Trump to sign landmark crypto bill, GENIUS Act
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The U.S. House of Representatives has passed the CLARITY Act, a landmark bill that defines whether cryptocurrencies are securities or commodities.
The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.
Movement on the crypto front at the federal level has the potential to usher in substantial change. Here's what it means for your portfolio.
The U.S House of Representatives has passed the bill 'Clarity Act' seeking clarity for the creation of non-fungible token-based gaming coins.
After a week of squabbling in Washington, the cryptocurrency industry secured one of its primary legislative objectives and made progress toward a second one.
Discover how the CLARITY Act could reshape US crypto regulation, define SEC and CFTC roles and impact investors, innovators and markets beyond Crypto Week.
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"This Bill Is a Billion-Dollar Handout to the President Himself": Rep. Waters Blasts GOP’s 'CLARITY Act'Congresswoman Maxine Waters criticized the Republican-backed “CLARITY Act,” calling it a handout to Trump and a threat to investor protections and national security. She warned the bill would weaken oversight of the crypto industry,
As Trump prepares to sign the law, Consumer Reports' senior director monitoring digital marketplaces, Delicia Hand, told Ars that the group plans to work with other consumer advocates and the implementing regulator to try to close any gaps in the stablecoin legislation that would leave Americans vulnerable.