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Banking lobby attempts to kill Clarity Act’s stablecoin progress as markup is scheduled for next week

US banks are mounting an aggressive lobbying effort to stall the CLARITY Act, even as key US lawmakers signal a fast-tracked timeline to put the bill on the president’s desk before July 4. The legislative clash centers on the Digital Asset Market Clarity Act, a sweeping regulatory framework that cleared the House with bipartisan support […] The post Banking lobby attempts to kill Clarity Act’s stablecoin progress as markup is scheduled for next week appeared first on CryptoSlate. дальше »

2026-5-8 18:00


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The GENIUS Act’s $250M battle begins now: Bitcoin stands as the last bastion against censorship

The GENIUS Act became law on July 18 after Congress settled that stablecoins should be regulated. What happens next is a two-year rulemaking war that determines whether $250 billion in existing stablecoins flows into bank-wrapped structures or fragments into offshore silos, and whether Bitcoin and Ethereum capture the fallout or get buried under it. дальше »

2025-11-8 17:00


US banks lobby to amend GENIUS stablecoin Act, citing $6.6 trillion risk

The first official US stablecoin law, known as the GENIUS Act, is already facing pushback from major banking groups that argue some provisions could destabilise the traditional financial sector. Passed in July 2024, the legislation was intended to bring clarity to the multibillion-dollar stablecoin industry while securing the country’s leadership in digital assets. However, banks […] дальше »

2025-8-26 17:15


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Top altcoin to buy as US Republicans declare ‘crypto week’ to mull 3 crypto bills

US Republicans are igniting fresh momentum in the crypto market, designating July 14-18 as ‘Crypto Week’ to evaluate three pivotal bills.  House leaders, including Speaker Mike Johnson, are pushing the GENIUS Act for stablecoin regulation, the CLARITY Act for market structure, and the Anti-CBDC Surveillance State Act to block central bank digital currencies. This legislative […] дальше »

2025-7-7 12:31


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Lummis unveils the BITCOIN Act to establish strategic BTC reserve for the US

Following her announcement of a historic proposal to supercharge the US dollar and pay down the national debt by establishing a strategic Bitcoin reserve, US Senator Cynthia Lummis (R-WY) officially introduced the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide (BITCOIN) Act” in the Senate on July 31. дальше »

2024-8-1 00:30


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Bitcoin Suisse Joins Crypto Companies Looking To Become Swiss Banks

Bitcoin Suisse, the Switzerland-based cryptocurrency broker, has taken the first steps to becoming a bonafide bank, the company has revealed. Bitcoin Suisse Applies For Banking, Securities License In a press release issued on July 16, Bitcoin Suisse, which already offers various crypto-focused financial services, also committed to using the Swiss regulatory system for its future expansion. дальше »

2019-7-19 19:00


Regulators Approve Coinbase to Offer Custody Services in New York State

Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc. дальше »

2018-10-24 00:55