Senate Banking Committee Delays Markup of Key Crypto Bill as Industry Support Frays
Senate efforts to rewrite U.S. crypto rules hit another snag after the Banking Committee delayed markup of the industry-shaping bill....
3dDecryptPolitics
Senate efforts to rewrite U.S. crypto rules hit another snag after the Banking Committee delayed markup of the industry-shaping bill....
The bill is still a "priority," White House Crypto Council Director Patrick Witt said, but interagency legalities remain a challenge....
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....
Selling the Bitcoin would have violated President Donald Trump’s Executive Order 14233, which mandates that any Bitcoin obtained through criminal or civil forfeiture “shall not be sold.”...
Advocates for the incarcerated Samourai Wallet developers have argued that the DOJ liquidated the Bitcoin funds against the president’s wishes....
Coinbase withdrew support for the CLARITY Act, warning the draft would restrict DeFi, ban tokenized equities and eliminate stablecoin rewards....
Despite the backlash, a spokesperson for Adams said he remains committed to funding education programs and supporting scholarships for underserved students through the token....
The statement comes amid controversy surrounding allowing yield-bearing stablecoins in the Senate Banking Committee’s upcoming crypto bill....
House Democrats have accused the SEC of selectively enforcing laws against crypto firms, while spotlighting Tron founder Justin Sun....
Three House Democrats warned that leaving the SEC's case against the Tron founder unresolved could ”undermine investors’ confidence” in the financial regulator....
Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...