Key Highlights The cryptocurrency sector allocated at least $125.5 million in lobbying funds targeting Republicans, yet the Clarity Act failed to advance in September. Industry analysts say the bill’s legislative prospects have narrowed following Democratic victories in both chambers of Congress and ongoing friction between banks and digital asset firms. Despite the political deadlock surrounding ...
Key Highlights A new Ipsos survey reveals that 22% of Americans have owned or used cryptocurrency, reflecting widespread bipartisan adoption with 24% of Republicans and 21% of Democrats participating in the market. While past legislative efforts saw successâincluding the enactment of the GENIUS Act and the House passage of the CLARITY Act with 216 Republican ...
Key Highlights Polling consensus from 270toWin indicates Democrats may flip the House of Representatives, while prediction markets Kalshi and Polymarket suggest a Democratic flip of both the House and the Senate. The incoming composition of Congress will directly shape federal regulatory oversight for agencies including the SEC, CFTC, OCC, and the Treasury Department, along with ...
Novogratz Slams Congress Over Clarity Act Failure Prominent crypto investor Mike Novogratz has sharply criticized Congress for failing to advance the Clarity Act, legislation designed to establish a regulatory framework for digital assets in the United States. In a recent social media post, Novogratz detailed how 18 months of bipartisan negotiations collapsed, leaving the industry ...