The post CLARITY Act Set to Clarify Rules Across Three Crypto Areas, Hill Says appeared on BitcoinEthereumNews.com.
CLARITY-ACT News The CLARITY Act would bring clearer regulatory treatment to three specific areas of the digital-asset market, House Financial Services Committee Chairman French Hill said this week. According to his public remarks, passage of the bill would define how memecoin issuance, exchange-linked investment, and joint or pooled investment structures are governed under US law. Our reading of the statement frames it as an attempt to replace enforcement-by-litigation with written rules. For an altcoin market that has operated without a clear federal market-structure statute, the comments signal that lawmakers intend to codify which agency oversees which token category rather than leaving classification to case-by-case court decisions. Central to the CLARITY framework is the long-contested jurisdictional split between the Securities and Exchange Commission and the Commo
The post Coinbase News: Legal Chief Exits Before CLARITY Act Vote appeared on BitcoinEthereumNews.com.
Key Insights: Coinbase News turned to a major legal handover. Paul Grewal moved into an advisory role. The CLARITY Act stayed central to Coinbase’s policy push. Coinbase News centered on a legal handover after Paul Grewal said he would leave Coinbase’s top legal post on July 31. The move placed Molly Abraham and Ryan VanGrack into larger roles as Congress prepared to revisit crypto market rules. Reuters reported that Grewal would stay close to the exchange through an advisory role. The timing mattered because Coinbase tied its legal strategy to U.S. policy pressure. Coinbase News moved beyond staffing because Grewal shaped the exchange’s courtroom defense and Washington push. Coinbase News Tracks Legal Shift Before Senate Vote Reuters reported that Grewal would step down after six years at the exchange. Abraham, a Coinbase legal vice president, was set to become general counsel. Sourc
The post Senate Democrats Call for Hearings into Trump’s Ties to Crypto Amid CLARITY Act Discussions appeared on BitcoinEthereumNews.com.
Five Democratic senators have called for committee hearings “to investigate the national security implications of President Trump’s cryptocurrency holdings” as the chamber considers digital asset market structure legislation. In a Friday notice, the Democratic ranking members of five US Senate committees and subcommittees asked lawmakers to address President Donald Trump’s 2025 financial disclosure, in which he reported earning about $1.4 billion connected to crypto ventures like his memecoin and family’s World Liberty Financial platform. The lawmakers said that the reports “heighten concerns about the President pushing Congress to pass crypto legislation in favor of the very industry he’s cashing in on,” referring to the Digital Asset Market Clarity (CLARITY) Act, on which the Senate is expected to vote on this month. “We call on our respective Comm
Five senators called for committee hearings to investigate US President Donald Trump’s policies potentially being influenced by crypto funding from United Arab Emirates-linked and other entities.
The post Democrats Call for Senate Hearings on Trump’s Massive Crypto Profits appeared on BitcoinEthereumNews.com.
In brief Senate Democrats called for hearings into President Trump’s crypto holdings after disclosures showed over $1.2 billion in crypto-related income. The lawmakers cited potential conflicts of interest, foreign influence, and Trump’s role in shaping crypto policy. The push comes as the Clarity Act remains stalled over ethics provisions targeting Trump’s crypto ventures. Democratic senators are calling for congressional hearings into President Donald Trump’s crypto holdings after new financial disclosures revealed they generated over $1.2 billion in income for him last year. Five Senate Democrats—Elizabeth Warren (D-MA), Richard Blumenthal (D-CT), Gary Peters (D-MI), Dick Durbin (D-IL), and Ron Wyden (D-OR)—said the disclosures raised concerns about potential conflicts of interest, foreign influence, and Trump’s role in shaping crypto policy while profiting off the indu
The post U.S. Representatives Urge Senate To Vote On CLARITY Act In July, Address Ethics Concerns appeared on BitcoinEthereumNews.com.
Rep. French Hill wants a deadline. One year after the House passed the Digital Asset Market CLARITY Act, the Arkansas Republican who chairs the House Financial Services Committee used a Fox Business interview with anchor Maria Bartiromo to press Senate leaders for a floor vote before the August recess. “I’ve encouraged Senate leadership to put it on the floor,” Hill said. “I think if you schedule a floor date here in the month of July, that will cause these final meetings, these final discussions to take place. You’ve got to have a deadline in Congress to get people to move and find consensus.” Hill thanked Senators Kirsten Gillibrand, Cynthia Lummis, John Boozman and Tim Scott for working toward a deal, and pointed to the 78 Democrats who backed the House measure a year ago. Hill’s central argument is that the CLARITY Act would resolve the ethics con
The post 1 Bullish Sign XRP Price May Break Out This Month appeared on BitcoinEthereumNews.com.
XRP price climbed 1.27% to $1.10 as the wider cryptocurrency market recorded renewed gains during active Friday trading. Bitcoin price rose 1.48% to $64,002, while Ethereum advanced 3.03% to $1,790. The overall crypto market rose by 1.54% to reach 2.19 trillion. The focus now shifts to the CLARITY Act in July. CLARITY Act Moves Closer to Senate Action H.R. 3633 was passed by the House on July 17, 2025 and received 294 votes in support. Another 134 representatives opposed the measure. The bill intends to have a national framework on the trading, supervision, and protection of digital assets. It also divides regulatory duties between the SEC and CFTC. The Senate Banking Committee advanced the proposal on May 14, 2026, through a 15-9 vote. That vote brought the bill further towards Senate action. In the case of XRP, increased regulation might lessen ambiguity regarding the classification of to
The post CLARITY Act New Update: Senate Floor Vote Could Come in July, Lawmaker Says appeared on BitcoinEthereumNews.com.
The post CLARITY Act New Update: Senate Floor Vote Could Come in July, Lawmaker Says appeared first on Coinpedia Fintech News The crypto market structure bill known as the CLARITY Act is approaching its one-year anniversary since House passage with no Senate vote in sight, Rep. French Hill, R-Ark., said in an interview with Fox Business. Ethics disputes still the sticking point Hill’s comments followed remarks from CFTC Chairman Michael Selig, who told the network that … Source: https://coinpedia.org/news/clarity-act-new-update-senate-floor-vote-could-come-in-july-lawmaker-says/
The post Elizabeth Warren demands Trump crypto probe before CLARITY Act push appeared on BitcoinEthereumNews.com.
Lawmakers have intensified calls for an investigation into President Donald Trump’s cryptocurrency holdings as the Senate prepares to advance the CLARITY Act. Summary Elizabeth Warren and four Senate Democrats have called for hearings into Trump’s crypto holdings before the CLARITY Act advances. Democrats argue Trump’s reported $1.4 billion in crypto income raises conflict-of-interest concerns and want ethics rules added to the bill. Senate negotiators continue revising the CLARITY Act as debates over DeFi rules, developer protections, and regulator appointments persist. According to a joint statement from Democratic senators, ranking members from five Senate committees have asked Congress to hold hearings into the national security implications of President Trump’s crypto business interests, arguing that his financial disclosures raise new questions just as lawmakers final
