Senator Lummis Enacts Clarity Act to Regulate Crypto Exchanges and DeFi Platforms
3 Articles
3 Articles
Next FTX disaster is waiting to happen. Congress has the blueprint to stop it
America has a habit worth breaking: we invent a transformative technology, like semiconductors, let it drift overseas, and then spend decades and billions of dollars trying to bring it back. We are currently watching this script play out with digital assets, but we now have a rare, bipartisan window to rewrite the ending. This week, bill text that would regulate the industry for the first time was released by Sen. Cynthia Lummis (R-WY). The ques…
Senator Lummis Enacts Clarity Act to Regulate Crypto Exchanges and DeFi Platforms
Senator Cynthia Lummis has introduced the Clarity Act, aimed at regulating crypto exchanges, DeFi platforms, and crypto ATMs. The legislation seeks to close the DINO loophole, ensuring that these entities comply with the Bank Secrecy Act and relevant sanctions frameworks. For further details, see...
Crypto Markets Weigh Trump Iran Strike Pause, Regulatory Shifts and DeFi Developments
Crypto markets digested a flurry of geopolitical and regulatory headlines over the weekend, with traders balancing signs of de-escalation in the Middle East against tightening policy frameworks and protocol-specific developments across DeFi and staking. The most consequential macro catalyst came from Washington. Axios, citing two sources, reported that President Trump on Friday instructed the U.S. military not to carry out any new airstrikes on …
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