CFTC Vows to Craft Crypto Rules Following Clarity Act Setback
CFTC Chair Selig says the agency will use its existing powers to craft crypto rules after the Clarity Act failed a Senate vote.
Licensing, compliance and enforcement across major jurisdictions, and what new rules mean for exchanges, issuers and investors.
CFTC Chair Selig says the agency will use its existing powers to craft crypto rules after the Clarity Act failed a Senate vote.
Celsius Network's bankruptcy estate sues BitMEX over 6,360 Bitcoin lost in March 2020 liquidations, seeking recovery of about $481 million.
Trump made about 28,700 stock trades in 17 months, more than all Congress combined, while advocating a trading ban that excludes the presidency.
The CLARITY Act failed to advance in the US Senate on a 49-50 procedural vote. Crypto prices fell, with Bitcoin down over 5%.
Ripple and MicroStrategy said the CLARITY Act's Senate defeat did not alter XRP or Bitcoin's legal standing, citing court rulings and regulatory guidance.
Bitcoin fell 4% to $75,939 and crypto stocks slid after the Senate blocked the Clarity Act in a procedural vote.
Senate procedural vote blocks the Clarity Act, likely ending the bill for 2026; bitcoin drops 4%.
The US Senate failed to advance crypto market structure legislation, sending bitcoin lower as traders reacted to regulatory uncertainty.
John Deaton breaks down the Senate's Clarity Act cloture vote, explaining the need for Democratic support and the stakes for digital asset firms.
The CLARITY Act failed a Senate procedural vote, causing Circle stock to drop 11%. The bill's fate is now uncertain.
Two Robinhood engineers face fraud charges for trading Hyperliquid futures ahead of token listings, allegedly making over $50,000 each.
Banco Master's collapse has reached Brazil's Supreme Court and election, with allegations involving Justice Moraes and political fallout.
The US is seizing $61 million in cryptocurrency allegedly laundered through Binance from Iranian oil sales.
Binance's co-CEO says a US forfeiture case over $61M in Iranian oil money isn't against the exchange. The DOJ alleges two firms laundered funds via Binance.
Connor Brown discusses the Clarity Act's Senate cloture vote, the 7-9 Democratic votes needed, and the bill's key compromises.