New PAC Launches to Defend Crypto Developer Protections

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Dimon’s clarity act criticism sparks fierce response from Sen. Lummis

Senator Cynthia Lummis has accused JPMorgan Chase CEO Jamie Dimon of misrepresenting the Clarity Act after his sharp attack on Coinbase CEO Brian Armstrong and on crypto market-structure legislation. CNBC reported that Lummis, who chairs the Senate Banking Subcommittee on…

Jun 3, 4:52 PM

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Defend Developers launches PAC to shield crypto developers in CLARITY Act

Defend Developers has launched a new political action committee as negotiations over legal protections for crypto developers continue in the Senate’s consideration of the CLARITY Act. According to a June 3 report from Crypto in America, the newly formed Defend…

Jun 3, 4:04 PM

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Defend Developers PAC launches to shield software builders ahead of midterm elections

DDPAC's emergence highlights the growing political influence of the crypto sector, potentially leading to clearer regulations and increased market stability. The post Defend Developers PAC launches to shield software builders ahead of midterm elections appeared first on Crypto Briefing.

Jun 3, 3:39 PM

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Tim Scott Says CLARITY Act Could Finally End Crypto Confusion

CLARITY Act creates the first comprehensive federal crypto regulatory framework Bill splits oversight between the SEC and the CFTC, clarifying jurisdiction Grants CFTC authority over digital commodities like Bitcoin and Ethereum Senator Tim Scott says the Digital Asset Market Clarity Act will end years of regulatory uncertainty regarding digital assets. In his view, this landmark […] The post Tim Scott Says CLARITY Act Could Finally End Crypto Confusion appeared first on Live Bitcoin News.

Jun 3, 3:15 PM

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Defend Developers PAC launches to support software developer protections ahead of elections

DDPAC's emergence highlights the growing political influence of the crypto sector, potentially leading to clearer regulations and increased market stability. The post Defend Developers PAC launches to support software developer protections ahead of elections appeared first on Crypto Briefing.

Jun 3, 2:55 PM

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160 Officials Tell Senate to Pass CLARITY Act as Floor Talks Resume

A Blockchain Association letter signed by ex-CIA, DOJ, Treasury, FBI, IRS-CI, Secret Service and military officials lands on Thune and Schumer the same day the Senate restarts crypto market-structure negotiations.

Jun 3, 12:30 PM

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Blockchain Association cites 160 former officials in push for CLARITY Act

Blockchain Association has rallied support from 160 former national security and law enforcement officials for the CLARITY Act as the crypto market structure bill awaits consideration by the full U.S. Senate. According to a letter sent Tuesday by the Blockchain…

Jun 3, 7:18 AM

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Coinbase invests in ProShares ETF tailored for stablecoin reserve assets

The exchange has invested an undisclosed amount in ProShares’ Treasury-focused ETF built for the post-GENIUS era as lawmakers debate whether stablecoin issuers can offer yield-bearing products.

Jun 2, 8:09 PM