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Cryptocurrency Regulation

All articles tagged with #cryptocurrency regulation

Bitcoin Rally Fueled by Trump-Backed Clarity Act Push
markets4 days ago

Bitcoin Rally Fueled by Trump-Backed Clarity Act Push

Bitcoin jumped over 5% to about $72,384, its highest since June, with a two-day gain near 12% as Treasury yields fell and a short squeeze boosted crypto trading; Coinbase and Circle rose roughly 7% as crypto executives pressed Congress to pass a fair Clarity Act before year-end, a move seen as a key catalyst for regulation and the market’s exit from the crypto winter, though partisan divides over ethics rules threaten timing and a Senate vote; Bitcoin remains about 40% below its October 2025 high of around $126,000.

SEC Proposes Startup-Scale Crypto Fundraising Exemptions After Surprise Reversal
business6 days ago

SEC Proposes Startup-Scale Crypto Fundraising Exemptions After Surprise Reversal

The SEC proposed two exemptions under Regulation Crypto Assets to let crypto projects raise funds without full securities registration: up to $5 million over four years for startups, or up to $75 million annually if issuers provide financial statements and ongoing reports, with disclosures and antifraud rules still applying; a conditional safe harbor could allow a token to delink from its initial investment contract if conditions are met. The move follows an abrupt reversal after canceling a meeting amid pressure from Wall Street and the White House, signaling a pragmatic push to foster crypto innovation while protecting investors, as Treasury GENIUS Act rules advance and Clarity Act negotiations continue.

Trump-Affiliated World Liberty Wins Preliminary Bank Charter to Issue Stablecoins
business7 days ago

Trump-Affiliated World Liberty Wins Preliminary Bank Charter to Issue Stablecoins

The Treasury granted a conditional, preliminary bank charter to World Liberty Trust Company, a Trump-linked venture, enabling it to issue dollar-tied stablecoins. The move cements a crypto-friendly regulatory path for the company, which is co-founded by Donald Trump and has reportedly earned the former president nearly $800 million in 2025. The charter includes safeguards to keep the Trump family business separate from banking operations, while critics like Sen. Elizabeth Warren argue it represents potential self-dealing.

Trump urges Congress to move on the Clarity Act amid looming crypto-regulation timetable
politics1 month ago

Trump urges Congress to move on the Clarity Act amid looming crypto-regulation timetable

Trump is pushing the Senate to pass the Clarity Act, a broad crypto-policy bill that would assign CFTC oversight to crypto spot markets, define a "mature blockchain" to guide whether tokens are treated as securities, regulate stablecoin yields, and add consumer protections. With an August recess narrowing the window, analysts see a possible vote before the break but warn passage isn’t guaranteed and a lame-duck path remains possible amid bipartisan hesitations and ongoing regulatory concerns.

politics1 month ago

Graham’s Death Sparks Bipartisan Push for Russia Sanctions Over Trump’s Crypto Tribute

After Sen. Lindsey Graham’s death, colleagues rally around a bipartisan Russia sanctions bill he championed, signaling a priority to honor his legacy; President Trump, meanwhile, floated a crypto bill and other ideas such as the SAVE America Act as possible tributes, but support is split and the path forward remains uncertain amid Trump’s competing priorities and lingering doubts among some Republicans about timing and Senate rules.

Trump pushes for Clarity Act passage to honor late Sen. Graham
politics1 month ago

Trump pushes for Clarity Act passage to honor late Sen. Graham

President Trump urged the Senate to pass the Clarity Act, a broad cryptocurrency-regulation bill backed by the White House and the crypto industry, in memory of the late Sen. Lindsey Graham. The move comes amid questions about GOP support after Graham’s death; the bill is led in the Senate by Tim Scott and Cynthia Lummis and faces mixed views from Democrats, banks, and labor groups as it seeks to regulate crypto and bolster national security interests.

Dimon slams Coinbase chief as banks push tougher crypto rules
business2 months ago

Dimon slams Coinbase chief as banks push tougher crypto rules

JPMorgan CEO Jamie Dimon publicly blasted Coinbase CEO Brian Armstrong, calling him “full of s--t” and warned that big banks will oppose the current form of the Clarity Act, which aims to plug regulatory gaps in digital assets and would subject exchanges to stronger oversight; Armstrong has been spending heavily to lobby DC to shape the bill in crypto’s favor, while banks argue that allowing platforms to pay interest on stablecoins could siphon deposits as the legislation moves through Congress.

politics3 months ago

Capitol Hill Sprint: Bipartisan Bills Face Midterm Pressure

With the Memorial Day recess looming, lawmakers from both parties are racing to advance a package of bipartisan bills—ranging from affordable housing and college athletics to cryptocurrency taxation, energy-permitting reform, AI governance, manufacturing, and a reauthorized public lands package—before the midterms. Trump’s push to attach the SAVE Act to these measures threatens their passage, and GOP hard-liners or ballroom-security funding disputes add further obstacles. Yet several lawmakers say they want to make real progress, signaling a concerted push to demonstrate productivity on Capitol Hill.

Crypto regulation advances as Clarity Act clears key Senate committee
business3 months ago

Crypto regulation advances as Clarity Act clears key Senate committee

The Clarity Act cleared the Senate Banking Committee on a largely party-line vote, signaling momentum for crypto regulation despite opposition from banks, unions and law enforcement; supporters say it would provide clear rules and investor protection, while critics warn it could affect bank deposits and enforcement of illicit activity, with the bill needing House passage and White House approval to become law.

politics7 months ago

Fresh talks loom as Senate delays crypto bill amid Coinbase backlash

Senate Banking Chair Tim Scott postponed a markup of a sweeping cryptocurrency bill after Coinbase opposed the latest version, underscoring a key impasse over whether exchanges can offer yield-bearing stablecoin rewards. Lawmakers vow to keep negotiating a compromise palatable to both banks and crypto firms, aiming to provide regulatory clarity on token securities and commodities; leaders like Mark Warner and Cynthia Lummis say there is a path forward, though negotiations are expected to stretch into February.

JPMorgan CFO Warns Stablecoin Yields Could Undermine Banking Safeguards
business7 months ago

JPMorgan CFO Warns Stablecoin Yields Could Undermine Banking Safeguards

JPMorgan Chase CFO Jeremy Barnum criticized stablecoin yield payments as dangerous and undesirable, warning they could create a parallel banking system without proper safeguards. The remarks coincide with a Senate draft crypto bill aiming to limit yield on stablecoins, reflecting broader regulatory scrutiny. Banks and credit unions oppose yield on stablecoins like USDC, while Barnum questioned whether such yields truly benefit consumers. JPM remains among analysts’ Moderate Buy ratings with upside potential.

Experts Weigh in on Stablecoins' Future Amid Regulatory Hurdles
business1 year ago

Experts Weigh in on Stablecoins' Future Amid Regulatory Hurdles

The U.S. has enacted the GENIUS Act, establishing federal rules for stablecoins, prompting major financial firms like Bank of America and Fiserv to consider issuing their own tokens. While this legal framework aims to facilitate the use of stablecoins for payments and cross-border transactions, experts highlight significant strategic, technical, and regulatory hurdles, including compliance costs, blockchain choices, and the timing of regulatory implementation.