Zeros

So Close, Again: Where the CLARITY Act Actually Stands There's a particular flavor of American tiredness reserved for bills that almost make it. I remember the credit card reform push years ago — the interchange fee fights, the swipe fee caps, the coalitions that formed and reformed and eventually just quietly stopped meeting. Nothing dramatic killed it. It just ran out of August. The CLARITY Act is starting to feel like that. It cleared the House back in July 2025 with a wide, almost startling bipartisan margin . It cleared the Senate Banking Committee in May, again with votes from both sides . It landed on the Senate calendar in June, formally eligible for a floor vote. And then it stopped , the way these things stop — not with a defeat , but with a Majority Leader telling reporters he doesn't expect to get to it before the summer recess . The obstacle this time is an ethics provision , the kind of thing that sounds like a technicality until you n...

The CLARITY Act: What It Is, Where It Stands, and What Happens This Week A bill is currently working its way through the United States Senate that, if passed, would fundamentally change how digital assets are regulated in the country . It is called the Digital Asset Market Clarity Act of 2025, and it has been in various stages of becoming law for nearly a year . This week, it hits one of the most consequential checkpoints yet. The core problem the CLARITY Act aims to address is a longstanding turf war that has been ongoing for years. Both the Securities and Exchange Commission and the Commodity Futures Trading Commission have claimed authority over digital assets, and they have rarely agreed on where one agency's reach ends and the other's begins. The result has been what regulators and industry lawyers both describe as regulation by enforcement — meaning the rules get written after the lawsuit, not before . The CLARITY Act would draw a clear line: the CFTC gets ...

Labor Federation Opposes Senate Cryptocurrency Bill The AFL-CIO has formally opposed the Responsible Financial Innovation Act , a Senate bill that would establish regulatory frameworks for digital currency. The Teamster's objections center on worker retirement security and systemic financial risk . The legislation would permit FDIC -insured banks to custody and trade digital assets directly. It would also allow companies to issue tokenized financial assets with reduced SEC oversight. The AFL-CIO argues these provisions create a " facade of regulation " that legitimizes cryptocurrency without adequate consumer protection. The Teamster's primary concern involves retirement funds . Millions of workers whose pensions and 401(k)s are managed through institutional channels could face exposure to cryptocurrency volatility if the bill passes. Current regulations prevent insured banks from engaging in high-risk  trading. The proposed legislation would remove...