CLARITY Act Faces New Senate Threat Over Trump Crypto Gains

A new Senate Banking Committee minority staff analysis renews Democratic objections that the CLARITY Act preserves pathways for President Donald Trump to profit from crypto ventures after financial disclosures showed about $1.4 billion in 2025 crypto earnings. The latest findings could further complicate the bill’s prospects before a Senate vote. New Senate Analysis Examines Trump’s … Read more

Ripple Warns Senate: Voting Against CLARITY Act Leaves Crypto Users Exposed to FTX-Style Risks

Ripple executives are pressing senators to support the CLARITY Act, arguing that rejecting the digital asset legislation would preserve regulatory gaps that leave consumers vulnerable to misconduct, uncertainty, and risks similar to those exposed by the FTX collapse. Ripple Urges Senate to Treat CLARITY Act Vote as a Consumer Protection Decision Ripple’s global co-head of … Read more

US Lawmaker Pushes Crypto Developer Protections as Senate Weighs CLARITY Act

U.S. Senator Ron Wyden urged Senate leaders to preserve legal protections for non-custodial blockchain developers in the Digital Asset Market Clarity Act, drawing crypto policy support while leaving his final vote on the bill uncertain. Why Is Wyden Pushing to Preserve Developer Protections? U.S. Senator Ron Wyden (D-OR) sent a letter on July 8 to … Read more

US Senator Seeks Memecoin Ban for Trump and Elected Officials After $636 Million Disclosure

A renewed ethics fight over President Donald Trump’s cryptocurrency earnings has sharpened as U.S. Senator Kirsten Gillibrand pushes to ban elected officials from profiting from digital assets they create or promote while in office. Why Trump’s Crypto Earnings Intensified the Ethics Debate U.S. Senator Kirsten Gillibrand (D-NY) renewed her push on July 3, 2026, to … Read more

Senate Could Unveil Crypto Tax Bill by Fall 2026 as CLARITY Act Push Continues, GOP Senator Daines Says

Senate lawmakers could release cryptocurrency tax legislation as early as this fall, Sen. Steve Daines (R-Mont.) said, with the Montana Republican stating that a framework is already in place and broadly aligned with a parallel House effort. A Framework Already in Place Senate lawmakers working on cryptocurrency tax rules may be ready to act “sooner … Read more

CLARITY Act Gets New Push as Senator Ties Crypto Rules to US Dollar Power

Senate Banking Committee Chairman Tim Scott renewed support for the CLARITY Act as he tied stablecoins to U.S. dollar strength. His comments put crypto market rules, consumer protection, and AI oversight at the center of the Senate Banking Committee’s financial policy agenda. Scott Links CLARITY Act Push to USD Dominance and Crypto Rules Senate Banking … Read more

Crypto-Backed Super PACs in Focus as Lawmakers Push $5,000 Donation Cap

The Abolish Super PACs Act, introduced in the House and Senate, would cap individual super PAC donations at $5,000 amid growing concerns over crypto-backed campaign spending and other independent election expenditures. Super PAC Cap Would Reshape Election Spending U.S. Representative Summer Lee and Senator Bernie Sanders unveiled the Abolish Super PACs Act in an announcement … Read more

Sen. Warren Accuses OCC of Granting Illegal Charters to Coinbase, Ripple, and 7 Others

Sen. Elizabeth Warren sent a formal letter to OCC Comptroller Jonathan Gould on May 18, 2026, accusing the agency of illegally granting national trust charters to at least nine crypto companies and demanding full records by June 1. Warren Targets OCC Over Crypto Bank Charters That Allegedly Bypass Federal Safeguards Elizabeth Warren, the ranking member … Read more

Schumer Says Democrats Want a Good Crypto Bill as CLARITY Act Enters Key Phase

Senate Minority Leader Chuck Schumer wants “a good crypto bill to pass,” signaling potential bipartisan openness as U.S. lawmakers race to finalize two major digital asset laws in 2026. FROM OPPOSITION TO OPENNESS Schumer’s comment came during what has been a turbulent stretch for U.S. crypto legislation. Earlier in the debate over the GENIUS Act … Read more

CLARITY Act Vote Faces Scoring Pressure Ahead of Senate Banking Markup

Senate Banking Committee members face scorecard pressure as Stand With Crypto plans to score recorded CLARITY Act markup votes. The group says it represents more than 2.9 million U.S. advocates. Senate Banking Markup Puts CLARITY Act Scorecard in Focus Senate Banking Committee members face new scorecard pressure ahead of the May 14 CLARITY Act markup. … Read more

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