White House Officials Say Clarity Act Unlikely to Pass This Year, Regulatory Push Accelerates
Prefer us on GoogleWhite House crypto advisor Patrick Witt and Treasury official Luke Pettit stated at the CoinDesk policy and regulatory event that the chances of the Clarity Act passing Congress this year are slim, with a rather cold atmosphere in Congress. The focus will shift to regulatory agencies. The SEC and CFTC have made progress and will move forward with regulation under their existing authorities, emphasizing that there is no time to waste. Meanwhile, the Treasury is drafting implementation guidelines for the GENIUS Act regarding stablecoins.
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like
Bernstein Research Report: Why Can Gold Still Surge to $5,700 Even with Continued Rate Hikes by the Fed?
Masayoshi Son is borrowing money again, betting billions on OpenAI
Cryptocurrencies Will 'Devour' AI, Says Cardano Founder
Coinbase, Ripple, and a16z Fund Plan to Revive Clarity After Its Failure
Pi Network KYC and wallet fixes target over 900,000 users
Inside Coinbase’s $250 Billion Playbook for Post-Quantum Bitcoin Custody
The IMF opens an office in Venezuela to supervise an economy that has already migrated to USDT
Changes in SAS, crypto, and activity definition: the Government eases procedures to open a business
Zcash's shielded activity reached a four-year high
MicroStrategy CEO Says Jamie Dimon Is a Bitcoiner Behind the Scenes
The Link Between Bitcoin and Stocks Strengthened by ETF Effects
Trump Rejects Global AI Regulation at UN, Vows Not to Stifle Growth
Crypto: Russia Expects 10 Million New Users by 2027
MERGE Madrid 2026: Institutional Crypto Settles in Madrid
Prometheum details ownership rights for tokenized US stocks
Geo launches TikTok-style debates with CLARITY Act face-off
Nephos, Brinc bring crypto compliance support to GCC startups
Crypto firms still face full AML rules after CLARITY Act vote
Discord Cointribune: The New Crypto Hub of France?
Crypto: CME Launches Futures for Bitcoin Cash and Uniswap
Kalshi Ethereum Perpetual Futures Trading Volume 57% from Same Size Orders - CoinDesk
GameStop may have surrendered $31 million of Bitcoin upside with one options trade
EFG Holding Secures $40 Million Financing from EBRD to Support Small and Medium Enterprises in Egypt
AI Infrastructure Bottleneck: An Opportunity for Bitcoin Miners, According to Grayscale
NVDA Stock Rose for a Fifth Straight Day: Jensen Huang Says Sales Will Double Next Year
SOXL Stock Jumped 12% Yesterday: Three Companies Explain the Entire Move
Crypto: Kalshi accused of inflating its volumes with thousands of identical orders
South Korea targets November review for second stage crypto legislation
WEEX P2P now supports XOF, XAF & CDF—Merchant Recruitment Now Open
21Shares: Privacy coins grow nearly 5x in one year
Bernstein Research Report: Why Can Gold Still Surge to $5,700 Even with Continued Rate Hikes by the Fed?
Masayoshi Son is borrowing money again, betting billions on OpenAI
Cryptocurrencies Will 'Devour' AI, Says Cardano Founder
Coinbase, Ripple, and a16z Fund Plan to Revive Clarity After Its Failure
Pi Network KYC and wallet fixes target over 900,000 users
Inside Coinbase’s $250 Billion Playbook for Post-Quantum Bitcoin Custody
