White House
Senate sets markup date for market structure
The Senate Banking Committee has scheduled a May 14 markup for the Digital Asset Market Clarity Act, the bill's first serious shot at advancement after a January delay. The White House wants it passed by July 4, but the banking industry still has reservations. CoinDesk's Sam Ewen hosts "CoinDesk Daily."
White House wants crypto law signed by July 4th
White House crypto adviser Patrick Witt told Consensus Miami that the administration is targeting July 4 — the nation's 250th birthday — for passage of the Digital Asset Market Clarity Act. The timeline requires Senate markup this month and four floor weeks in June. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
U.S. Bitcoin Reserve update coming in 'next few weeks," White House adviser says
White House digital-assets adviser Patrick Witt cited a recent exploit involving assets held by the U.S. Marshals as proof federal crypto holdings need safeguarding.
White House targets July 4 for Clarity Act passage, says crypto adviser Patrick Witt
The executive director of the President's Council of Advisors for Digital Assets said the Senate Banking Committee hearing will happen this month on market structure. bill.
Polymarket turns to Chainalysis as insider trading concerns mount
A nonprofit analyzed 435,000 Polymarket contracts and found longshot bets on military outcomes succeed at rates over 50% — five times higher than other political markets. Eight wallets turned $164,000 into $1.8 million in the hours before the June 2025 Iran strike. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Senator Warren questions Commerce Secretary Lutnick on Tether loan to family
Senators Elizabeth Warren and Ron Wyden sent letters to Howard Lutnick and Tether CEO Paulo Ardoino asking about a loan Tether reportedly made to Lutnick's family.
White House crypto adviser Witt says other Clarity Act hurdles being cleared
Patrick Witt told CoinDesk that a recent compromise on stablecoin yield should hold as the Senate tries to advance its crypto bill, even as bankers continue warnings.
Bankers rebuff White House claim that stablecoin yield doesn't threaten deposits
A new study from the American Bankers Association says the White House economists went after the wrong premise in their recent look at the issue.
White House study bolsters crypto's stance in stablecoin yield fight against bankers
White House economists said banning rewards wouldn't significantly boost banks' financial health, amplifying the crypto industry view in the Clarity Act debate.
Are AI giants coming for bitcoin miners' power?
Anthropic's multi-gigawatt compute deal with Google and Broadcom highlights how AI companies are now directly competing with bitcoin miners for the same energy infrastructure. Several major miners have already started converting capacity to AI hosting, but does this mean that bitcoin mining is dying? CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
