Trump agencies to set crypto policy as bill stalls, limiting industry's gains
The SEC and Commodity Futures Trading Commission are advancing crypto rules as lawmakers miss a deal, leaving the industry facing possible court challenges and reversal.
8 Articles
8 Articles
Trump agencies to set crypto policy as bill stalls, limiting industry's gains
As sweeping U.S. crypto legislation stalls, President Donald Trump's regulators are set to fill the void, but efforts to write favorable rules for the digital asset industry will be contentious and could be overturned by future administrations.
Dems target Donald Trump’s crypto business with legislation blocking presidents and other senior government officials from owning or controlling banks
Democratic lawmakers led by Sen. Elizabeth Warren have introduced legislation targeting potential conflicts of interest between public office and private banking after federal regulators conditionally approved a bank charter application linked to President Donald Trump’s family cryptocurrency venture. The bill came a day after the Office of the Comptroller of the Currency (OCC) granted preliminary...
While the U.S. Congress leaves the Cryptocurrency Clarity Act stalled, agencies under Donald Trump take the regulatory initiative, but their rules could be reversed by a future administration, generating uncertainty in the industry. *** Legislative stagnation: Congress fails to advance the Clarity Law, leaving crypted regulation in the hands of the SEC and the CFTC. Risk of reversal: The rules driven by Trump regulators could be revoked by a for…
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