There were many conductors in the derailment of the crypto industry's Clarity Act
Last minute, behindthescenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on. Source:CoinDesk
Crypto stocks slide after CLARITY Act fails to advance in Senate
Circle and Coinbase shares fell about 10% as the failed Senate vote weighed on cryptolinked equities, with Bitcoin miners and treasury companies also…
Crypto stocks sink after Senate rejects Clarity Act
Coinbase, Circle and Galaxy lead a broad crypto stock selloff after the U.S. Senate failed to advance a longawaited market structure bill. Source:CoinDesk
Crypto industry reacts after Clarity Act fails Senate vote
One of the most crucial U.S. regulations for crypto markets couldn't secure enough support to clear the Senate's final 60vote hurdle. Source:CoinDesk
Crypto Clarity Act flames out in failed U.S. Senate vote
The yearslong effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60vote hurdle.…
Binance adds 11 US-listed ETFs to wealth management offering
The crypto exchange is expanding its traditional finance offerings with 11 USlisted exchangetraded funds focused on US Treasurys and investmentgrade bonds.…
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