The CLARITY Act got stuck in political limbo at the end of the business week until lawmakers return from their August recess, and Grayscale laid out a potential plan ahead for the US crypto industry if Congress ultimately fails to deliver the highly anticipated market structure this year. There’s no need to sugarcoat it: it […]
The delay of the US CLARITY Act announced at the end of the business week harmed several altcoins, but XRP’s price dipped the most among the larger caps. BTC and ETH managed to hold support on Friday, remaining above or at key milestones at $64,000 and $1,900. XRP, on the other hand, slipped to just […]
Just a day or so after it became known that the most anticipated crypto legislation in the US will not be voted on in August, more details have emerged on when it will hit the Senate floor. Senate Majority Leader John Thune has filed cloture on the motion to proceed to H.R. 3633, the Digital […]
The industry’s biggest legislation has faced yet another setback. The US Senate will not take up the crypto market structure bill before lawmakers leave Washington for the month-long recess, pushing the vote to September instead. Senate Majority Leader John Thune, speaking through a spokesperson, confirmed there will be no vote on the CLARITY Act in […]
Bitwise Chief Investment Officer Matt Hougan said the CLARITY Act could fail to pass this week, but that would not mean the end of the legislation or the crypto industry’s progress. The US Senate is scheduled to leave for its August recess on Friday, August 7, and return on September 14. Under Senate rules, lawmakers […]
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