Finance News
By Sakamoto Nashi
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Republican Split on Ethics Language. Senator Thom Tillis, a Republican, is threatening to vote against the CLARITY Act unless it…
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Industry Leaders Split on Passage Odds. Some lawmakers are still optimistic. Senator Cynthia Lummis thinks the bill will move in May.
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The CLARITY Act is stuck. President Donald Trump's meme coin is a big reason why.
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Simon Dedic, a crypto analyst, says the token has become a major roadblock for what's probably the most important piece of crypto legislation sitting in the Senate right now.
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The Senate Banking Committee made things worse recently. They skipped a markup hearing that was supposed to move the CLARITY Act forward.
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The banking industry is adding its own pressure. The American Bankers Association wants more time to comment on the GENIUS Act, another piece of crypto-related legislation.
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Related: Trump Says Hell Sign CLARITY Act Now, But Senate Keeps Stalling on Crypto Rules
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The legislative process has become a tangle of competing interests. Political dynamics are colliding with industry lobbying, and Trump's personal financial interests are caught…
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A recent dinner with Trump and prominent crypto industry leaders put the tensions on display.
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The Senate Banking Committee's shifting priorities don't help. By choosing to vote on the Fed Chair nominee first, they've pushed the CLARITY Act further down the calendar.
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The broader tension between innovation and regulation is playing out in real time. The crypto industry wants clear rules so companies know how to operate without fear of…
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Related: Trump Rushed Off Stage as Gunfire Erupts at White House Event
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The outcome of the CLARITY Act debate will shape crypto regulation in the United States for years.
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