Trump Presses Congress to Pass Clarity Act, Warns Banks Not to Undermine US Crypto Agenda

Passing the Digital Asset Market Clarity Act of 2025, also known as CLARITY, will help to reshore the crypto industry in the United States, according to Bill Hughes,...

Key TakeawaysSenate Banking scheduled a May 14 markup for the CLARITY Act at 10:30 a.m.Committee members will debate amendments before deciding whether the crypto bill advances further.Industry groups...

Key TakeawaysPeirce said regulators should understand evolving markets before deciding whether new rules are needed.Retail investors continue trading crypto, metals, ETFs, and perpetual futures through simplified digital platforms.Jurisdiction...

Key TakeawaysAtkins highlighted broader SEC interest in formal onchain market structure rulemaking.Blockchain-based trading and clearing systems may receive tailored regulatory treatment under future proposals.Crypto vaults drew increased attention...

Key TakeawaysIowa requires crypto ATM operators to hold money transmission licenses before running kiosks.Location reporting, fee disclosures, and consumer protection penalties expand state oversight authority.Enforcement actions may seek...