Tag Archives: CLARITY Act news

JPMorgan CEO Goes Nuclear On CLARITY Act, Calling Coinbase’s Armstrong ‘Full Of S-t’

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As lawmakers advance the crypto bill closer to completion, JPMorgan CEO Jamie Dimon attacked Coinbase CEO Brian Armstrong and criticized the CLARITY Act on Friday. Dimon Predicts Clash Over CLARITY Act Speaking at the Reagan National Economic Forum, Dimon said banks “will not accept” the CLARITY Act in its current form. He also suggested that… Continue reading JPMorgan CEO Goes Nuclear On CLARITY Act, Calling Coinbase’s Armstrong ‘Full Of S-t’→

Treasury Secretary Urges CLARITY Act Passage, Saying The US Should Be Home For Crypto

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On Thursday, Treasury Secretary Scott Bessent urged Congress to pass the CLARITY Act, a bill that would provide the crypto industry with a regulatory framework and the long-awaited clarity it needs regarding the classification of digital assets.  Bessent Presses Lawmakers To Pass The CLARITY Act  In remarks at the White House, Bessent emphasized that the… Continue reading Treasury Secretary Urges CLARITY Act Passage, Saying The US Should Be Home For Crypto→

CLARITY Act Clock Ticks Down: TD Cowen Says 2026 Passage Looks Less Likely–Here’s Why

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The odds of the CLARITY Act becoming law this year are fading, according to TD Cowen, even after the bill cleared key legislative hurdles in the Senate.  While the measure successfully passed through the Senate Agriculture Committee and the Senate Banking Committee, a full Senate vote—and the final approval needed to send the bill to… Continue reading CLARITY Act Clock Ticks Down: TD Cowen Says 2026 Passage Looks Less Likely–Here’s Why→

Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet

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Cryptocurrency markets rallied sharply on Thursday after the Senate Banking Committee delivered a major win for the industry by advancing the long-anticipated CLARITY Act.  The market reaction was visible across the largest coins: Bitcoin (BTC) jumped to $81,899 at the time of writing, representing about a 2.7% gain, while XRP led among the top ten… Continue reading Bitcoin And XRP Climb On CLARITY Act News—But Clear Path To Law Isn’t Done Yet→

Coinbase CEO Unpacks The Crypto Bill’s Biggest Promise For The US Financial System

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As the Senate Banking Committee prepares to mark up the long-anticipated CLARITY Act on Thursday, Coinbase CEO Brian Armstrong has argued that the newest version of the bill represents a workable “compromise” and could meaningfully improve the US financial system.  Speaking to FOX Business, Armstrong said the updated draft reflects concessions on both sides—what he… Continue reading Coinbase CEO Unpacks The Crypto Bill’s Biggest Promise For The US Financial System→

Ripple CEO Warns: If CLARITY Act Markup Slips, Chances Fall ‘Precipitously’

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Days after the Senate Banking Committee released its draft language for the CLARITY Act, Ripple CEO Brad Garlinghouse delivered a blunt message about the road ahead for the delayed crypto market-structure bill.  Speaking Tuesday at CoinDesk’s Consensus Miami event, Garlinghouse said the next two weeks could prove decisive—not just for the momentum of the legislation,… Continue reading Ripple CEO Warns: If CLARITY Act Markup Slips, Chances Fall ‘Precipitously’→

CEO Calls CLARITY Act ‘Horrible Bill,’ Warns Of Prolonged Crypto Bear Market Ahead

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A key US crypto policy bill, the CLARITY Act, is now moving through its final stages in the Senate, with potential action tied to the Senate Banking Committee’s last markup expected in May.  But Morgan Creek Capital CEO Mark Yusko says the legislation—despite broad praise from much of the crypto industry—could actually prolong the current… Continue reading CEO Calls CLARITY Act ‘Horrible Bill,’ Warns Of Prolonged Crypto Bear Market Ahead→

Crypto Bill Clash: Coinbase Rejects CLARITY Act Changes On Stablecoin Yields

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Cryptocurrency exchange Coinbase has reportedly told Senate offices it cannot support the latest language inserted into the CLARITY Act, dealing a fresh setback to negotiations over the anticipated crypto market-structure bill.  The dispute centers on newly revised provisions governing stablecoin yield arrangements, a key point of contention that has been the subject of months of… Continue reading Crypto Bill Clash: Coinbase Rejects CLARITY Act Changes On Stablecoin Yields→

Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards

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Circle Internet Financial, the issuer behind the USDC stablecoin — the second-largest dollar-pegged cryptocurrency — saw its stock, CRCL, tumble 22% on Tuesday to $98 as lawmakers reportedly moved to tighten rules around stablecoin yields.  The selloff followed reports that a revised draft of the Senate Banking Committee’s CLARITY Act would broadly prohibit platforms from… Continue reading Circle (CRCL) Crashes Below $100 After Senate Revises Crypto Bill To Ban Stablecoin Rewards→

CLARITY Act Heading To Senate Vote April 14–20 As Lawmakers Strike Stablecoin Deal

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Lawmakers signaled a major advance Wednesday toward passing the long-awaited CLARITY Act, the bill intended to create a clearer market-structure framework for cryptocurrencies in the United States.  Tentative Stablecoin Deal  Politico reported that key senators have reached a tentative agreement with the White House on language meant to bridge a central dispute between banks and… Continue reading CLARITY Act Heading To Senate Vote April 14–20 As Lawmakers Strike Stablecoin Deal→