Bank Groups Say CLARITY Act’s Stablecoin Circuit Breaker Is ‘Not a Safeguard at All’
Eight banking groups warn stablecoin rewards could trigger deposit flight and reduce community bank lending.
Eight banking groups warn stablecoin rewards could trigger deposit flight and reduce community bank lending.
Balancer cut costs and shipped new products after restructuring, but Marcus Hardt says v3 failed to replace legacy revenue as November’s $128 million exploit continued to weigh on adoption.
Connor Brown, Executive Director of the Bitcoin Policy Institute and a former Senate staffer, laid out exactly what’s at stake as the Senate holds a cloture vote today on the CLARITY Act.
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Some Democrats remain dissatisfied with the bill’s crypto ethics provisions and will be sending a counterproposal just hours before a key procedural vote.
The House Financial Services Committee is scheduled for a Wednesday markup of the Bitcoin Reserve Act (ARMA).
Republican negotiators dropped a refreshed draft Sunday night and framed it as their final attempt to answer Democratic demands.
Eight banking trade groups urged Senate leaders Monday to tighten the Clarity Act’s stablecoin rewards restrictions, arguing that exceptions in the bill could allow interest-like payments that draw deposits away from ba…
OpenAI CEO Sam Altman says AI companies should accept slower development to make their systems safer and begin strengthening safeguards without waiting for legislation.
Kraken’s new xStocks vaults let investors earn yield on tokenized versions of Nvidia and major US stock market ETFs by lending the assets in DeFi markets.
President Donald Trump said Sunday he likes Flock Safety's AI-powered surveillance cameras, ending months of hedging on a technology that has split lawmakers in both parties.
President Trump has turned down calls for AI regulation, arguing the need for America to remain competitive.
Justin Sun was already one of the richest people in the world, having made his fortune in the no-rules early phase of the crypto industry, when he first met the three men from World Liberty Financial. It was October 202…
Microsoft AI published a draft Code of Conduct on Monday governing how its own AI models are meant to behave, according to an announcement from CEO Mustafa Suleyman on X.
XRP is trading at $1.48, up 6.4% over 24 hours, as momentum builds ahead of Tuesday’s cloture vote on the CLARITY Act. Republicans released what they’re calling their “last, best and final offer” on CLARITY ahead of Tue…
Bitcoin’s price rose toward $80,000 after US President Donald Trump hinted that the US-Iran war would end, pushing oil prices lower.
The total crypto market cap climbed to $2.77 trillion, up 2.3% over 24 hours, with Bitcoin leading the way at $79,187.27, up 2.1%. XRP posted the strongest move among majors, jumping 6.4% to $1.46, while Ethereum rose 1…
President Trump conceded to bipartisan ethics demands on cryptocurrency oversight, granting state prosecutors enforcement power to unlock key Senate votes.
President Donald Trump said Monday that his presidency provides the guardrails artificial intelligence needs, attacking Anthropic CEO Dario Amodei and alleging a conspiracy against AI and data centers.
Strive’s latest Bitcoin purchase was funded entirely through its SATA preferred stock as the company continues its rapid climb among corporate BTC holders.
Trump’s ethics concession addresses one hurdle for the crypto bill, but 18 state attorneys general say the revised legislation would weaken state oversight.
The growing calls for an AI slowdown, many of which coming from within the industry itself, are sending shockwaves throughout the market, sinking AI-related stocks.
The US Senate has officially set Tuesday, 2:15 PM ET, for the CLARITY Act’s cloture vote. Clearing that hurdle requires 60 votes to open formal debate, which can then run for up to 30 hours if approved. Final passage af…