Crypto Clarity Act barrels toward disappointment barring last-minute Senate turnaround
As the parties dig in their heels, the market structure bill hasn't yet amassed the votes it would need to clear the first Senate hurdle scheduled for Tuesday.…
Clarity Act's odds of passing plunge as Republicans reject Democrats' counter-proposal
Prediction markets sharply marked down the crypto market structure bill’s nearterm prospects as negotiations remained stuck hours before a key Senate vote.…
How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself. Source:CoinDesk
US House crypto tax package omits mining, staking reward deferral
The 114page bill would change the tax treatment of crypto fees, stablecoins and lending while leaving existing rewardtax timing unchanged. Source:Cointelegraph
Hong Kong crypto exchange CoinEx to cease operations after 9 years in business
Founder and CEO Haipo Yang cited mounting security and compliance risks and said he rejected a sale in favor of a “clean ending.” Source:CoinDesk
U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales
Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military. Source:CoinDesk
CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction
CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals…
U.S. House panel shares crypto tax bill ahead of hearing later this week
The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored…
Even if Clarity fails, Wall Street’s crypto push is unlikely to stop
The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that…
SEC's Atkins backs Clarity Act but says agency will keep pushing crypto rules without it
The SEC chair said crypto issuance, transfer agent modernization and custody will form the backbone of the agency’s regulatory push. Source:CoinDesk
U.S. Senator Lummis says Democrats won't quit asking for more on crypto Clarity Act
One of the top crypto market structure negotiators in Washington says she's run out of gas on new revisions for the bill she's worked on for more than five…
Trump's $800 million stake into World Liberty Financial's token now has a timeline to becoming sellable
Onchain records show that an $800 million crypto stake that matched Donald Trump's holding was moved into a vesting contract, locking any sales until 2028…