Regulation

Regulation

News Analysis

Inside the last-minute political breakdown that doomed the Clarity Act vote

Last minute, behind-the-scenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on.

The Senate vote on the Clarity Act failed to win the 60 votes it needed. (U.S. Senate)

Policy

Crypto Clarity Act flames out in failed U.S. Senate vote

The years-long effort to set U.S. regulations for crypto markets couldn't muster enough support to make the leap over the Senate's final 60-vote hurdle.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)

Policy

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.

Senator Cynthia Lummis of Wyoming (Jesse Hamilton/CoinDesk)

Policy

White House crypto adviser says Trump gave up 'historic' ethics powers in compromise

President Donald Trump's digital assets adviser spoke at a Washington event the day after a new compromise language was released for the Clarity Act.

White House crypto adviser Patrick Witt (Jesse Hamilton/CoinDesk)

Policy

Trump agrees to stricter ethics rules to save Clarity Act crypto bill: AP

President Donald Trump agreed to expanded conflict-of-interest rules and state-level enforcement powers to secure key Senate votes for the Clarity Act.

President Donald Trump at the White House (Jesse Hamilton/CoinDesk)

Finance

FCA considers exempting tokenized gold from fund rules to defend London market

The Financial Conduct Authority is exploring a bespoke regulatory framework with the Treasury to carve out digital gold from traditional fund laws.

FCA entrance in London. (FCA/Press)

News Analysis

Crypto’s Clarity Act heads into a make-or-break week with no clear outcome

The crypto industry eagerly awaits a September 15 vote, though it might not happen. Or maybe it will. Or it might get delayed or reappear in some other form.

U.S. Senator Cynthia Lummis (Jesse Hamilton/CoinDesk)

Finance

Crypto exchange giant Bybit to offer European ‘super-app’ with stocks, derivatives

Bybit has an electronic money institution license in Austria and is about to snag a MiFID license too, CEO Ben Zhou told Coindesk.

A seated Bybit CEO Ben Zhou

Policy

U.S. Sheriff’s association shifts opposition stance to Clarity Act to 'neutral'

The law enforcement association said it has pivoted its position regarding the Clarity Act to neutral, months after it warned against a law it said would shield crypto crime.

Sheriffs. (Bruno Guerrero/Unsplash)

Policy

SEC proposes transfer agent rule, sets event to figure out round-the-clock U.S. trading

The U.S. Securities and Exchange Commission issued an agenda for its 24-trading roundtable and proposed a new transfer-agent rule with blockchain implications.

U.S. Securities and Exchange Commission Chairman Paul Atkins (Jesse Hamilton/CoinDesk)