The post Senator Wyden Pushes to Preserve BRCA in CLARITY Act appeared on BitcoinEthereumNews.com.
Key highlights: Senator Ron Wyden is pushing to retain the BRCA in the CLARITY Act Wyden argues that crypto developers should not be considered financial transmitters CFTC Chair Michael Selig is also urging the Senate to pass the bill immediately As the passage of the US CLARITY Act in 2026 is still facing uncertainty, major figures are urging the Senate to move the bill forward. As lawmakers continue to debate the crypto bill, Senator Ron Wyden is pushing to retain key provisions that protect crypto developers. On Wednesday, Wyden wrote a letter to Senate leaders, highlighting the importance of preserving the Blockchain Regulatory Certainty Act (BRCA). He argued that developers of non-custodial software should not be treated as money transmitters. Senator Wyden pushes to keep the CLARITY Act’s BRCA intact Senator Ron Wyden has expressed his strong support for the CLARITY Act, asking lawm
Phantom and Hyperliquid Policy Center urged the CFTC to clarify rules for onchain protocols, wallet providers and regulated derivatives markets.
The post Phantom and Hyperliquid Policy Center urge CFTC to clarify onchain market rules appeared first on Crypto Briefing.
The post Hyperliquid Wants CFTC to Exempt DeFi From Legacy Crypto Rules appeared on BitcoinEthereumNews.com.
The Hyperliquid Policy Center (HPC) and non-custodial wallet provider Phantom have jointly urged the US Commodity Futures Trading Commission (CFTC) to modernize its regulatory approach to decentralized finance (DeFi). In a response to the agency’s Request for Information on evolving financial technology, the organizations argue that onchain infrastructure should not be regulated like traditional financial intermediaries. The filing could influence how US regulators oversee decentralized markets while shaping the future of self-custody, onchain trading, and blockchain innovation. HPC and Phantom Push for Tailored DeFi Rules In their joint comment, HPC and Phantom argue that developers who publish onchain protocol software should not automatically be treated as operators of exchanges or clearinghouses. Instead, they urge the CFTC to distinguish between building technology and prov
The ruling enhances presidential influence over crypto regulation, potentially altering enforcement dynamics and impacting investor strategies.
The post US Supreme Court ruling expands Trump’s authority, raises questions for SEC and CFTC crypto rulemaking appeared first on Crypto Briefing.
The CFTC's decision highlights the need for careful risk management in extending 24/7 trading to volatile commodities like oil.
The post CFTC blocks CME’s plan for 24/7 oil futures trading, raising questions about always-on markets appeared first on Crypto Briefing.
The CFTC's decision underscores the need for thorough regulatory scrutiny in adapting traditional markets to continuous trading models.
The post CFTC halts CME bid for 24/7 crude oil futures appeared first on Crypto Briefing.
The ongoing nomination dispute could stall crypto legislation, impacting regulatory clarity and market dynamics in the digital asset sector.
The post White House pushes back on Senate Democrats over SEC, CFTC nominations appeared first on Crypto Briefing.
The post CLARITY Act misses July target making August 7 a critical date for the bill appeared on BitcoinEthereumNews.com.
The CLARITY Act missed its July 4 target, so the focus has now shifted to whether Senate leaders can find time to bring it to the floor before the August work period begins. Stand With Crypto urged supporters to press senators for a vote before August 7, calling that date a hard deadline for passage before the next recess. The Senate returns from its July break on July 13. The official Senate schedule lists June 29 through July 10 as a state work period and August 10 through September 11 as another, making Friday, August 7 the final scheduled weekday before the August work period. August 7 works as a practical floor-time deadline. For CLARITY supporters, the missed July 4 marker now becomes a question of whether Senate leaders can reserve floor time, whether bill managers can keep a workable package together, and whether the bill can clear the chamber before the fal