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Banking

Senate Banking Committee plans to hold Clarity Act hearing on Thursday

Senate Banking Committee plans to hold Clarity Act hearing on Thursday

1 month ago by Crypto InsightsCrypto

The Senate Banking Committee plans to hold its long-awaited markup hearing for the Digital Asset Market Clarity Act of 2025 (otherwise known as the Clarity Act) on Thursday, May 14 at 10:30 a.m. The Clarity Act was largely in limbo after Coinbase CEO Brian Armstrong… Read More

Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup

Crypto industry backs CLARITY Act yield compromise, pushes Senate Banking for markup

2 months ago by Crypto InsightsCrypto

Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) releasing a compromise text Friday on stablecoin yield in the Digital Asset Market Clarity Act, the final major sticking point in… Read More

BTC’s next bull run to be driven by banking and digital credit, says Strategy’s Michael Saylor

BTC’s next bull run to be driven by banking and digital credit, says Strategy’s Michael Saylor

2 months ago by Crypto InsightsCrypto

Michael Saylor, executive chairman of Strategy (MSTR), believes bitcoin likely bottomed in early February at $60,000. Speaking at a recent Mizuho event, Saylor reiterated his long-held view that bottoms aren’t necessarily about valuations but are driven by seller exhaustion, analysts Dan Dolev and Alexander Jenkins… Read More

Crypto-friendly fintech giant Revolut files for U.S. banking license

Crypto-friendly fintech giant Revolut files for U.S. banking license

4 months ago by Crypto InsightsCrypto

Revolut, the U.K. fintech giant that offers crypto trading, filed an application for a U.S. banking license with the Office of the Comptroller of the Currency (OCC), a key step in its push to expand in the American financial system. If approved, the license would… Read More

Bank lobby targets stablecoin yield and open banking in policy push

Bank lobby targets stablecoin yield and open banking in policy push

5 months ago by Crypto InsightsCrypto

The American Bankers Association’s latest priorities aim to limit how digital dollars earn returns and how financial data is shared as lawmakers debate U.S. crypto market structure legislation.

Senate Banking Committee cancels crypto market structure markup

Senate Banking Committee cancels crypto market structure markup

5 months ago by Crypto InsightsCrypto

The committee’s Republican chairman, Tim Scott, had pushed for a quick process before it collapsed under the weigh of unfinished business.

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