Crypto Clarity Act Failure: White House Blames Democrats
The partisan dispute keeps US crypto policy uncertain, leaving firms and investors without the clarity the legislation was intended to provide.
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The partisan dispute keeps US crypto policy uncertain, leaving firms and investors without the clarity the legislation was intended to provide.
The market’s resilience stands out: a legislative setback has not translated into immediate weakness across crypto capitalization.
The American Reserve Modernization Act would lock Trump's 2025 executive order into statute, directing Treasury to hold bitcoin permanently and acquire more over five years without taxpayer cost.
The bill's practical value will hinge on its provisions and its progress through Congress, not the committee milestone alone.
The de minimis exemption, staking and wash-sale language address the industry's longest-running asks, but the realistic 2026 path runs through the next Congress.
The bill marks a significant legislative push to establish clearer tax rules for digital assets, a long-sought priority for the crypto industry as regulatory uncertainty has weighed on institutional…
The Sept. 15 vote only opens debate, but the CLARITY Act's 60-vote threshold is an immediate test of whether it can advance through the Senate.
A bipartisan divestment provision is now the linchpin of the first comprehensive federal crypto bill, tying the president's personal financial interests directly to the legislation's fate.
The calendar leaves the bill's immediate legislative timing unresolved, making procedural scheduling the key signal for policy and market watchers.
The Electronic Frontier Foundation argues the bill would build a surveillance and censorship regime that threatens privacy and free expression well beyond its stated child-safety remit.
The measure targets perceived conflicts of interest and seeks to reinforce confidence that lawmakers do not hold an unfair trading edge.
Law enforcement's reversal removes a significant political obstacle for the bill, signaling that crypto's regulatory framework debate is shifting toward consensus rather than confrontation.
A formal draft from Senate Banking would end years of piecemeal IRS guidance, replacing it with statutory rules on custody, DeFi, and reporting that the industry has lobbied for since 2022.
Eleanor Terrett, host of Crypto in America on Fox Business, declared on June 14, 2026 that a July 4 signing of the…
Bipartisan legislation from Gooden and Gottheimer would put the attorney general in charge of coordinating FBI, DOJ, Treasury and Homeland Security on stolen-crypto cases — filling the gap left when…
A House hearing on cryptocurrency taxation has laid bare a divide among lawmakers over how quickly Congress should move…
Ways and Means opened seven draft bills for discussion, but Democrats flagged mining-deferral abuse risks and Chairman Jason Smith's 'bipartisan' framing was met with only conditional buy-in.
U.S. House lawmakers are preparing to debate a set of crypto tax bills, marking what proponents describe as the "third…
The package touches every major corner of the on-chain economy — mining, staking, and small transactions all get explicit treatment, signaling tax code is finally catching up to the asset class.
Drafts cover staking, mining, de minimis exemptions, and stablecoin payments — the procedural posture is the signal, with a formal hearing before markup suggesting movement rather than messaging.