Senate Greenlights Crypto Bill, But Clarity Remains Elusive
The Senate just voted yes on a crypto bill. But before the champagne corks start popping, let's be clear: the crypto industry's quest for regulatory certainty is far from over.
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The Senate just voted yes on a crypto bill. But before the champagne corks start popping, let's be clear: the crypto industry's quest for regulatory certainty is far from over.
Another week, another CEO promises the moon. This time it's Ripple's Brad Garlinghouse, touting the CLARITY Act as the magic key to unlock a flood of institutional money into crypto. It’s the same old song, just with a new legislative chorus.
The Senate's markup of the U.S. Clarity Act, a significant piece of digital-asset legislation, is underway. Yet, the bitcoin market appears remarkably calm, ignoring the high stakes involved.
The Senate floor is becoming a digital gold rush of amendments, with over 100 proposed changes to a single crypto bill. It's a classic Washington dance: promise of progress, followed by a flurry of legislative chaos.
Crypto security just got a $120 million shot in the arm. Elliptic's new funding round, with heavy hitters like Nasdaq and Deutsche Bank in tow, highlights the booming demand for AI-driven vigilance in the Wild West of digital assets.
Bank of England Governor Andrew Bailey just dropped a not-so-subtle warning: the UK might be on the receiving end of a cross-border stablecoin crisis originating from the US. This isn't just a jurisdictional spat; it's a potential architectural vulnerability exposed.
Estonia's FSA has thrown down a marker, issuing an official investor warning for Zondacrypto. This move comes amid a swirling storm of withdrawal woes and a baffling case of missing private keys tied to a fortune in Bitcoin.
Crypto exchanges have reportedly waged an intense lobbying effort to scuttle a provision in the CLARITY Act that would have restricted the handling of risky tokens. The push appears to be working, with lawmakers eyeing swift passage of the bill.
Australian police have seized a staggering $4.1 million in Bitcoin connected to darknet markets. This action underscores a rapidly tightening regulatory grip on the nation's digital asset landscape.
Crypto custodian Taurus has officially set its sights on the European Union's capital markets, snagging a MiFID II license in Cyprus. This move aims to legitimize tokenized assets for institutional players.
The labyrinthine world of blockchain identity just got a lot more interesting. Sumsub and Chainlink have announced a partnership that promises privacy-preserving identity verification across major blockchains.
A new stablecoin bill is facing significant pushback from US banks. They argue it still misses a critical loophole that could destabilize bank deposits, despite assurances of bipartisan progress.