Protect Progress, the tremendous PAC affiliated with crypto business flagship Fairshake, spent $5.5 million backing Adrian Boafo in Maryland’s Democratic main for the fifth Congressional District on June 23, a 24-candidate subject for the seat vacated by retiring House Majority Leader Steny Hoyer. Boafo received. Fairshake spokesperson Geoff Vetter put it plainly: “We went large,…
Five Senate Democrats, Elizabeth Warren, Richard Blumenthal, Gary Peters, Dick Durbin, and Ron Wyden, formally demanded hearings on June 23 into the $500 million UAE funding in Donald Trump crypto enterprise, World Liberty Financial, calling the deal unprecedented in American political historical past and demanding sworn testimony from White House officers on what they knew…
The Alliance to End Human Trafficking, a faith-based nationwide community, delivered a letter signed by 82 Catholic leaders to Senate Majority Leader John Thune and Minority Leader Chuck Schumer on Tuesday, urging each events to oppose Section 604 of the CLARITY Act, the provision that will exempt non-custodial DeFi builders from prison prosecution and AML…
The House Financial Services Committee has scheduled back-to-back hearings on July 14 and July 17, one overlaying Federal Reserve financial coverage, the opposite centered instantly on the CLARITY Act. This is giving supporters of complete crypto regulation their highest-profile platform but because the pre-recess window narrows. As of in the present day, the invoice has…
XRP News: Ripple has 9 days to file a accomplished Digital Financial Assets Law utility with California’s Department of Financial Protection and Innovation, and as of the newest public information by March 2026, no Ripple entity seems on the DFPI’s checklist of DFAL candidates. The firm formally engaged the DFPI earlier this yr, citing the…
Senator Lummis has made Section 604 of the CLARITY Act the centerpiece of her case for developer safety, citing the August 6, 2025 conviction of Tornado Cash co-founder Roman Storm as the clearest proof that open-source builders face real felony publicity below present legislation. The provision would codify a federal secure harbor exempting non-custodial software…
Senator Bill Hagerty instructed FOX Business on June 18 that he nonetheless hopes the Digital Asset Market Clarity Act can clear the Senate earlier than the July 4 recess, even whereas conceding the invoice could slip previous Independence Day. His optimism lands towards a wall of procedural actuality: the CLARITY Act has not but acquired…
In the newest Bitcoin News, Zimbabwe’s Financial Intelligence Unit issued a binding mandate on June 16, 2026 requiring all digital asset service suppliers to register underneath Statutory Instrument 99 of 2026, the nation’s first devoted crypto regulatory framework, efficient instantly, with prison legal responsibility for non-compliance. The framework formalizes what has been an eight-year gray…
CME Group CEO Terrence Duffy announced Wednesday that the change operator will file a federal lawsuit towards the CFTC, concentrating on the regulator’s late-May approval of bitcoin perps for prediction-market platform Kalshi, the primary regulated U.S. itemizing of perpetual futures. Duffy’s central argument, made on CNBC’s Fast Money, is that the merchandise the CFTC permitted…
A coalition of greater than 50 gaming associations, tribal governments, and labor unions submitted a letter to the Senate on June 16, demanding that the Digital Asset Market Clarity Act embody express language banning prediction markets from providing sports activities and casino-style occasion contracts. This is a direct shot at platforms like Polymarket and Kalshi…