Seven Senate Democrats say the up to date CLARITY Act textual content falls brief. They opposed the proposed draft, even after it added ethics guidelines barring public officers from issuing digital property. The 616-page invoice wants 60 votes to clear the Senate. Their opposition complicates the trail to that threshold earlier than the August recess….
Anthony Scaramucci says the Clarity Act’s new ban on federal officers sponsoring crypto doesn’t go far sufficient. The SkyBridge Capital founder argues the identical ethics logic ought to lengthen to insider buying and selling throughout the board, not simply digital property. Speaking on CNBC, Scaramucci pointed to Congress’s personal pay construction as the basis downside….
Three progressive organizations, Indivisible, Demand Progress, and the Revolving Door Project, despatched a letter Tuesday night to each Democratic Senate workplace, criticizing Sen. Kirsten Gillibrand over her son’s ties to the crypto business. The transfer complicates her effort to dealer a compromise on the CLARITY Act unresolved ethics provisions. It additionally indicators that Senate Democrats…
US authorities seized greater than $25 million in cryptocurrency linked to worldwide fraud networks that focused victims throughout the United States and Canada. The newest motion is a part of a wider effort that has recovered over $800 million. US Agents Seize $25 Million From Crypto Scam Networks US Attorney Jeanine Ferris Pirro stated the…
Pakistan’s Federal Investigation Agency (FIA) has established a devoted cryptocurrency investigation unit to goal cash laundering and terrorism financing involving digital property. The unit sits contained in the FIA’s newly operational National Command and Control Centre, often known as NC3. Pakistan Builds an Enforcement Arm for Digital Assets FIA Counter-Terrorism Wing Director Dr Muhammad Athar…
Kalshi spent $990,000 on federal lobbying within the first half of 2026, almost matching its whole for all of final yr, because it races to counter the on line casino trade on Capitol Hill. The prediction market operator and its gambling-sector rivals are each sharply elevating spending. Kalshi’s direct lobbying alone almost matches the American…
The Digital Chamber sued the Illinois Department of Revenue on Tuesday, asking a Sangamon County courtroom to strike down the state’s new Digital Asset Tax Act earlier than it takes impact. The commerce group represents greater than 250 blockchain corporations. It argues the 0.2% levy unfairly singles out digital property based mostly on the know-how…
Russia’s State Duma accredited a sweeping crypto invoice on July 21 that brings buying and selling into a licensed monetary system. Industry critics say the principles may dismantle the market they declare to manage. Lawmakers handed Bill No. 1194918-8 in its second and third readings on the identical day. It nonetheless wants approval from the…
Malaysian authorities have revoked the enterprise license of Network School, a expertise neighborhood based by former Coinbase CTO Balaji Srinivasan. The determination adopted scrutiny over alleged hyperlinks to Israeli participants. However, native officers stated they cancelled the license over enterprise and premises violations. The Iskandar Puteri City Council ordered NS0 Malaysia Sdn Bhd to cease…
The White House has agreed to the CLARITY Act ethics bundle. These are the conflict-of-interest guidelines that froze the crypto invoice for months. Treasury Secretary Scott Bessent says the Senate is now at the 1-yard line. Bitcoin (BTC) climbed towards $67,000 on the information. Here is what the deal says, and why merchants prefer it….