Senator Lummis says China will 'write the rules' of the new financial era if CLARITY fails
The Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president's desk.
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Senator Cynthia Lummis said Congress may not get another real chance to pass digital asset legislation until 2030 if the CLARITY Act fails. Lummis, in a post on X, said Congress faces a narrow window to move the Digital Asset…
Read full articleThe Senate Banking Committee voted to advance the CLARITY Act in May, but it must still pass both chambers of Congress before heading to the president's desk.
A crypto analyst has identified multiple price levels he believes could be dream entry points ahead of Bitcoin’s (BTC) long-term price rally. The analyst has shared several ambitious price targets for BTC, expecting the cryptocurrency to skyrocket to $300,000 and even $500,000 in the coming years. Analyst Identifies Bitcoin Buy Zones Before $300,000 Target In a recent X post, market expert Crypto Patel stated that while many investors are panicking after Bitcoin’s recent decline below $74,000, he is using the opportunity to quietly build his position. The analyst said he is preparing to buy more BTC, suggesting that additional dip buying opportunities may still lie ahead as he targets a long-term rally above $300,000. Related Reading: Bitcoin Could Enter Freefall If This Level Cracks: Analyst Crypto Patel has identified three ideal Bitcoin accumulation zones ahead of this projected move. The zones are based on Fibonacci retracement levels highlighted on his accompanying chart. The ana
Ethics concerns over Trump's crypto ties could stall regulatory progress, impacting bipartisan efforts for digital asset market clarity. The post Donald Trump jeopardizes Clarity Act as ethics concerns rise appeared first on Crypto Briefing.
Brian Armstrong fired back at Jamie Dimon on Friday with a meme, after the JPMorgan CEO attacked him on live TV. Coinbase CEO Brian Armstrong posted a hockey-themed rivalry meme on X on Friday, hours after JPMorgan Chase CEO Jamie…
The post US Seizes $1B Iranian Crypto as Coinbase, JPMorgan Clash Over CLARITY Act appeared on BitcoinEthereumNews.com. Crypto News The United States has seized roughly $1 billion in Iranian cryptocurrency assets, Treasury Secretary Scott Bessent disclosed at the Reagan National Economic Forum on Friday. Bessent said federal authorities “outright grabbed the wallets,” adding that some Iranian holders may still be unaware their funds have been confiscated. Forensic investigators reportedly traced flows from regime-linked cold wallets using public ledger analysis. The newly announced figure roughly doubles the $500 million in Iranian crypto the Treasury disclosed seizing in late April and significantly exceeds the $344 million reported earlier this month. The operation underscores Washington’s intent to weaponize on-chain transparency against adversarial regimes. The seizures form part of Operation Economic Fury, a financial pressure campaign launched in March 2025 to choke off Tehran’s
The post Lummis warns next clarity act window is 2030 appeared on BitcoinEthereumNews.com. Senator Cynthia Lummis says the Clarity Act must pass this Congress or the next legislative window opens in 2030. Summary Lummis posted on X that the next viable window for crypto market structure legislation is likely 2030 if Congress fails to act now. The Senate Banking Committee passed the Clarity Act 15 to 9 on May 14, but a full floor vote remains uncertain before midterms. Republicans risk losing House seats in November 2026, which could shelve comprehensive crypto regulation for years. Senator Cynthia Lummis issued a stark warning on May 29, telling lawmakers the current Congress represents the final realistic window to pass comprehensive digital asset legislation before a four-year freeze sets in. In a post on X, the Wyoming senator wrote: “The next window for digital asset legislation after this Congress is likely 2030. Until then, developers remain exposed with no legal protections, and
Senator Cynthia Lummis says the Clarity Act must pass this Congress or the next legislative window opens in 2030.
JPMorgan CEO Jamie Dimon criticizes the CLARITY Act, opposing stablecoin rules and warning about regulatory gaps in crypto banking policies. JPMorgan CEO Jamie Dimon has strongly criticized the current version of the CLARITY Act. The proposed bill provides crypto companies with advantages that traditional banks do not have,” he said. Furthermore, he said banks are […] The post JPMorgan Chief Challenges Crypto-Friendly CLARITY ACT appeared first on Live Bitcoin News.