Crypto Regulatory Breakthrough: CLARITY Act Clears Key Hurdle
The US crypto industry is one step closer to regulatory clarity after the CLARITY Act advanced through two congressional committees, setting up a pivotal House vote.
The US crypto industry is one step closer to regulatory clarity after the CLARITY Act advanced through two congressional committees, setting up a pivotal House vote.
The SEC’s newly revealed plans for conditional “innovation exemptions” present both opportunities and challenges for the crypto sector.
Crypto businesses operating abroad must stop services or obtain licensing by June 30, 2025, or face S$250,000 fines and three-year prison sentences.
Australia has implemented new restrictions on cryptocurrency ATMs, including a $5,000 AUD ($3,250) cap on cash transactions, as authorities report a spike in fraudulent activity.
The “CLARITY Act of 2025,” introduced by Representative French Hill with bipartisan support, outlines a comprehensive regulatory framework for digital assets, with significant implications for crypto businesses.
The lack of SEC guidance on staking is creating operational hurdles for crypto businesses, prompting industry groups to step up pressure for clarity.
On Monday, the Senate successfully moved forward with a major cryptocurrency regulation bill in a bipartisan effort, overcoming a recent blockade by Senate Democrats.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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