Senate

Highlights: Senate passed H.R. 6644 by 85-5, advancing a broad housing affordability package. The CBDC restriction would remain effective through December 31, 2030. The House must approve the Senate amendment before the bill reaches Trump. The U.S. Senate approved a […]

Highlights: As the Senate’s time on the floor continues to grow tighter, Galaxy Research has lowered the chances of CLARITY Act passage to 60%. The firm believes that progress could be delayed because of the July deadline or unresolved amendments, […]

Highlights The Senate Banking Committee advanced the CLARITY Act in a 15-9 bipartisan vote on Thursday. Senator Cynthia Lummis called the vote a historic step for digital asset innovation. Crypto leaders, including Brian Armstrong and industry groups, praised the bill’s […]

Highlights: The Senate Banking Committee will review the CLARITY Act on May 14 after months of delays. The bill aims to create clearer U.S. rules for crypto firms, exchanges, and investors. A compromise on stablecoin yield helped revive talks, but […]

Highlights: Stablecoin yield rules could reduce revenue for Coinbase and other exchanges. Banks warn that stablecoin rewards may pull deposits away from traditional accounts. Lawmakers have not agreed on yield rules as they aim to pass the proposal before the […]

Highlights: The Delaware stablecoin bill introduces rules for issuers and service providers in the state. The bill requires full reserve backing to protect stablecoin users. Lawmakers introduced the bill to update the outdated banking laws in the state. Delaware lawmakers […]

Highlights: Senator Tim Scott said a compromise on stablecoin yield may arrive later this week. The CLARITY Act remains delayed because of disagreement over yield-bearing stablecoins. He said lawmakers are still discussing ethics, DeFi, and other key issues. A long-running […]

Highlights: Banks rejected the stablecoin rewards deal, and talks on the crypto market bill stalled again. Crypto companies say rewards help attract users, while banks fear that stablecoins could draw funds from deposits. Lawmakers are facing limited time to pass […]

Highlights: The housing package includes a CBDC ban that would block a digital dollar until 2030. Lawmakers advanced the bill with strong bipartisan support after an 84–6 Senate vote. The measure allows private dollar stablecoins if they protect privacy like […]

Highlights: JPMorgan says the CLARITY Act approval could improve crypto market confidence later this year. Senate disagreements over stablecoin rewards continue to delay a final vote. The proposed framework would clearly divide token oversight between the CFTC and the SEC. […]

Highlights: Heinen says the Box 3 reform must change before lawmakers move it forward in the Senate. The crypto tax plan would apply a 36% levy on annual gains even without asset sales. The Senate review will determine whether the […]

Highlights: The Senate Agriculture Committee advanced the CLARITY Act draft after a narrow party-line vote. The bill assigns crypto oversight between the SEC and CFTC while adding registration and customer protection rules. Senate Banking Committee delays and ethics disputes continue […]