Regulation & Policy

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The U.S. Senate Banking Committee has released the latest version of the CLARITY Act, with primary focus on protecting consumers

According to CoinDesk’s May 12 report, the U.S. Senate Banking Committee on Tuesday officially released the latest version of its cryptocurrency market structure bill, the “CLARITY Act.” The text totals 309 pages and is being prepared for the committee hearing and vote scheduled for May 14. In a statement, Committee Chair Tim Scott said the bill puts consumers first and ensures the future of finance remains in the United States. Bill Core Provisions: Stablecoin Yield Limits and DeFi Protections
MarketWhisper·7h ago
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Bloomberg: The U.S. House Ways and Means Committee will hold a closed-door, bipartisan briefing on crypto taxation on Thursday

According to Bloomberg, citing three people familiar with the committee’s plans, the U.S. House Committee on Ways and Means will hold a closed-door, bipartisan briefing on cryptocurrency tax issues on May 14 (Thursday), with attendance limited to committee members only. The meeting will be held on the same day as the Senate Banking Committee’s consideration of the CLARITY Act on Thursday. Background and bipartisan format for the closed-door meeting According to Bloomberg, both Democratic and Rep
MarketWhisper·8h ago
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Democratic senator: does not support the CLARITY Act without a morals clause; the ethics clause dispute affects the 60-vote threshold

According to CoinTelegraph’s May 12 report, New York state Democratic senator Kirsten Gillibrand said that without moral provisions targeting potential conflicts of interest for elected officials, her Democratic colleagues would not vote in support of the bill in the Senate floor session. To pass, the CLARITY Act must receive at least 60 votes in the Senate floor session, and bipartisan support is crucial to the bill’s final passage. Legislative Background and Bill Progress According to CoinTele
MarketWhisper·11h ago
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OCC approves Augustus Company to establish the first AI-native stablecoin settlement bank in the United States

According to a May 12 report by Bitcoin.com News, the U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to Augustus (Augustus), allowing the establishment of Augustus Bank, NA, making it the first AI-native stablecoin settlement bank in the U.S. to reach this stage of approval by the OCC. Founding Team Background and Existing Business According to an official Augustus announcement, the co-founder and CEO of Augustus Bank, NA is Ferdinand Dabitz, 25 years old a
GENIUS4.31%
MarketWhisper·12h ago
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The CLARITY Act enters Senate committee review this week, with 2.9 million advocates pressuring lawmakers to vote

According to Bitcoin.com News on May 11, the digital asset advocacy group Stand With Crypto (SWC) announced that it will conduct a record-based scoring of lawmakers regarding the U.S. Senate Banking Committee’s scheduled vote on HR3633, the “2025 Digital Asset Market Transparency Act” (the CLARITY Act), on May 14; SWC said it represents more than 2.9 million U.S. advocates. Stand With Crypto Advocacy Actions and Lawmaker Rating Program According to Bitcoin.com News, in a May 11, 2026 statement,
MarketWhisper·12h ago
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