Summer Mersinger, former CFTC commissioner and current CEO of the Blockchain Association, announced she will step down on October 16, with former CEO Kristin Smith returning as interim leader. The departure comes shortly after the Senate blocked the CLARITY Act.
Following the Senate's failure to advance the CLARITY Act, the Securities and Exchange Commission and Commodity Futures Trading Commission issued new regulatory guidance for cryptocurrency developers and markets, with the CFTC submitting a proposed framework to the White House for review.
The U.S. Commodity Futures Trading Commission submitted new crypto market structure rulemaking to the White House just two days after the Digital Asset Market Clarity Act failed in the Senate by a 49-50 vote. The regulatory move shifts U.S. crypto policy from Congress to federal agencies acting under existing authority.
President Donald Trump agreed to new ethics language in the cryptocurrency regulation bill that would bar public officials from issuing or sponsoring digital assets, with enforcement by state attorneys general. The concession comes as Senate Republicans seek Democratic support for the Clarity Act ahead of a key Tuesday vote.
The Senate failed to advance the Digital Asset Market Clarity Act on Tuesday, falling short of the 60 votes needed for cloture despite last-minute ethics provisions added to address Democratic concerns about federal officials profiting from cryptocurrency. Republicans rejected a Democratic counteroffer ahead of the vote.
President Trump agreed to a significant portion of a stringent ethics proposal embedded in a broader cryptocurrency bill headed for a key Senate vote, according to Republican senators. The provision bars public officials from profiting from crypto holdings.
Britain's Electoral Commission is reviewing stricter spending limits for political parties, potentially hampering Reform UK's ability to deploy its record £72 million in donations from crypto-billionaires including Christopher Harborne. The review comes as Nigel Farage's party faces questions about how it can use the unprecedented funding.
Chuck Schumer convened Democratic caucus Sunday evening to discuss the Digital Asset Market Clarity Act before Tuesday's procedural vote. Trump reportedly met with advisers Friday to discuss ethics provisions in the bill.
Ben Delo donated £36M on Friday and Christopher Harborne matched it Saturday, making the largest single donations in British political history. The UK government criticized the crypto-linked contributions.
Nigel Farage's Reform UK party received two £36 million donations within 24 hours from cryptocurrency billionaires Ben Delo and Christopher Harborne, representing the largest political donations in British history.
BitMEX co-founder Ben Delo and Tether investor Christopher Harborne each donated £36 million to Nigel Farage's Reform UK party within 24 hours, representing the largest single donations in British political history. The combined £72 million ($97 million) is intended to help the insurgent party prepare for the next general election.
The Senate is set to vote on the CLARITY Act on September 15, a major cryptocurrency regulation bill affecting 67 million American crypto holders. Republicans need approximately 10 Democratic crossovers to pass the legislation before the 2026 midterm elections, with failure potentially impacting crypto prices.
Sen. Cynthia Lummis released revised text of the Clarity Act on Thursday with changes to DeFi and credit union provisions as the Senate prepares for a procedural vote on the crypto regulation bill next week. The crypto industry has escalated lobbying efforts ahead of the September 15 vote.
Major exchange operators Nasdaq and Boerse Stuttgart, along with other finance and crypto industry groups, are calling on the European Union to scrap or significantly raise its proposed 100 million euro cap on tokenization trials, arguing the limit is too restrictive.
The National Sheriffs' Association withdrew its opposition to the CLARITY Act and adopted a neutral position ahead of a scheduled Senate vote, removing a prominent law enforcement objection to the digital asset legislation though not endorsing it.
The National Sheriffs' Association shifted from opposing to neutral on the Digital Asset Market Clarity Act, removing a key obstacle to the crypto market structure bill. House sponsor French Hill says the Senate may now have votes to pass the legislation.
House Republican leaders canceled eight voting days in September, including the final two weeks of the session, leaving little time for consideration of the CLARITY Act before the chamber leaves Washington on Sept. 17. The Senate is scheduled to hold its first vote on the crypto legislation on Sept. 15.
SEC Chairman Paul Atkins has expressed confidence that the Senate will hold a procedural cloture vote on the CLARITY Act on September 15, with the crypto regulatory framework legislation expected to advance this month. The bill aims to provide regulatory clarity for digital assets in the U.S.
Nvidia has established a federal political action committee funded by employees, filing a statement of organization Thursday. The move aims to strengthen the company's influence on U.S. policy as governments debate artificial intelligence regulations that could significantly impact the AI industry.
The American Bankers Association is lobbying for regulations requiring stablecoin users to open accounts before redemption and seeking changes to stablecoin reward provisions in the Clarity Act, citing concerns about community bank deposits despite evidence showing deposit growth.
The Blockchain Association filed a letter supporting proposed GENIUS Act regulations while asking five U.S. agencies to clarify that customer identification requirements should apply only to direct issuer relationships, not peer-to-peer transfers or secondary markets. The industry group argues this approach would reduce compliance costs for stablecoin issuers while maintaining regulatory oversight.
The Hyperliquid Policy Center has submitted a formal request to the SEC and CFTC calling for harmonized classification standards for perpetual contracts based on economic structure rather than underlying asset type. The advocacy group argues that clearer, unified rules are needed as regulators consider how these derivatives products should be classified under US law.
Pro-crypto advocacy group Stand With Crypto released endorsements for 32 US House incumbents including Republican Warren Davidson and Democrat Ritchie Torres as it ramps up political influence efforts ahead of midterm elections.
The U.S. Securities and Exchange Commission published proposed Regulation Crypto rulemaking to establish a framework for crypto tokens and capital raising, moving forward independently as the CLARITY Act remains on hold in the Senate. Coinbase CEO and others are urging passage of the CLARITY Act by September 15 to define regulatory roles between the SEC and CFTC.
President Donald Trump met with cryptocurrency and traditional finance executives at the White House to discuss the Clarity Act, a federal regulatory framework for the crypto market. Trump appeared optimistic about advancing the legislation, which represents a major priority for establishing US digital asset dominance.
The Securities and Exchange Commission unveiled its first crypto-specific fundraising framework in 90 years, offering exemptions up to $75 million for tokenized securities. The proposal comes as President Trump hosted crypto executives and urged Congress to pass the CLARITY Act, with a Senate vote scheduled for September 15.
The Securities and Exchange Commission has proposed a new regulatory framework called Reg Crypto that could provide a formal path for hundreds of existing tokens to exit investment contract status. The proposal coincides with President Trump hosting cryptocurrency executives at the White House, though the framework faces potential challenges without congressional legislative backing.
The 2026 midterm elections are being reshaped by record corporate spending from cryptocurrency, AI and betting firms, while a populist backlash against data centers forces campaigns to recalibrate. Progressive primary wins and debates over affordability plans are further scrambling the political landscape ahead of November.
President Donald Trump called on Congress to pass the Clarity Act during a White House meeting with crypto and finance executives, framing the market structure legislation as essential to maintaining U.S. technological leadership over China. Bitcoin and crypto-related stocks surged following the announcement.
President Donald Trump called on Congress to pass a 'fair version' of the CLARITY Act during a White House meeting with cryptocurrency and finance executives. The crypto market structure bill faces a 60-vote threshold in the Senate, with Trump positioning it as key to maintaining U.S. technological leadership over China.
President Donald Trump is expected to attend a White House meeting on August 19 with executives from major cryptocurrency companies including Coinbase, Ripple, Kraken, Gemini, Robinhood, and prediction market firms. The meeting kicks off a week of regulatory discussions involving the SEC and CFTC.
President Donald Trump is expected to participate in an August 19 White House meeting with executives from major crypto and prediction-market companies including Coinbase, Ripple, Andreessen Horowitz, Chainlink, and Kalshi. The meeting comes as bitcoin and crypto prices have struggled through 2026 despite Trump's support for the industry.
The Securities and Exchange Commission has postponed its planned innovation exemption for tokenized securities and abruptly canceled an August 14 meeting where crypto reform rules were expected to be considered. The delays come amid concerns from Wall Street and the White House, and as Senate recess weakens momentum for the Clarity Act.
Citigroup CEO Jane Fraser expressed support for the Clarity Act, calling it a positive outcome for the financial system, even as banks continue lobbying to change provisions that would ban yields on stablecoin holdings while allowing transaction-based returns.
With the CLARITY Act delayed in the Senate, both the SEC and CFTC are advancing their own cryptocurrency regulatory frameworks. The SEC proposed 'Regulation Crypto Assets' on August 18, while the CFTC scheduled its inaugural Innovation Advisory Committee meeting for August 20 to examine crypto regulation, as the White House prepares to meet with industry executives.
The UK's Crypto and Digital Assets All-Party Parliamentary Group has written to chief executives of all major UK banks requesting they explain their policies on providing services to cryptocurrency companies, warning that service denials threaten industry growth.
Mark Esper, former U.S. Defense Secretary and Coinbase adviser, called on the Senate to pass the CLARITY Act in a Financial Times op-ed, arguing that digital asset regulation is essential to counter threats from China and North Korea. The appeal comes as Senate Majority Leader John Thune filed a motion to proceed on the bill, setting up a procedural vote for September.
Senate Majority Leader John Thune filed a procedural motion to advance the Digital Asset Market Clarity Act on August 8, setting up a potential September 15 vote, but the Senate then departed for August recess without holding the vote, reducing the bill's chances of passing before midterm elections.
A bipartisan ethics proposal within the crypto market structure bill being pitched to President Donald Trump could create a significant tax benefit for the president by allowing him to defer taxes on his cryptocurrency holdings rather than requiring immediate divestment.
The U.S. Senate postponed a vote on the Digital Asset Market Clarity Act until September after Democrats withheld consent needed to bring the crypto market structure bill to the floor before the August recess. Senate Majority Leader John Thune filed a motion to proceed, setting up a procedural vote when Congress returns.
U.S. Representative Shri Thanedar was defeated by progressive challenger Donavan McKinney in Michigan's 13th Congressional District Democratic primary, marking a rare loss for crypto-backed political action committees despite over $2 million in support. The race drew national attention as a test of crypto industry political influence and progressive organizing power.
Bitcoin and major cryptocurrencies remained range-bound near $64,000 and failed to participate in broader market rallies driven by US-Iran diplomatic progress and renewed AI optimism, while crypto-backed congressional candidate Shri Thanedar lost his primary despite $2 million in industry support.
The Senate's cryptocurrency market structure legislation, known as the CLARITY Act, faces a tight timeline for a vote before the August recess, with Senate Majority Leader John Thune indicating an initial vote is expected but the bill reportedly remains seven votes short of the 60 needed for passage. The White House is reviewing the latest draft as bipartisan negotiations intensify.
The cryptocurrency industry has invested close to $200 million in the November 2026 midterm elections, with crypto-backed PACs like Fairshake helping pro-crypto candidates win primary races in Michigan and Washington. The spending includes over $2 million in Michigan's 13th Congressional District alone.
The cryptocurrency industry has invested close to $200 million in the November 2026 midterm elections, with crypto-backed PACs like Fairshake helping pro-crypto candidates win primary races in Michigan and Washington. The spending includes over $2 million in Michigan's 13th Congressional District alone.
The Digital Asset Market Clarity Act faces likely failure to advance before the Senate's August recess, with the White House reviewing the latest draft but procedural deadlines passing. Analysts are split on whether missing the deadline would hurt or help crypto markets.
The Blockchain Association countered claims by the National Sheriffs' Association that cryptocurrency legislation would hinder law enforcement, while the Major Cities Chiefs Association voiced support for the bill as lawmakers push for passage.
The Digital Asset Market Clarity Act remains stuck in the Senate despite clearing the House and Senate committee, with Republican Senator Cynthia Lummis criticizing Democrats for delaying the 600-page bill that includes over 100 compromises from 11 months of negotiations.
The U.S. Senate postponed consideration of the crypto Clarity Act to prioritize a Russia sanctions package, federal nominations, and other legislative business. The delay pushes the bill's next likely window toward September as the August recess approaches.
Goldman Sachs CEO David Solomon endorsed the Digital Asset Market Clarity Act on July 23, splitting from major banking trade groups who oppose the bill's stablecoin provisions. Solomon argued the legislation would provide needed regulatory certainty.
The Senate's CLARITY Act, a major cryptocurrency regulatory framework bill, is expected to miss its vote before the August recess despite industry pressure. The legislation has become mired in controversy over provisions that would ban federal officials, including presidents, from issuing digital assets—a measure targeting concerns about President Trump's crypto holdings.
Crypto trade association The Digital Chamber filed a lawsuit on July 21, 2026, seeking to block Illinois' Digital Asset Tax Act, which imposes a 0.2% tax on digital asset transactions. The organization argues the law unconstitutionally discriminates against blockchain-based commerce by taxing transaction value rather than profits or gains.
Protect Progress PAC, funded largely by Ripple Labs and Coinbase, has spent more than $2 million on ads supporting Rep. Shri Thanedar and opposing challenger Donavan McKinney in Michigan's 13th Congressional District Democratic primary ahead of next week's election.
President Donald Trump is scheduled to meet with Republican senators at the White House on Thursday afternoon to address the final obstacle to passing the Digital Asset Market Clarity Act: an ethics provision concerning Trump's $1.4 billion in crypto income. Senate Democrats are threatening to block the bill without stronger conflict-of-interest protections before the August recess deadline.
President Donald Trump held a meeting with senators on Thursday, July 16, 2026, to address the ethics provision in the Clarity Act that would limit officials' personal involvement in cryptocurrency business—the last major obstacle to passing sweeping crypto market structure legislation. The provision has drawn scrutiny given Trump's reported $1.4 billion in crypto holdings.
Patrick Witt, the White House's lead crypto policy adviser, will begin months-long Army National Guard training on July 27, handing the CLARITY Act's final push to his deputy as the bill nears a Senate vote before August recess.
Multiple investigations reveal connections between Reform UK leader Nigel Farage's biggest donor and the cryptocurrency company Tether, the world's largest gold purchaser, while separate reports expose far-right political operations running from Montenegro. The controversy intensifies amid Farage's comments on Ann Widdecombe's death.
Senator Elizabeth Warren and Democrats are pushing for ethics restrictions in the cryptocurrency Clarity Act as it heads to the Senate floor, citing President Trump's estimated $1-1.4 billion in crypto holdings as a conflict of interest. The White House is pressuring the Senate to pass the bill within 24 days before the August recess.
Cryptocurrency companies have spent $189 million on the 2026 U.S. midterm elections, making the crypto industry the single largest corporate political spender in American politics and surpassing their total spending from the entire 2024 election cycle, according to a Public Citizen report.
The Independent Community Bankers of America, representing thousands of small and mid-sized U.S. banks, is launching an advertising campaign warning of digital asset risks and targeting specific stablecoin reward language in the Clarity Act, escalating tensions between traditional banking and cryptocurrency sectors.
A survey by Digital Currency Group and The Harris Poll reveals that 40% of US voters now consider cryptocurrency a major issue for the 2026 elections, prompting lawmakers like Senator Tim Scott to warn that the US risks losing its leadership in digital assets without clear regulations.
A House committee hearing on six to seven GOP-backed cryptocurrency tax bills revealed sharp divisions between Republicans and Democrats over proposals to exempt staking and mining rewards from taxation and other digital asset tax reforms. Democrats questioned whether the legislation would unfairly favor crypto over traditional investments.
Stand With Crypto and more than 200 companies and organizations sent a letter to Senate Majority Leader John Thune and Minority Leader Chuck Schumer on June 7, 2026, pressing them to bring the Digital Asset Market Clarity Act to the Senate floor for a vote.
Senator Elizabeth Warren demanded records from the CFTC regarding staff departures and oversight of prediction markets and crypto firms, calling the agency 'steamrolled,' as the House Ways and Means Committee separately weighs multiple crypto tax relief bills including provisions for stablecoins.
A new cryptocurrency-focused political action committee called Defend Developers PAC (DDPAC) launched on June 3, 2026, with the mission of supporting lawmakers who seek to shield software developers in the crypto and blockchain sectors from legal vulnerabilities and regulatory uncertainties.
White House crypto adviser Patrick Witt and Treasury Secretary Scott Bessent are urging the Senate to pass the Clarity Act crypto market structure bill, while 160 former law enforcement and national security officials signed a letter supporting the legislation. The bill faces a tight congressional calendar as the Senate resumes floor negotiations.
CFTC Chair Michael Selig stated the agency is correcting what he called a flawed enforcement action against Gemini Space Station, the Winklevoss brothers' crypto exchange, alleging the case represented political 'lawfare' and attempting to undo a 2025 settlement.
Cryptocurrency political action committees, led by Fairshake PAC, went undefeated in June 2026 primary elections, securing victories for 11 candidates across both parties. Winners included Democrats Zoe Lofgren, Ted Lieu, Dave Min, and Rob Menendez, as well as Republican Sen. Mike Rounds, with Democrats accounting for 10 of the 11 victories.
Treasury Secretary Scott Bessent told the Senate Finance Committee that the Trump administration is moving at a 'deliberate speed' to establish a strategic bitcoin reserve and urged Congress to pass the Clarity Act by summer, as the bill faces competition for limited Senate floor time.
Galaxy Digital has opened an over-the-counter prediction markets trading desk for institutional investors, executing its first trade—a $10 million bet with hedge fund Arca on the passage of the CLARITY Act, U.S. crypto legislation.
The US Senate is advancing stablecoin legislation through the Clarity Act while blocking CBDCs, as Andreessen Horowitz urges the Treasury to establish uniform stablecoin regulations under the GENIUS Act to preserve token fungibility and enable payment innovation.
The U.S. Securities and Exchange Commission released its strategic plan for 2026-2030 highlighting digital assets and blockchain as key regulatory priorities, while the Senate prepares to vote on the CLARITY Act this month amid warnings that delays could push comprehensive crypto regulation to 2030.
The cryptocurrency industry has rapidly grown into a significant political force in American elections, spending millions on campaigns, while House Financial Services Committee Chair Rep. French Hill discusses outstanding tokenization policy issues in recent interview.
JPMorgan Chase CEO Jamie Dimon sharply criticized Coinbase CEO Brian Armstrong and the crypto industry's Clarity Act legislation, prompting Senate Banking Subcommittee Chair Cynthia Lummis to call his remarks 'distasteful' and claim he hasn't read the bill. The clash highlights escalating tensions between traditional banking and crypto interests in Washington.
Political action committees funded by the cryptocurrency industry, including Fairshake PAC which invested $20 million, achieved victories in three US state primary elections on Tuesday, potentially establishing a pattern for the 2026 midterm elections.
The U.S. Senate Banking Committee voted on May 14, 2026 to advance the Clarity Act, a comprehensive cryptocurrency regulation bill, marking the first major legislative progress for the crypto industry. The approval came despite minority staff releasing a national security advisory warning the bill fails to address vulnerabilities exploited by criminals and foreign adversaries.
Coinbase, Kraken, and Gemini are pushing lawmakers to eliminate provisions in the CLARITY Act that would bar listing of digital assets at risk of manipulation, seeking to ease restrictions on risky asset trading.
The Senate Banking Committee has set May 14, 2026 as the date to mark up the Digital Asset Market Clarity Act, a major cryptocurrency market structure bill, despite resistance from banking lobby groups who rejected a compromise on stablecoin yield provisions.
Coinbase and Senate leaders finalized a deal on stablecoin reward provisions, resolving a standoff with the banking lobby. The compromise prohibits rewards that mimic bank deposits while allowing 'bona fide' transactions, clearing a key obstacle for the CLARITY Act's advancement.
Canada's Bill C-25, the Strong and Free Elections Act, cleared second reading with Conservative support and heads to committee. The legislation would prohibit cryptocurrency contributions to political campaigns, even as the country expands oversight of stablecoins and digital asset markets.
The DeFi Education Fund, joined by a16z crypto, Uniswap, Chainlink, Paradigm, Solana Policy Institute, and 30+ other organizations, formally petitioned the SEC to lock in recent decentralized finance interface guidance into official rulemaking.
More than 100 cryptocurrency companies and industry organizations sent a letter to the US Senate Banking Committee urging action on the CLARITY Act market structure bill. The legislation faces mounting delays over stablecoin yield provisions, with limited floor time remaining in 2026.
California Representatives Sam Liccardo and Young Kim introduced bipartisan legislation that would grant certain nonbank providers, including crypto firms, access to the Federal Reserve's payment infrastructure.
Senator Bernie Moreno warned at a Washington event that the CLARITY Act must clear Congress by end of May or risk being shelved until 2030. His statement moved Polymarket odds of 2026 passage from 38% to 46%.
Cantor Fitzgerald contributed $10 million to the Crypto Fellowship PAC, which is led by Tether's head of government affairs and has disclosed $11 million in total funding. The committee spent $3 million on advertising through a firm co-founded by Tether US CEO Bo Hines.
The Trump administration backed a proposal for stablecoin issuers to offer yield to investors, drawing pushback from the American Bankers Association which disputes White House claims that stablecoin yield doesn't threaten bank deposits.
Coinbase CEO Brian Armstrong publicly supported passing the CLARITY Act after Treasury Secretary Bessent urged Congress to advance the crypto bill, reversing the company's earlier withdrawal of support over stablecoin reward provisions.
White House Council of Economic Advisers released analysis finding that banning stablecoin yield products would boost community bank lending by only 0.02% while imposing significant costs on consumers, countering banking industry lobbying efforts in the CLARITY Act debate.
