Coinbase CEO Claims Big Banks Are Aiming To ‘Kill Competition’ With Latest Crypto Market Bill Draft

Cryptocurrency exchange Coinbase (COIN) recently retracted its support for the latest iteration of the crypto market structure bill, known as the CLARITY Act, just 24 hours before a crucial markup was scheduled.  This signals significant concerns about the bill’s alignment with the interests of cryptocurrency firms compared to traditional banking institutions, not only for the… Continue reading Coinbase CEO Claims Big Banks Are Aiming To ‘Kill Competition’ With Latest Crypto Market Bill Draft

Coinbase Mulls Exiting Support For Crypto Market Structure Bill Ahead Of January 15 Deadline

As the January 15 markup of the crypto market structure bill—known as the CLARITY Act—draws closer, reports indicate that Coinbase (COIN) is reconsidering its support for the legislation.  A Monday report from Bloomberg suggests this shift in position is contingent on whether the anticipated bill includes provisions beyond enhanced disclosure requirements tied to stablecoin rewards.… Continue reading Coinbase Mulls Exiting Support For Crypto Market Structure Bill Ahead Of January 15 Deadline

New Hope For Crypto: Senators Introduce Blockchain Regulatory Certainty Act

In a major new development for the crypto industry, Senators Ron Wyden and Cynthia Lummis announced on Monday evening the introduction of a bipartisan, standalone version of the Blockchain Regulatory Certainty Act (BRCA).  This legislation aims to provide much-needed clarity for software developers and infrastructure providers in the blockchain space, particularly concerning their classification under… Continue reading New Hope For Crypto: Senators Introduce Blockchain Regulatory Certainty Act

Crypto Market Structure Talks: Senator Lummis Addresses Latest Legislation Plans

Senators engaged in bipartisan discussions regarding the anticipated crypto market structure bill met on Tuesday amid ongoing disagreements about the timing of a committee vote on the legislation.  According to a report from Politico, Sen. Cynthia Lummis, a key negotiator for the Republican side, expressed optimism that a new draft of the bill could be… Continue reading Crypto Market Structure Talks: Senator Lummis Addresses Latest Legislation Plans

Crypto Relief: House Advances GENIUS, CLARITY, Anti-CBDC Bills After Narrow Vote

Crypto legislation appears to be back on track after US lawmakers passed a motion to reconsider three crucial digital asset bills in a narrow vote. This effort follows Tuesday’s failed attempt to advance the proposed legislation to a floor debate during the “Crypto week.” US House Passes Motion To Reconsider On Wednesday, the US House… Continue reading Crypto Relief: House Advances GENIUS, CLARITY, Anti-CBDC Bills After Narrow Vote