Category: Law of the Chain
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House Republicans block crypto bill vote, delaying GENIUS, CLARITY, and Anti-CBDC acts
House Republicans blocked a procedural vote delaying crypto bills GENIUS, CLARITY, and Anti-CBDC acts due to internal disagreements, leaving key legislation in limbo.
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Crypto Market Structure Bill Will Kill DeFi in the US, Industry Leaders Say – Decrypt
DeFi leaders warn the CLARITY Act could harm decentralized finance in the US, forcing developers overseas and undermining core principles of permissionless trading and privacy.
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Digital Assets are the Future: US President Donald Trump
US President Donald Trump supports the GENIUS Act to boost US dominance in digital assets, citing regulatory clarity and innovation, while facing partisan opposition and mixed industry reactions.
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House's Crypto Markets Bill on Track, But Some in Industry Hope For Senate Overhaul
The House’s Digital Asset Markets Clarity Act is advancing with bipartisan support, but some industry players hope for Senate revisions to address regulatory clarity and jurisdictional issues between the CFTC and SEC.
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Stablecoin Growth Accelerates: $235B Market Cap Reflects Rising Crypto Liquidity | Bitcoinist.com
Stablecoins reach $235B market cap, driving crypto liquidity and regulatory focus. US lawmakers review the Genius Act to define stablecoin regulations, while Tether leads with 68% market share.
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Mapping this ‘Crypto Week’ as U.S. Congress debates the future of stablecoins
U.S. Congress debates stablecoin regulation during Crypto Week, with bills like CLARITY and GENIUS Acts advancing. Industry optimism meets concerns over tech dominance and consumer safeguards.
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DOJ and CFTC Terminate Polymarket Investigations: Bloomberg – News Bytes Bitcoin News
U.S. authorities have ended investigations into crypto-betting platform Polymarket, marking a regulatory shift. The DOJ and CFTC notified Polymarket of the closure, signaling potential policy changes.
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Trump calls for GENIUS Act to pass Tuesday, despite reports of later vote
Trump urges House Republicans to pass the GENIUS Act, a stablecoin regulation bill, despite reports the vote may occur later this week. The bill has bipartisan support but faces scrutiny over Trump’s ties to a crypto firm.
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JPMorgan CEO Jamie Dimon questions stablecoin utility but confirms bank will actively explore the technology
JPMorgan CEO Jamie Dimon questions stablecoin utility but confirms the bank will explore the technology to stay competitive amid fintech advancements and evolving crypto regulations.
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DOJ and CFTC end probes into Polymarket, clearing path for potential registration
US authorities closed investigations into Polymarket, allowing the prediction market platform to pursue potential registration and re-entry into the US under regulatory compliance.