CFTC Chair Selig orders crypto market rules work as Clarity Act Senate window shrinks
He floated a DCM-style “crypto asset market” label as a fallback if the bill cannot reach 60 votes within three weeks.
Government policy and legal frameworks affecting crypto.
He floated a DCM-style “crypto asset market” label as a fallback if the bill cannot reach 60 votes within three weeks.
His pitch on microtransactions landed as the CFTC floated a lighter-touch SEF order book proposal with a 30-day comment window.
Users can hold, send, and receive USDU now, while swaps and buy-sell are slated for later via third parties.
Coinbase’s CEO argues programmable, global, instant, low-fee rails fit autonomous agent payments, but flags regulation and volatility as blockers.
The case lands as OpenAI discloses that 0.15% of weekly users show explicit suicidal-intent indicators in chats.
The regulator said the expedited case is final and centered on white-paper timing and marketing disclosures.
Trezor and SafePal disclosed breaches affecting 50,000+ customers while the SEC pulled a planned crypto rules meeting.
Muse Glimmer and Nemotron 3.5 Lightning land after a July 24 industry letter urging no “premature restrictions” on open weights.
The city also names Robinhood, Webull, and Coinbase as Kalshi partners in deceptive-marketing claims in Maryland.
U.S. rules remain fragmented, but SEC and CFTC joint guidance in 2025–2026 hints at a more unified compliance path.
The bill needs 60 votes for cloture, and ethics and banking objections could push the catalyst into mid-September.
Trust Wallet access and Robinhood’s own AI-agent tooling could make U.S. restrictions harder to enforce at the contract layer.
The filing details are not in the packet, leaving the alleged conduct and any non-monetary terms unresolved.
Across 200 transfers, costs ran from 0.3% to nearly 9% and speed depended on local instant-payment rails.
A rotation narrative is building toward BTC, ETH, RWAs, stablecoin rails, payments, and infrastructure, but the evidence is qualitative.
A new policy report argues interim licensing guidance should precede the stalled Digital Asset Basic Act.
In Senate testimony, James argued the bill shifts oversight toward the CFTC and pushed tougher AML, surveillance, and liability rules.
The designation is part of the EU’s 21st Russia sanctions package adopted on July 23.
The move formalizes a split between enforcement and regulation as PVARA continues licensing exchanges.
She tied the bill to GENIUS Act’s first anniversary and argued it would define SEC–CFTC roles and strengthen bankruptcy protections.