Washington is finally moving on crypto market rules while BlackRock keeps turning Ethereum into a serious piece of financial infrastructure. That’s the bullish side. The messy side is still very much alive: stablecoin stress fears, DeFi hacks, court-backed asset recovery drama, and whale-sized ETH transfers that make traders reach for the panic button. Clarity Act […]
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Banking lobbyists are making a last-ditch push to rewrite the CLARITY Act just days before a key Senate vote, and the real battle is over stablecoin yield, not consumer safety. Banking groups want changes to a stablecoin compromise they already accepted Timing is critical: Senate Banking Committee vote on May 14, recess starts May 21 […]
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Circle Earnings Loom as Stablecoin Regulation Concerns Clash With Institutional Buying Circle Internet Group, the issuer of USDC, heads into earnings on May 11 with a stock that’s been battered, bought, and legally shadowboxed all at once. Institutional money is still flowing in, but the company’s core revenue engine depends on reserve yield, and U.S. […]
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Washington is once again fighting over who gets to control digital dollars. A U.S. Senate panel is reviewing the CLARITY Act while banking groups push for changes to stablecoin yield rules, reopening the familiar battle between crypto’s push for open competition and Wall Street’s instinct to keep the money pipes tightly guarded. Senate panel: weighing […]
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US banking trade groups are pressuring lawmakers to tighten the stablecoin yield language in the CLARITY Act, arguing the current compromise still leaves room for crypto rewards that look an awful lot like interest. Banks want tighter stablecoin yield rules They fear rewards could mimic interest Crypto wants activity-based rewards preserved Senate markup is set […]
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Coinbase, Kraken, and Gemini are pressing lawmakers to soften a CLARITY Act rule that could make it much harder for smaller crypto assets to get listed on U.S. exchanges. CLARITY Act fight: Exchanges want the “readily susceptible to manipulation” rule revised Main concern: Low-liquidity tokens may be blocked before they can prove demand Regulatory backdrop: […]
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Bitcoin pushed back above $80,000 after a brief dip, helped by a broader risk-on move as stronger-than-expected U.S. jobs data lifted stocks and traders looked ahead to a Senate vote on the Clarity Act. BTC back above $80,000 Senate Banking Committee vote set for May 14 Resistance still stacked near $82,800 UBS increased MicroStrategy exposure […]
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The SEC is starting to admit that onchain finance doesn’t fit neatly into the old broker-exchange-clearinghouse playbook. That’s a big deal for crypto market structure, DeFi regulation, and the future of AI-driven trading. SEC crypto rule changes are being reviewed for onchain markets DeFi and TradFi are colliding inside hybrid blockchain systems AI finance could […]
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The Senate Banking Committee may soon vote on the CLARITY Act, a long-awaited crypto market structure bill that could finally bring some order to the U.S. regulatory circus. Markup possible next week: The Senate Banking Committee may vote as early as the week of May 11 60 votes likely needed: Bipartisan support is the whole […]
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Banking groups are turning the CLARITY Act into a street fight over stablecoins, deposits, and who gets to control America’s digital money rails. Five major banking trade groups are coordinating opposition to the crypto market structure bill, warning that its stablecoin yield language could drain deposits and weaken lending. Crypto leaders and pro-crypto lawmakers say […]
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