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.
CFTC Chair Selig says the agency will use its existing powers to craft crypto rules after the Clarity Act failed a Senate vote.
The CLARITY Act failed to advance in the US Senate on a 49-50 procedural vote. Crypto prices fell, with Bitcoin down over 5%.
Two Robinhood engineers face fraud charges for trading Hyperliquid futures ahead of token listings, allegedly making over $50,000 each.
XRP and XLM rose over 8% on September 14 as the Senate prepared for a key vote on the CLARITY Act, which would classify some digital assets as commodities.
Banks, 18 state AGs, and Elizabeth Warren oppose revised Clarity Act before Senate cloture vote requiring 60 votes.
SBF's Supreme Court lawyer says $11 billion fine would leave FTX founder penniless for life.
According to an MSCI survey, 71% of advisers plan to boost active ETF holdings in two years. Some 87% already invest in active ETFs.
Retirees sue Broad Street Global Management and its managers for allegedly stealing investor money tied to Dogecoin miner Z Squared.
The CLARITY Act faces a Senate procedural vote on September 15 that will decide the fate of US crypto regulation.
Nvidia director Mark Stevens filed to sell $1.09 billion in shares. The stock rose 3.21% despite the notice.
SEC Chairman Paul Atkins says the new Regulation Crypto Assets proposal is intended to win back crypto firms that departed the US over the past four years.
SEC Chair Paul Atkins expects the Clarity Act to be voted on in the Senate on Sept. 15 and calls the Regulation Crypto Assets proposal a historic step.
Grayscale urged the SEC not to introduce new rules for crypto ETFs, arguing existing framework works.
Crossmint codes Robinhood memecoin purchases as digital media, enabling credit card rewards. Chase disputes, Visa may force recoding.
SEC proposed modernising transfer agent rules to allow blockchain records; CFTC fined a trader $90,000 for deleting messages.