Crypto Bill in Limbo as Stakeholders Ramp up Recess Efforts

Crypto bill in limbo as stakeholders ramp up recess efforts

A five-week wait on a crucial Senate vote on major cryptocurrency legislation has opened wide a window of opportunity for both advocates and opponents of the measure, which would flesh out in greater detail a regulatory framework for the still-nascent industry’s U.S. operations. Just before the Senate adjourned for its summer recess earlier this month, […]

Crypto Clarity Act Risks More Delay As Recess Looms

Lamakers will break for over one month this week — the Clarity Act may not get a vote before then. The long-awaited crypto Clarity Act may be further delayed as August recess fast approaches.  Despite optimism last week from top crypto companies — like Coinbase — and backing from top financial institutions, lawmakers appear to be prioritizing other bills to vote on before their five-week break starting Thursday or Friday.  Democratic Senator Eli…

Crypto negotiators sign on to bill to ban Trump-backed trust

Democratic Sens. Ruben Gallego, Ariz., and Angela Alsobrooks, Md., signed on to the bill, signaling a hardening of their position on an ethics provision in the CLARITY market structure bill.

Following Senate Delay, Crypto Bill has a Narrow Window to Become Law - Invest In Crypto News

The Digital Asset Market Clarity (CLARITY) Act is expected to be held for a cloture vote in September upon the US Senate’s return, but it still faces significant hurdles on the path to becoming law. Just before the Senate broke for a month-long recess last week, Majority Leader John Thune filed cloture for the crypto market structure bill to go to the floor for consideration. Lawmakers will return from recess on Sept. 14, but only have 14 days s…

Tether KPMG Audit, GENIUS Act Reserve Rules, and Crypto's 2026 Shakeout

Summary: On August 13, KPMG issued an unqualified opinion on Tether International's 2025 financial statements, confirming that reserves exceeded liabilities by $6.814 billion as of December 31, 2025, across a book of roughly $183.6 billion in token liabilities. Auditors counted the gold bars by hand. This is the examination critics have demanded since 2017, and it arrived in a year when more than 100 crypto projects shut down, went dark, or file…