Legislation

American Bankers Association CEO Rob Nichols urged bank leaders to lobby against a stablecoin yield provision in the Digital Asset Market Clarity Act ahead of Thursday’s Senate markup.

After nearly a year of delays, the Senate Banking Committee scheduled a markup of the CLARITY Act for May 14.

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.

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

Paraguay’s tax authority now requires residents and crypto platforms to report nearly all digital asset transactions over $5,000, including wallet addresses and transaction hashes, aiming to integrate cryptocurrencies into the national tax system while raising privacy concerns.

U.S. crypto legislation has hit a fresh impasse after major banks rejected a compromise brokered by the White House.

Michigan introduced legislation that would allow classified state civil service employees to receive their wages in Bitcoin.

U.S. Treasury Secretary Scott Bessent is urging lawmakers to deliver crypto legislation to President Donald Trump’s desk for signature this spring.

The Senate’s crypto market structure bill is likely to be pushed back for weeks after Coinbase withdrew its support, prompting the Banking Committee to shelve the legislation and pivot to housing priorities.