% Support, 70% Say US Should Have Passed Crypto Legislation appeared on BitcoinEthereumNews.com. Key Takeaways Harrisx found 52% of voters support the CLARITY Act after reviewing a policy summary of the bill. Concerns about offshore crypto exchanges increased support for federal oversight, consumer protections, and U.S. financial leadership. Cryptocurrency regulation could influence 2026 midterm voting decisions, particularly among crypto owners and independents. Voters Link Crypto Rules to U.S. Financial Leadership Harrisx, a public opinion research and polling firm, released a national survey on May 7 showing broad voter support for the Digital Asset Market Clarity (CLARITY) Act of 2025. The poll found 52% supported the bill after voters reviewed a policy summary of the legislation, while 11% opposed it. Harrisx surveyed 2,008 registered voters from May 1-4, 2026, with a margin of error of 2.2 percentage points. Support for the CLARITY Act extended across

The post Policy at Consensus Miami: State of Crypto appeared on BitcoinEthereumNews.com. White House adviser Patrick Witt said it’s possible the Clarity Act becomes law by July 4 while Senator Kirsten Gillibrand pushed for an ethics provision in the market structure bill. Consensus Miami 2026 wrapped up with a fiery debate on the role of prediction markets, and a lot otherwise happened at our first conference in the Sunshine State. CoinDesk also released the results of a survey it commissioned of 1,000 registered voters on their views toward crypto heading into the 2026 election. PS: I’ll be at the Bermuda Digital Finance Forum next week. Let’s catch up if you’re there. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative White House Executive Director of the President’s Council on Digital Assets Patrick Witt told the audience at Consensus Miami this week that he beli

Voters showed broad support for the CLARITY Act after Harrisx found 52% backed the crypto market structure bill after reviewing a policy summary of the proposal, while 11% opposed it. The survey also found 70% said the United States should already have passed clear cryptocurrency legislation. Voters Link Crypto Rules to U.S. Financial Leadership Harrisx, […]

The post Trump Media’s Crypto Bet Implodes With Massive $406M Quarterly Loss appeared on BitcoinEthereumNews.com. Trump Media’s Crypto Bet Implodes With Massive $406M Quarterly Loss | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. Christian, a journalist and editor with leadership roles in Philippine and Canadian media, is fueled by his love for writing and cryptocurrency. Off-screen, he’s a cook and cinephile who’s constantly intrigued by the size of the universe. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/trump-medias-crypto-bet-implodes-with-massive-406m-quarterly-loss/

Trump Media & Technology Group’s stock now trades around $8.93. That number tells a story on its own. The parent company of Truth Social once peaked at $97.50 a share back in early 2022, and it has shed more than 90% of its value since then. Related Reading: Tether Ramps Up Wallet Freezes, Blocking Over […]