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Showing posts with the label GeniusAct

🪅 I Don't Practice Santeria, I Ain’t Got No Crystal Ball 🔮

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Digital Currency Regulation: Congratulations, We Have a Patchwork Well , congratulations, digital currency hobbyists. After years of hearings , negotiations, press conferences, bipartisan handshakes and enough regulatory discussion to fill several congressional warehouses, we are still waiting for Congress to build the actual road . The latest problem is the CLARITY Act , the big market-structure bill intended to establish clearer rules for digital assets and divide regulatory responsibilities between the SEC and CFTC . On September 15 , the Senate failed to advance it. The procedural vote was 50-49, well short of the 60 votes needed . So here we are again : digital currency regulation by committee, agency interpretation, enforcement action, proposed rule, state law, and whatever piece of legislation happens to survive the political weather that particular week. To be fair , Congress has accomplished something. The GENIUS Act became law in 2025 and established a federal f...