CLARITY Act Draft Circulates Ahead of Potential Senate Vote, Report

Senate Banking Committee action on the CLARITY Act is reportedly moving closer, with draft text circulated to select industry members before a potential Thursday vote. Unresolved bracketed sections, stablecoin rewards, and ethics restrictions remain central issues. Senate Banking Draft Moves Toward Thursday Committee Vote The Senate Banking Committee is reportedly moving closer to action on … Read more

28,000 Americans Sign Petition Urging Senate CLARITY Act Markup

Stand With Crypto delivered a 28,000-signature petition to Washington, pressing the Senate Banking Committee to mark up the CLARITY Act. The campaign frames crypto regulation as a voter demand from organized digital asset owners. Key Takeaways: Stand With Crypto delivered a petition urging Senate action on the CLARITY Act. Supporters say regulatory delays leave users, … Read more

Senate Democrats Urge CFTC to Ban Sports and Election Contracts on Kalshi and Polymarket

A group of congressional Democrats sent the Commodity Futures Trading Commission (CFTC) a letter on Thursday demanding the agency issue rules banning event contracts on elections, war, military actions, sports, and government actions without an economic hedging interest. The letter was filed on the final day of the CFTC’s advance notice of proposed rulemaking comment … Read more

US Senate Bans Lawmakers From Betting on Prediction Markets

The United States Senate took decisive action on Thursday to prevent lawmakers from wagering on the very outcomes they influence by unanimously passing a resolution to ban sitting senators from participating in prediction markets. Key Takeaways: Sen. Bernie Moreno led the U.S. Senate to pass a unanimous ban on prediction market trading on April 30, … Read more

Senate Panel Clears Kevin Warsh 13-11, Setting up Fed Leadership Change Before May 15

The Senate Banking Committee voted 13-11 along party lines Wednesday to advance Kevin Warsh’s nomination as the next chair of the Federal Reserve, sending the pick to the full Senate for a final confirmation vote. Key Takeaways: The Senate Banking Committee advanced Kevin Warsh’s Fed Chair nomination 13-11 on April 29, 2026. Sen. Thom Tillis … Read more

Senate Democrats Warn SEC Crypto Exemptions May Undermine Investor Protections

SEC crypto guidance could narrow investor protections across major token categories, according to Senate Democrats. Warren and Van Hollen argue the approach may reduce oversight of crypto firms, common market activities, and future fundraising pathways. Key Takeaways: Warren and Van Hollen challenged SEC guidance they say could narrow crypto investor protections. The letter warns oversight … Read more

CLARITY Act Gains New Urgency as More Than 100 Crypto Organizations Urge Senate Action

Crypto market structure legislation is gaining urgency as U.S. industry groups press Congress to act. Faster movement on the CLARITY Act could shape regulation, investment, and America’s position in digital finance. Key Takeaways: Over 100 organizations back CLARITY Act, pushing faster U.S. crypto legislation. Coinbase, Ripple, and Circle among signatories warning delays risk weakening U.S. … Read more

Elon Musk’s X Money Sparks Elizabeth Warren Warning as Oversight Pressure Intensifies

Regulatory scrutiny is increasing around Elon Musk’s X Money as policymakers review digital payments and stablecoin developments. Senator Elizabeth Warren’s warning highlights concerns that Musk’s expansion into finance could pose risks across consumer protection and financial oversight. Key Takeaways: Warren flagged Elon Musk’s X Money launch as posing consumer and security risks. Concerns tie X … Read more

Treasury Secretary Pushes Clarity Act to Secure US Crypto Market Leadership

U.S. Treasury Secretary Scott Bessent intensifies calls for crypto legislation as SEC Chair Paul Atkins and lawmakers align, urging Congress to advance a stalled framework amid rising market scale, regulatory gaps, and global competition. Key Takeaways: U.S. Treasury Secretary Bessent urges Congress to pass the Clarity Act, citing a multi-trillion-dollar digital asset market. SEC and … Read more

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