The Digital Chamber is leading a coalition of crypto firms pressing the Senate to pass the CLARITY Act. The Digital Chamber has escalated a coalition push urging the US Senate to pass the CLARITY Act. The trade group is framing…
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Asset management giant Grayscale is the latest crypto firm to delay its plans to go public due to market conditions, according to a person with knowledge of the matter. The Stamford-based investment firm has paused its IPO preparations, and is unlikely to restart the process until the fourth quarter at the earliest, the person said, who spoke on condition of anonymity as the matter is private. DCG subsidiary Grayscale, one of the world’s largest crypto asset managers and the firm behind the Bitcoin Trust ETF (GBTC), filed confidentially for a U.S. IPO in November last year. “Due to the SEC-mandated quiet period, we are unable to comment at this time,” a Grayscale spokesperson said in emailed comments. Grayscale is a leading digital asset investment platform that provides investors with secure and regulated exposure to the cryptocurrency market. Through its suite of single-as
U.S. Treasury Secretary Scott Bessent has reaffirmed that the Trump administration will not support a CBDC while urging lawmakers to advance legislation designed to bring digital asset activity under a clearer regulatory framework. According to remarks delivered during a White…
President Donald Trump has re-entered the US crypto market-structure debate, saying his administration will codify a “future-proof” framework for digital assets as a Senate fight over the CLARITY Act moves closer. The message ties the White House’s crypto agenda to legislation that would define regulatory boundaries for digital assets, exchanges, custodians, stablecoins and derivatives markets. […]
The post ‘Will never let crypto down!’ – But can Trump get CLARITY Act across the line? appeared on BitcoinEthereumNews.com.
As the digital assets market bleeds with the global crypto market cap falling by 3.94% in the past 24 hours, U.S. President Donald Trump’s new promises have taken the limelight. In his recent Truth Social post, Trump shared his vision for the crypto market, which cannot be undermined by the crypto critics, and said, Under my Leadership, we will codify a FUTURE-PROOF Digital Asset Market Structure that cannot be undone by the Crypto Haters. He added, The new Frontier of Finance is being Built in America, and “TRUMP” will NEVER let Crypto down! Trump slams crypto under SEC Chair Gensler Interestingly, in the same post, he also mentioned the previous SEC chair, Gary Gensler, and reiterated how under Gensler, the crypto market was suffocating. He stressed how Gensler’s “Anti-Crypto Army” almost “DESTROYED the American Crypto Industry”. Praising himself in the pos
France’s top markets regulator is issuing increasingly direct warnings to crypto firms ahead of a fast-approaching European Union (EU) deadline for licensing, Reuters reported on Thursday. Under the EU’s Markets in Crypto-Assets (MiCA) framework, crypto rules are tightening across the European Union for the issuance, trading, and custody of digital assets, and the regulator says […]
On Thursday, Treasury Secretary Scott Bessent urged Congress to pass the CLARITY Act, a bill that would provide the crypto industry with a regulatory framework and the long-awaited clarity it needs regarding the classification of digital assets. Bessent Presses Lawmakers To Pass The CLARITY Act In remarks at the White House, Bessent emphasized that the goal of the CLARITY Act should be to bring digital assets into the US rather than letting activity remain largely offshore. He said: The most important thing we can do is to make digital assets come into the United States. Make the US the home. I would encourage the House and the Senate to get Clarity done. Related Reading: Ethereum (ETH) Drops Below $2,000—Why Standard Chartered Still Expects $40,000 By 2030 Bessent’s comments also targeted what he called the “wild, wild west” environment for digital assets outside the US. He argued that much of the confusion and controversy surrounding crypto stems from a lack of clear rules when th
The future of a digital asset market structure bill in Congress is still uncertain amid concerns over ethics provisions, with president, whose crypto ties are under scrutiny, weighing in on social media.
