Senate Democrats Call Clarity Act Ethics Provisions Inadequate
Seven Democrats likely needed to clear 60 votes tell Republicans the draft still needs work on ethics, illicit finance and consumer protection, just days before the August recess.
Court rulings, lawsuits, settlements, indictments, and litigation involving crypto firms and protocols.
Seven Democrats likely needed to clear 60 votes tell Republicans the draft still needs work on ethics, illicit finance and consumer protection, just days before the August recess.
The text bans the president, members of Congress and federal judges from issuing or sponsoring digital assets for profit, but a DOJ-enforcement fight with Democrats is the last hurdle before a 15-day…
The MOVE token hit an all-time low after Coinbase delisting, and the bankruptcy filing now shows the project holds under $1M in assets despite raising $38M just last year.
The $150K fee award to History Associates is a footnote; the real concession is the SEC's agreement to review how it preserves staff text messages.
BitClub's $722M scheme is the headline figure, but a pre-trial dismissal leaves victims still waiting on a court-approved recovery formula.
Indivisible and Demand Progress are blasting the senator's family crypto ties, framing the CLARITY Act ethics rules as a lobbying loophole worth killing the bill over.
The commissioner stopped short of calling any protocol a security outright, instead laying out which structural features would draw the SEC's eye: yield strategy, LTV, liquidations, asset allocation.
The commissioner stopped short of calling vaults securities outright, but the structural framing pushes curated strategies and onchain lending squarely into the SEC's lane, with Morpho down 5% on the…
A narrow procedural window forces a decision the market has been waiting two years for: which agency writes the rules for digital asset trading, and who answers to whom.
Trading volumes slumped most of the quarter before stabilizing in June, but the analyst sees the market-structure bill as a larger swing factor than the near-term print.
France's regulator wants prediction-market trading off-limits; Polymarket argues the read-only site still belongs in the European information stack and will fight the geoblock in court.
The SEC's crypto mom signalled that how a protocol is designed, not where it runs, decides whether U.S. securities law applies, a posture that puts every yield strategy on notice.
The five civil complaints, filed by the Scam Center Strike Force, lift the task force's recovery total past $800M and show how routinely crypto rails are being used to launder proceeds of personal…
The backlash targets the Senate's lead Democratic negotiator at a sensitive moment for the bill, which is the legislative vehicle the industry has bet its US market-structure roadmap on.
The complaint argues the 2027 levy is a sales tax applied to assets Illinois already classifies as non-possessory, double-taxing what the state itself has said does not exist as property.
The single largest remaining obstacle, the Democratic demand for stronger ethics rules around Trump-family crypto conflicts, is reportedly resolved, with prediction markets now putting 2026 passage…
The 0.2% levy takes effect in January and singles out blockchain infrastructure specifically. TDC's filing argues it violates the Commerce Clause, state uniformity rules, and the federal Internet Tax…
The bill's fate now hinges on a single procedural question: whether state attorneys general or the federal DOJ get the power to police the crypto ban on Trump, Vance and every member of Congress.
The DOJ-led enforcement structure, not the issuance ban, is the fight: Democrats wanted state AGs in the chain, and the compromise puts federal prosecutors alone in charge of Clarity Act violations.
The 32-page complaint argues digital assets are being taxed because of the technology itself, not the economic substance, and asks a state court to halt the levy before it takes effect.