Coinbase CEO Brian Armstrong raised four crucial points that he believes would make the legislation âmaterially worseâ for the US crypto industry....
The legislation would allow the stateâs treasury to hold digital assets with a market capitalization of more than $750 billion, which applied only to Bitcoin as of January....
Senate Banking Committee Chairman Tim Scott says further negotiations to garner bipartisan support for a key crypto-regulating bill are needed before it can advance....
With the CLARITY Act scheduled for a markup on Thursday, some lawmakers could still be at odds over decentralized finance, stablecoins and ethical concerns....
The US Senate Agriculture Committee released a Republican draft of the market structure bill, which includes protections for crypto developers, setting it up for a markup next week....
Brian Armstrong posted to social media late on a Wednesday saying Coinbase couldn't âsupport the bill as written,â potentially leading to a postponement in consideration....
The crypto market structure bill in the US Senate has been delayed amid disagreements among lawmakers and influential cryptocurrency companies....
Republicans called a digital asset market structure bill a bipartisan effort despite pushback from some Democrats on certain provisions....
Galaxy says the draft crypto market structure bill would give the US Treasury new powers to freeze transactions and deploy Patriot Actâstyle measures....
Galaxy said that new Treasury authorities in a Senate draft could mark the largest surveillance expansion since 2001....
The Agriculture Committee is moving ahead on crypto legislation despite a lack of bipartisan agreement, even as the Banking Committee slows its own work....
The endorsement comes as tensions brew between the White House and Coinbase over whether the bill should be passed in its current form....
The move could derail efforts to get cryptoâs coveted market structure bill over the finish line....
Brian Armstrong is set to meet bank CEOs a week after Coinbase pulled support for the crypto market structure bill....
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
Crypto industry leaders scrambled Thursday to salvage the market structure billâbut some conceded the bill now has lower chances of passage....
Senate efforts to rewrite U.S. crypto rules hit another snag after the Banking Committee delayed markup of the industry-shaping bill....
The draft provision would treat tokens as ânon-ancillaryâ assets, exempt from SEC securities rules, if they were in an ETF by 2026....
Fundstratâs Tom Lee, who is also the chair of Ethereum treasury firm BitMine, still expects Bitcoin to set a new high this year....
A top Russian lawmaker says crypto âwill be a common occurrenceâ in the country, with plans for a bill to deregulate the market for retail use....