CLARITY

U.S. lawmakers and White House officials said that clear crypto rules will determine whether the U.S. leads financial innovation, with Sen. Cynthia Lummis warning that another hostile administration could mean “game over” for sensible regulation.

Over 100 cryptocurrency firms and industry organizations are urging the U.S. Senate to move forward on long-delayed market structure legislation, cautioning that further delays could drive innovation and capital abroad.

Treasury Secretary Scott Bessent told a Senate panel Wednesday that passing comprehensive crypto legislation is vital to maintaining U.S. financial leadership.

Lawmakers in Washington are closing in on a final agreement over crypto talks and the Digital Asset Market Clarity Act.

Three finance and policy leaders urged Congress to pass the Clarity Act, a long-delayed bill that would establish U.S. rules for cryptocurrency and blockchain markets.

Trump met with Coinbase CEO Brian Armstrong before criticizing banks for blocking progress on U.S. crypto legislation.

The Senate Agriculture Committee advanced a crypto market bill 12-11 along party lines.

Coinbase CEO Brian Armstrong warned that major banks are lobbying to weaken President Trump’s crypto agenda by pushing Senate legislation that would ban stablecoin rewards.

In the U.S. Senate Banking Committee’s most recent version of the CLARITY Act, Bitcoin and crypto developers would be protected from being charged with operating an unlicensed money transmitting business moving forward — and retroactively.

The bills aim to define Bitcoin as a commodity, block a Federal Reserve issued CBDC, and regulate stablecoins while protecting decentralized assets.