Key Highlights Strategy founder Michael Saylor contends the Senate’s failure to advance the Clarity Act benefits the digital asset industry by avoiding restrictive legislative provisions. Despite the legislative setback, the SEC and CFTC are independently advancing rulemaking, including conditional relief for onchain trading of tokenized securities. The Clarity Act fell one vote short of cloture ...
Key Highlights The SEC is advancing regulatory initiatives independently while the Clarity Act remains stalled in Congress, per a Bitfinex announcement. Bitfinex warns the SEC’s proactive enforcement stance could heighten scrutiny on crypto exchanges and trading activities. Market participants face prolonged uncertainty as legislative clarity remains elusive, potentially driving volatility. SEC Accelerates Crypto Oversight Amid ...
Key Highlights The CFTC has submitted a two-part crypto regulation proposal (RIN 3038-AF80) to the White House OIRA, outlining frameworks for “Regulation Crypto Asset Transactions” and “Regulation Crypto Asset Markets.” The proposal introduces a new “crypto asset markets” exchange category for spot trading digital commodities like Bitcoin and XRP under CFTC oversight, though final rules ...
Key Highlights ECB President Christine Lagarde personally lobbied Greek Prime Minister Kyriakos Mitsotakis to block Binance’s MiCA license application, overriding Greece’s own finance minister and independent regulator. Binance’s application had cleared all technical reviews and the mandatory 40-day assessment period without objections before political intervention halted the process in mid-June. Binance has withdrawn its Greek ...
Bitcoin Price Rally Driven by US Debt Concerns, Not Crypto Regulation, Says Bitwise CIO Matt Hougan Bitcoin’s recent price surge appears to be fueled primarily by mounting concerns over the United States fiscal outlook rather than progress on cryptocurrency-specific legislation, according to analysis from Bitwise Chief Investment Officer Matt Hougan. Inverse Correlation Between Regulatory Odds ...
Bitwise Chief Investment Officer Matt Hougan suggests Bitcoin’s price rally could persist while U.S. debt concerns remain unresolved, pointing to a divergence between crypto regulatory expectations and actual market performance. In a post on social platform X, Hougan shared a chart tracking the relationship between legislative odds and Bitcoin’s price action from July 1 to ...
Bitcoin Support Levels to Watch: Analyst Lark Davis Highlights $73K and $67K Zones Amid Regulatory Uncertainty Cryptocurrency investor and analyst Lark Davis has outlined key technical support levels for Bitcoin should the asset face further downside pressure. In an assessment shared via X, Davis identified the 200-day exponential moving average (EMA) near $73,000 as the ...
The Senate failed to advance the CLARITY Act in a closely watched vote yesterday, prompting an immediate shift in industry focus toward regulatory action by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). With comprehensive market-structure legislation stalled, attention is turning to what the agencies can achieve under existing authority. ...
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 ...
Senate Stalls CLARITY Act, Amplifying Crypto Regulatory Uncertainty The U.S. Senate failed to advance the CLARITY Act today, a development that injects fresh uncertainty into the digital asset regulatory landscape. According to a report from Fireblocks, the legislative stall threatens to disrupt the independent rulemaking timelines of both the Securities and Exchange Commission (SEC) and ...
BitGo Pushes Federally Regulated Banking Amid Clarity Act Senate Stall The stalled progress of the Clarity Act in the Senate has raised significant concerns regarding asset security, prompting digital asset custodian BitGo to advocate for the protection of assets through federally regulated banks. The situation underscores the growing importance of secure custody solutions for investors ...
CLARITY Act Stalls in Senate, Putting Spotlight on SEC and CFTC Crypto Authority The CLARITY Act failed to advance in the Senate on September 15, 2026, dealing a blow to legislative efforts aimed at establishing a structured regulatory framework for digital assets. The setback was highlighted by Coinbase CEO Brian Armstrong, who expressed disappointment while ...