The Defiant·
The US Senate voted 85-5 Monday to pass the 21st Century ROAD to Housing Act, which includes a provision barring the Federal Reserve from issuing a central bank digital currency until December 31, 2030. The sweeping bipartisan bill heads to the House for a final vote before going to President
Read full articlePassing the CLARITY Act could streamline digital asset regulations, reducing costs for consumers and enhancing US competitiveness globally. The post The Digital Chamber CEO urges Senate to pass CLARITY Act to reduce financial costs appeared first on Crypto Briefing.
Cody Carbone of The Digital Chamber testified Tuesday before the Senate Banking Committee that passing the CLARITY Act is a prerequisite for reducing financial friction costs that fall hardest on lower-income households, as no Senate floor vote has yet been scheduled.
Crypto industry advocate Cody Carbone has renewed calls for lawmakers to advance the CLARITY Act as Senate debate over the legislation continues without a scheduled floor vote. According to testimony delivered by Carbone, chief executive of The Digital Chamber, at…
Close to 100 Catholic bishops and church leaders have sent a letter to Senate leadership opposing the CLARITY Act, arguing that a provision shielding non-custodial developers from money-transmitter rules would weaken federal safeguards against human trafficking and other financial crimes.
The Fed's accelerated liquidity wind-down may tighten financial conditions, impacting risk assets and influencing stablecoin market dynamics. The post Federal Reserve cuts Treasury bill purchases to $25B per month, signaling faster liquidity wind-down appeared first on Crypto Briefing.
Options traders' contrarian bets highlight market sensitivity to Fed signals, potentially leading to volatility and mispricing in risk assets. The post Options traders bet on market overreaction to Federal Reserve’s hawkish stance appeared first on Crypto Briefing.
The CLARITY Act has faced fresh opposition from a trafficking prevention group as Senate lawmakers continue weighing the crypto market structure bill ahead of a narrowing legislative window this year. According to a letter obtained by Punchbowl, the Alliance to…
Louisiana Senator John Kennedy largely dismissed what he called the “promotion” of cryptocurrency by the Digital Chamber CEO Cody Carbone in a Senate hearing on affordability.
