Senate

Rep. French Hill urged the Senate to vote on the CLARITY Act before the August recess, arguing the bill would establish a transparent crypto market framework that addresses ethics concerns surrounding President Trump's digital asset ventures.

JPMorgan urged Congress to pass clear digital asset legislation with robust safeguards, warning that without robust oversight, crypto innovation could create shadow-banking risks and undermine financial stability.

Clarity Act enters a critical two-week stretch as Senate negotiators race to resolve disputes over Trump ethics provisions, law enforcement concerns, and market structure rules before a narrow pre-August recess window for a floor vote.

Galaxy Research cut its odds of the Senate passing the CLARITY Act to 50-50, citing dwindling time before Congress's August recess and mounting legislative uncertainty.

Congress has scheduled a July 17 hearing in New York on the CLARITY Act as momentum builds for the crypto market structure bill.

The U.S. Senate has passed a housing bill that includes a ban on a Federal Reserve-issued CBDC through 2030.

The full text of H.R. 8957 reveals that the proposed Strategic Bitcoin Reserve would impose a 20-year lock-up on federally held bitcoin.

Stand With Crypto and more than 200 companies and organizations sent a letter to the Senate urging them to schedule the Digital Asset Market Clarity Act for a full Senate vote.

Treasury Secretary Scott Bessent told the Senate Finance Committee that the Trump administration is moving forward with a Strategic Bitcoin Reserve and urged Congress to pass the BITCOIN Act and Clarity Act to solidify and expand the effort.

Coinbase's Faryar Shirzad says the CLARITY Act could mark crypto’s “Dodd-Frank Act moment,” as it heads toward a pivotal Senate vote this month.