ABA Survey Shows User Concerns On Stablecoins In Crypto Market Structure Bill...
The debate surrounding the CLARITY Act, a key piece of legislation aimed at defining the crypto market structure in the US, remains stalled as the banking and crypto sectors engage in a fierce contest for its passage. Negotiations Between Banking And Crypto Sectors At an American Bankers Association (ABA) summit in Washington, D.C., on Tuesday, […]
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The future of the CLARITY Act — widely referred to as the crypto market structure bill — remains uncertain after the March 1 deadline set by the White House passed without the expected breakthrough between the banking industry and crypto representatives. Key Hurdle In Crypto Bill Negotiations Despite concerns that talks may be stalling, reporting […]
Multiple state authorities shared concerns about the upcoming crypto market structure legislation and its impact on their ability to prosecute fraudsters in crimes related to digital assets. Related Reading: Thailand To Expand Crypto ETF Lineup Beyond Bitcoin In Early 2026 – Report State Regulators Sound The Alarm Over Crypto Bill Regulators from Alabama to Montana […]
Coinbase CEO Brian Armstrong has denied existing tension between the exchange and the White House over the content of the crypto market structure bill, i.e., the Digital Asset Market Clarity Act. This development follows a series of contentious moments surrounding the highly anticipated crypto market structure bill, beginning with Armstrong raising concerns over its provisions, […]
The unveiling of the anticipated draft of the crypto-centric Market Structure Bill has stirred a wave of reactions and demands for key enhancements from industry stakeholders. Crypto Market Structure Bill Draft Under Scrutiny According to Crypto In America, the long-awaited market structure discussion draft presented by the Senate Agriculture Committee this week has left many in […]
It’s reported the bills' definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price. Draft legislation in the United States House of Representatives would place a two-year ban on new algorithmic stablecoins such as TerraClassicUSD (USTC) which de-pegged from the US dollar earlier this year causing widespread crypto market contagion.The bill would criminalize the creation or issuance of new “endogenously collateralized stablecoins,” according to a current draft of the....