New Clarity Act draft could land as soon as next week: CoinDesk

White House says it requested SEC and CFTC nominee names as Clarity Act talks raise pressure over vacant seats. The White House has rejected Senate Democrats’ claims over vacant minority seats at the SEC and CFTC.  In a letter to Senate leaders, it said Democratic recommendations were requested but not received. The dispute comes as […] The post SEC and CFTC Vacancy Fight Heats Up as White House Blames Democrats for Delay appeared first on Live Bitcoin News.

The post CLARITY Act Faces CFTC Vacancy Fight Before Senate Floor Vote appeared on BitcoinEthereumNews.com. TLDR: The CLARITY Act faces a fresh political hurdle as White House officials and Senate Democrats dispute vacant SEC and CFTC seats. The CFTC vacancies matter since the crypto bill could give the agency broad authority over spot digital commodity markets. White House officials said they requested Democratic nominee names for SEC and CFTC seats but had not received a response. Senate talks now include nominations, ethics language, DeFi rules, and the timeline for passing the wider crypto bill. The CLARITY Act has moved into a new Senate pressure point as the White House and Democrats trade claims over vacant SEC and CFTC seats. White House officials told Senate leaders that the administration sought Democratic names for both agencies but had not received them. Democrats have argued that missing commissioners weaken the agencies expected to shape digital asset rules. The dispute n

The post Trump faces new Clarity Act test as Senate races toward key vote appeared on BitcoinEthereumNews.com. The Senate has entered what could be its final practical window to advance the CLARITY Act this year, with a merged draft expected as early as next week before lawmakers run out of time ahead of the August recess. Summary Senate negotiators are preparing a merged CLARITY Act draft ahead of a possible floor vote later this month. Democratic support remains uncertain as lawmakers continue talks over ethics rules, DeFi protections, and stablecoin provisions. The White House has denied blocking Democratic SEC and CFTC nominees as regulatory appointments become part of the debate. According to a CoinDesk report, Senate negotiators are preparing updated legislative text that combines proposals from the Senate Banking and Agriculture committees into a single version of the crypto market structure bill. The report said the draft is expected to add more than 70 pages of new material an

The Senate has entered what could be its final practical window to advance the CLARITY Act this year, with a merged draft expected as early as next week before lawmakers run out of time ahead of the August recess. According…

The post CLARITY Act Stalls in Senate With 50/50 Odds Before August Recess appeared on BitcoinEthereumNews.com. CLARITY-ACT News The U.S. Congress has failed to meet its deadline for passing the CLARITY Act, the market-structure bill that would define how digital assets are regulated across the country. Nearly a full year after the House of Representatives cleared its version, the Senate remains locked in intensive negotiations, with analysts placing only 50/50 odds that the legislation advances before the August recess. The delay leaves investors and developers without the legal certainty many have waited on, prolonging conditions that can amplify volatility across the broader altcoin market. For now, the American framework hangs on a set of unresolved banking and political disputes that lawmakers have been unable to close. Senator Cynthia Lummis, who chairs the Senate subcommittee steering the effort, described the talks as relentless, saying negotiators have been in intensive sessio

The post Ethereum news: Robinhood chain hits $568M in trading frenzy, benefitting Arbitrum appeared on BitcoinEthereumNews.com. Digital broker Robinhood’s new chain is off to a flying start, and the benefits are trickling to Ethereum-based network Arbitrum. The native token of Arbitrum (ARB) jumped 19% over the past 24 hours, making it the best-performing asset in the top 100 cryptocurrency, according to CoinDesk data. Bitcoin BTC$63,272.24 edged 1.5% higher to trade above $63,000, while ether (ETH) was up 0.5% in an otherwise muted day. The gains came as Robinhood Chain, built on top of Arbitrum’s technology stack and rolled out to the broader public a week ago, processed over $568 million in daily trading volume on Wednesday and logged over $350 million so far on Thursday, according to blockchain data from Entropy Advisors. Much of that activity was driven by a burst of memecoin trading, while stablecoin balances on the network also climbed quickly above $260 million within its first

The post Trump White House rejects SEC snub claims before CLARITY showdown appeared on BitcoinEthereumNews.com. The Trump White House has rejected accusations that it is refusing to nominate Democratic commissioners to the Securities and Exchange Commission and Commodity Futures Trading Commission as the Senate moves closer to debating the CLARITY Act. Summary White House says it requested Democratic nominees for the SEC and CFTC but has not received any names. CLARITY Act negotiations continue as lawmakers debate ethics rules, DeFi provisions, and regulatory appointments. Senators Cynthia Lummis and Ron Wyden have defended different parts of the bill ahead of a Senate vote. According to a letter sent by the White House to Senate Majority Leader John Thune and Senate Democratic Leader Chuck Schumer, the administration said it had already asked for suitable Democratic nominees for both the SEC and the CFTC but had not received any names in response. The letter pushes back against critic

The Trump White House has rejected accusations that it is refusing to nominate Democratic commissioners to the Securities and Exchange Commission and Commodity Futures Trading Commission as the Senate moves closer to debating the CLARITY Act. According to a letter…