Senator Cynthia Lummis (R-WY) on Monday pitched the Digital Asset Market Clarity Act (CLARITY Act) being delayed as a loss for consumer protection, stating the crypto market structure bill will safeguard users from losing their digital assets when platforms go under."When Celsius and Voyager went b…
President Trump pushed the Senate to pass the Digital Asset Market Clarity Act (CLARITY Act) on Monday, in honor of the late Senator Lindsey Graham (R-SC), warning that China is fighting hard to seize control of crypto and artificial intelligence (AI).Trump appealed on Monday, in a post on Truth So…
Shares of Circle (CRCL) trimmed gains in midday trade on Friday after Wall Street analysts offered a mixed verdict on how much the company's new banking approval actually changes for the stock.CRCL’s stock had been on track to hit a monthly high in Friday's pre-market session, a sharp reversal afte…
The White House on Thursday pushed back on claims from Senate Democrats that it is refusing to nominate Democratic commissioners to independent agencies, including the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), as the Senate prepares to return from…
Galaxy Digital (GLXY) Head of Firmwide Research Alex Thorn expressed skepticism about the newly launched Open USD (OUSD) consortium stablecoin on Friday, arguing that consortium-based coins have struggled to gain scale even as his own firm has signed on as a member.Speaking on Galaxy's podcast, Tho…
On Tuesday, a coalition of major payment, banking, and crypto firms, including Visa (V), Mastercard (MA), Stripe, BlackRock (BLK), and Coinbase (COIN), is backing a new dollar-pegged stablecoin called Open USD (OUSD).The stablecoin was being developed by Open Standard in an effort that would challe…
