Macro

A significant piece of cryptocurrency legislation has successfully moved past a critical checkpoint in the U.S. Senate. The Clarity Act, designed to establish clearer regulatory frameworks for digital assets, gained approval from the Senate Banking Committee with backing from both Democratic and Republican members. This bipartisan momentum marks a notable achievement for the crypto industry,…

Members of the United States Senate acknowledged this week that they have been unable to secure cross-party agreement on cryptocurrency regulatory framework legislation, despite ongoing negotiations. During proceedings designed to move the market structure proposal forward through the legislative process, representatives from both Democratic and Republican sides admitted that extended discussions have not yet yielded…