Latest updates, press releases, and insights from the volatile world of digital assets.
Senator Kirsten Gillibrand has proposed barring members of Congress, the president, and their spouses from issuing or sponsoring digital assets like memecoins, citing concerns over potential conflicts of interest amid recent financial disclosures
The National Organization of Black Law Enforcement Executives endorsed the bill, while the Major County Sheriffs of America moved to a neutral position on key provisions, easing concerns over enforcement capabilities as senators prepare for a potential floor vote
The probability of the CLARITY Act becoming law in 2026 has fallen to even odds according to Galaxy Research, as limited floor time before the August recess and lack of public progress weigh on the bill's prospects
Law enforcement associations and Catholic organizations have raised concerns over provisions in the CLARITY Act, arguing that exemptions for non-custodial developers may weaken tools used to combat illicit finance, human trafficking, and other crimes
Senate Democrats are pressing for investigations into a reported $500 million investment by UAE-linked entities in World Liberty Financial, citing potential conflicts of interest and national security implications following subsequent U.S. policy decisions favoring the Gulf nation
Ripple's Brad Garlinghouse directly challenged JPMorgan Chase CEO Jamie Dimon’s opposition to the CLARITY Act, highlighting the bank’s $20 billion payments business and the massive opportunity for digital assets in global finance
The crypto industry has mobilized with a strong letter to Senate leaders calling for immediate action on the Digital Asset Market Clarity Act. With bipartisan committee approval already secured, industry groups warn that further delays risk losing U.S. leadership in digital assets as legislative time runs short ahead of midterms
Economist Peter Schiff has pushed back against JPMorgan CEO Jamie Dimon's demands for bank-style rules on stablecoin issuers, highlighting key differences in their business models amid ongoing debates over the CLARITY Act
Over 160 former national security and law enforcement officials have joined the Blockchain Association in calling on the US Senate to advance the CLARITY Act, arguing the legislation provides critical tools to combat illicit finance while bringing digital asset markets under clear American rules and oversight
Asset manager Grayscale has outlined which blockchain networks stand to gain the most from expected U.S. regulatory improvements. The firm points to established leaders in tokenized assets, stablecoins, and decentralized finance as primary beneficiaries of the proposed CLARITY Act and related guidance
