Key Highlights The legislative setback facing the Clarity Act is not expected to halt cryptocurrency mergers and acquisitions, according to industry bankers and investors. M&A activity is anticipated to follow an uneven trajectory, with deals progressing in well-regulated sectors while targets tied to ambiguous token classifications face hurdles. Federal regulators are stepping in with independent ...
Key Highlights: The company behind the $TRUMP meme coin, Fight Fight Fight LLC, announced a November 22 dinner offering access to the top 185 token holders based on a November 12 time-weighted snapshot. The promotional event follows the Senate’s 49-50 failure to advance the Clarity Act, where ethics rules surrounding Donald Trump’s crypto ventures were ...
Key Highlights: The defeat of the Clarity Act stalls long-sought comprehensive regulatory oversight for the cryptocurrency market after years of failed legislative attempts dating back to the Token Taxonomy Act of 2018. Legislative progress faces a critical reset ahead of the incoming Congress due to the retirements of key architects, including digital asset subcommittee chair ...
Key Highlights The cryptocurrency market remained notably resilient and rallied after the U.S. Senate killed the proposed CLARITY Act. Bitcoin climbed roughly 8% and Ether advanced about 7% over a two-week span following the legislative development. Altcoins experienced significant momentum, with NEAR surging nearly 104% and Uniswap gaining close to 49%. Crypto Markets Post Strong ...
Key Highlights: The GENIUS Act prohibits issuers from paying yield tied solely to holding, using, or retaining payment stablecoins, but third-party incentives remain an opportunity. Coinbase and Kraken retain licensing and brokerage advantages under the existing state-based system. SEC relief allows qualifying tokenized-stock venues to test automated market makers and liquidity pools for five years, ...
Key Highlights Stand With Crypto endorsed candidates after the U.S. Senate failed to advance the CLARITY Act. The organization plans to increase advertising in six House races, including North Carolina Democrat Don Davisās race. Stand With Cryptoās endorsed candidates are divided roughly equally between Democrats and Republicans. Stand With Crypto Shifts Focus to Pro-Crypto Candidates ...
Key Highlights Critics have described the $TRUMP meme coin as a ācash grabā targeting Donald Trumpās crypto-savvy supporters. Support among 18-to-29-year-olds has fallen from more than 43% when Trump was elected to 19%, according to a recent Fox News poll. Investor Morten Christensen said Trumpās reputation had weakened, while Trumpās financial records show at least ...
Key Highlights The SEC issued an āInnovation Exemptionā two days after the CLARITY legislation failed. The exemption allows certain venues to trade tokenized U.S.-listed stocks onchain through automated market makers and liquidity pools. The SEC and CFTC are easing practical barriers as crypto technology and demand for round-the-clock digital markets continue to grow. SEC and ...
Key Highlights: Matt Hougan argues that stalled crypto legislation may have produced faster, more favorable regulatory outcomes for parts of the industry. Stablecoin rewards, tokenization and revenue-generating tokens have benefited from agency actions or existing regulatory gaps, he says. Agency guidance and exemptions can change more easily than legislation, creating a trade-off between speed and ...
Key Highlights The crypto industry failed to secure Senate passage of the Clarity Act, but the legislation advanced farther than any previous crypto bill. Industry advocates say bipartisan agreements reached during the Clarity negotiations could support a future legislative effort. Crypto lobbying is continuing as the SEC and CFTC develop new policy and regulatory proposals. ...
Key Highlights Donald Trump has not announced nominees to fill vacant leadership seats at the SEC and CFTC. A White House official said Trump intended to nominate members to both agencies āin the near future.ā Without the CLARITY Act, the SEC and CFTC are continuing to shape crypto regulation through agency rulemaking and guidance. SEC ...
Key Highlights: No Senate Democrat voted last week to advance the Clarity Act, according to the source. The legislation would have created rules for digital assets and aimed to reduce transaction costs for everyday Americans. The source argues that Democratic tax proposals would increase costs for overtime, tips and Social Security recipients. Clarity Act stalls ...