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News
South Korea opposition proposes delaying 22% crypto tax to 2030
11+ hour, 23+ min ago (1312+ words) South Korea’s opposition People Power Party has moved to delay the country’s 22% cryptocurrency investment tax by three years to Jan. 1, 2030, days after the government kept the levy on track to start in 2027. According to South Korean broadcaster MBN, People Power…...
CLARITY Act gains U.S. security backing from ex-defense chief
12+ hour, 51+ min ago (694+ words) Former U.S. Defense Secretary Mark Esper urged senators to pass the CLARITY Act, arguing in a Financial Times op-ed that digital asset market structure should be treated as a national security issue as well as a financial regulatory question. Esper argued…...
CLARITY Act gets September vote after Senate filing
2+ day, 10+ hour ago (731+ words) The U.S. Senate has initiated the process for considering the CLARITY Act, setting up an initial procedural vote after lawmakers return from their August recess. Senate Majority Leader John Thune submitted the motion after a late-night voting session, according to reports…...
CLARITY Act misses August recess as Polymarket odds hit 16%
3+ day, 9+ hour ago (1101+ words) The Senate will not vote on crypto market structure before August 7. Prediction markets price passage at 16 percent. The math for September is worse than it looks. The announcement converted what lobbyists had called a “tight but possible” window into a…...
CLARITY Act Senate vote delayed until September
3+ day, 14+ hour ago (818+ words) U.S. Senate leaders have postponed a planned vote on the CLARITY Act until September, pushing a major crypto legislative priority beyond the August recess. Senate Majority Leader John Thune confirmed the delay late Aug. 6, saying Democrats would not agree to bring…...
Elizabeth Warren backs crypto rules, rejects CLARITY Act
4+ day, 3+ hour ago (684+ words) Senator Elizabeth Warren supports establishing federal rules for digital assets but has rejected the CLARITY Act in its current form, citing unresolved concerns over corruption, consumer protection, national security and financial stability. According to CoinDesk, Warren said the U.S. crypto industry…...
CLARITY Act weekend vote fades as Senate holds off
4+ day, 5+ hour ago (855+ words) The CLARITY Act’s chances of receiving a weekend Senate vote faded Thursday after leadership took no procedural action to advance the crypto market structure bill. Senate Majority Leader John Thune did not file cloture on the motion to proceed to…...
The CLARITY Act: inside the Senate battle defining DeFi
4+ day, 10+ hour ago (1055+ words) Three unresolved fights over presidential crypto income, developer liability, and $1.35 billion in stablecoin yield stand between the most ambitious digital asset bill in American history and a legislative graveyard. With Polymarket odds at 13% and the August recess days away, every…...
Lummis pushes CLARITY Act vote before August recess
4+ day, 23+ hour ago (657+ words) Senator Cynthia Lummis is pressing the Senate to vote on the CLARITY Act before its August recess as bipartisan negotiations continue over several unresolved provisions. Lummis said Senate negotiators were still working toward an agreement after nearly 11 months of talks....
CLARITY Act misses cloture as bipartisan talks drag on
5+ day, 1+ hour ago (857+ words) The CLARITY Act missed a key procedural opening after Senate Majority Leader John Thune filed cloture on several other measures while bipartisan negotiations over the crypto bill continued. On Wednesday, Senate Majority Leader John Thune filed cloture on the motion…...