Crypto Bill Mired in Debate Over Rules to Stop President From Selling Coins | Crypto Craft

  • Crypto Bill Mired in Debate Over Rules to Stop President From Selling Coins

    From dnyuz.com

    A sweeping cryptocurrency bill is approaching a final vote in the Senate this summer, with support from Republicans and some Democrats — and backed by an industry that has spent tens of millions of dollars to shape it. But lately a major sticking point has emerged: the $1.4 billion in crypto revenue that President Trump disclosed in June, after a year of astonishing moneymaking by his family’s network of crypto businesses. Now as the landmark legislation, known as the Clarity Act, inches toward passage, Senate Democrats are pushing for strict language in the bill that would bar public officials from selling ... (full story)

Comment Options

  • Related Stories

Goldman Sachs CEO: It’s time to advance the crypto bill
From politico.com | 53 min ago
Goldman Sachs Chairman and CEO David Solomon is throwing his weight behind a landmark crypto bill that would establish a new regulatory framework for digital asset markets, giving the measure a powerful line of support on Wall Street as other top bankers rally against key provisions. “The Clarity Act — like all legislation — is not perfect. And there are ...
China, US working on tariff cut plan agreed during summit
From @financialjuice | 11 hr ago | 71 comments
China, US working on tariff cut plan agreed during summit. China, US maintain close communication on tariff cuts - MofCom.
Trump: I am considering a massive attack. Larger than anything that has been done before. I am close to making a decision.
From @financialjuice | 4 hr ago | 58 comments
Trump to Israel's Channel 12 News: I am considering a massive attack. Larger than anything that has been done before. I am close to making a decision. President Trump told Axios on Thursday that he is seriously considering restarting major combat operations in Iran including strikes that would be bigger than the ones carried out during "Operation Epic Fury." Why it matters: In a brief interview, Trump acknowledged that such a decision would have consequences and stressed he hasn't made a determination yet. Trump didn't give a deadline for his decision. Two other U.S. officials confirmed no call has been made and no new orders have been given to the military. Trump Tells Axios That Iran Is Not Ready To Make A Deal.
  • Story Stats