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Regulation · Event
US crypto market-structure bill moves toward the Senate floor with ethics terms contested
The Banking Committee advanced the CLARITY Act 15-9 in May. A merged Banking-Agriculture text arrived on July 22, but lawmakers still disagree over stablecoin rewards, anti-money-laundering safeguards and restrictions on public officials' crypto businesses.
2 min readRegulation · Deep DiveThe SEC-CFTC taxonomy separates the token from the deal. That changes the crypto securities question
Washington's March interpretation separates the asset, the promises made around it, the transaction under review and the intermediary that carries it. The release supersedes the SEC staff's 2019 framework, but applies existing law rather than creating a complete market-structure rulebook.
11 min read