By admin Senate Republicans have released a revised CLARITY Act that runs 630 pages and aims to establish a federal framework for digital assets while tightening rules for non-decentralized DeFi and stablecoins. The revised text, led by Senator Cynthia Lummis, incorporates more than 100 changes requested by Democrats and rebrands Title I as the Lummis […]
Tag: CFTC
By Nynu Jamal Key highlights: Citadel Securities wants prediction markets to be regulated by the SEC Contracts based on KPIs of public companies should be treated as security-based swaps The company believes that the SEC’s regulation could mitigate the rising insider trading risks American market-making firm Citadel Securities is gaining attention with its latest comments […]
By Michael Adeleke Key highlights: Brian Armstrong said crypto rules would advance even if the crypto bill stalls He added that the bill still has strong bipartisan support and a good chance of passing Armstrong said clear regulation would also be key for stablecoin payments Coinbase CEO Brian Armstrong said the crypto industry would get […]