In brief
The Senate just released a discussion draft of its own crypto market structure legislation.
The House passed a companion bill last week, dubbed the CLARITY ACT.
The Senate's version differs in…
World Liberty Financial (WLFI), the issuer of the USD1 stablecoin, publicly rejected a Senate probe into its operations, dismissing the inquiry as politically motivated and lacking substance.The public response came…
After a suddenly rocky road for the U.S. legislative effort to regulate stablecoin issuers, the Senate is poised to move forward again with newly polished language in the bill that…
The latest draft of the U.S. Senate's stablecoin legislation includes enough changes that Democratic senators may now have an easier time getting back on board, though consumer advocates say it…