SEC Acting Chair Paul Atkins announces a new U.S. strategy to embrace digital asset innovation and encourage onshore activities, aiming to create a robust regulatory environment that attracts crypto businesses back to the country.
Senator Bernie Moreno plans to advance Bitcoin market structure legislation next week, aiming for presidential signature by July 4th, signaling urgency in crypto regulation.
Senate Banking Chair Tim Scott anticipates the CLARITY Act will be sent to the President before summer, marking a crucial milestone for U.S. crypto regulation clarity.
Digital asset funds recorded $857.9M in weekly inflows, led by Bitcoin's $706.1M, as optimism builds ahead of the Senate Banking Committee's May 14 CLARITY Act markup. The reversal follows a $952M outflow prompted by previous delays.
Circle shares surged to $119.53 after U.S. senators reached a bipartisan compromise on stablecoin rewards language in the CLARITY Act, boosting hopes for clearer crypto regulation.
U.S. Senators Ted Cruz and Representative Mike Carey introduced a joint resolution to overturn the IRS rule that reclassifies DeFi participants as brokers. Critics say the regulation stifles crypto innovation and pushes the industry abroad. The measure has garnered support from key industry groups and a coalition of lawmakers.
Congressman Patrick McHenry declared Bitcoin unstoppable at the Bitcoin Policy Summit 2024, noting that every regime trying to shut it down has failed. He stressed the US must lead in digital assets and highlighted two bipartisan bills—the FIT 21 Act and the Clarity for Payment Stablecoins Act—to provide regulatory clarity.
Senator Adam Schiff announced an investigation into potential insider trading before Trump's tariff pause announcement, calling on whistleblowers to come forward. Other lawmakers join demands for disclosure.
