Senate

A Warren banking aide says the incoming Senate Banking chair will target prediction markets' "Wild West-style lack of oversight," after she and Sen. John Curtis pressed Kalshi and Polymarket on election trading.

TD Cowen says a Democratic sweep would stall the CLARITY Act, while regulators keep advancing rules that favor the crypto sector.

The Blockchain Association asked congressional leaders Thursday to pass bipartisan crypto tax legislation, but with the Clarity Act near dead, the House bill stripped of mining and staking relief, and Congress out until after the midterms, the ask lands with little room to move.

Senate Democrats have rejected the ethics provision in the latest Clarity Act draft in blunt terms, and Majority Leader John Thune cast doubt on...

Goldman Sachs CEO David Solomon endorsed the Clarity Act, breaking with much of the banking industry as Senate Republicans push the crypto market-structure bill despite mounting opposition over stablecoin yield provisions and ethics concerns.

Senate Republicans unveiled a revised Clarity Act that adds a temporary ban on top federal officials issuing or sponsoring digital assets while preserving key pro-crypto provisions.

Senate negotiators say the Clarity Act is "almost there" as Treasury Secretary Scott Bessent calls it the "1-yard line," with lawmakers racing to pass the crypto market-structure bill before the August recess.

Coinbase's Ryan VanGrack said the Clarity Act is gaining strong Senate momentum and argued it would bring long-awaited federal rules, stronger consumer protections, and regulatory clarity to the crypto industry.

The Senate unanimously approved a nonbinding resolution declaring that former FTX CEO Sam Bankman-Fried should "under no circumstances" receive a presidential pardon or commutation.

President Trump will meet senators as negotiations over the CLARITY Act's ethics provisions threaten the bill's chances of passing before the August recess.