Last week, the anticipated cryptocurrency legislation did not pass – yet Bitcoin purchasers appear unfazed. The price of the leading cryptocurrency surged on Monday by nearly 7% within a 24-hour timeframe, just six days following the obstruction of the Clarity Act by lawmakers. Prominent figures in the digital asset industry have been advocating for the … Read more
President Donald Trump had been receiving clear signals for weeks regarding the comprehensive cryptocurrency legislation being drafted in the Senate: to ensure its passage, he would need to consent to ethics provisions that would also pertain to him. Initially, Trump consented to a provision that would prohibit him and his spouse from creating the kinds … Read more
Wall Street’s leading regulator has indicated that he anticipates the long-awaited Clarity Act will be enacted this month, positioning the U.S. to become the “crypto capital of the world.” During remarks on Tuesday, Securities and Exchange Chairman Paul Atkins affirmed that the regulator is advancing regulations aimed at supporting the cryptocurrency sector. Pro-crypto lawmakers aimed … Read more
