Regulation & Politics
Examining the laws, guidelines, and policies governing the operation of cryptocurrencies, blockchain technology, and financial services.
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a16z's Miles Jennings Says Banks Fighting the CLARITY Act Are 'Accelerating Their Own Obsolescence'
Six banking trade groups are still pressing senators to tighten the bill's prohibition on interest-like rewards for holding stablecoins, a payment Jennings says will continue under GENIUS if CLARITY dies.

Traders Push CLARITY Act Odds Into 2027 After Thune Skips Cloture Filing
Kalshi's Sept. 1 contract now trades at 2 cents, while the price on enactment before Jan. 1, 2028 ticked up, moving the implied probability out of this year and into the next.
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a16z's Miles Jennings Says Banks Fighting the CLARITY Act Are 'Accelerating Their Own Obsolescence'
Six banking trade groups are still pressing senators to tighten the bill's prohibition on interest-like rewards for holding stablecoins, a payment Jennings says will continue under GENIUS if CLARITY dies.

Traders Push CLARITY Act Odds Into 2027 After Thune Skips Cloture Filing
Kalshi's Sept. 1 contract now trades at 2 cents, while the price on enactment before Jan. 1, 2028 ticked up, moving the implied probability out of this year and into the next.

US Sanctions Iranian Marine Insurers Taking Bitcoin for Strait of Hormuz Passage
Treasury says HormuzSafe, developed by Iran's Ministry of Economy, accepted digital assets to fund an IRGC-backed 'extortion' scheme targeting commercial shipping.

Securitize Registers Capital Affiliate as SEC Investment Adviser
Securitize Capital's registration took effect July 22, SEC records show, adding an advisory license to the tokenization firm's U.S. regulatory lineup three weeks after its NYSE debut.

India Orders GitHub to Remove Jack Dorsey's Bitchat Code
India's cybercrime agency gave GitHub three hours to pull three Bitchat repositories, objecting to the mesh messaging app's ability to work during internet shutdowns amid protests in New Delhi. Digital rights advocates called the order unconstitutional.

SEC's Peirce Says Onchain Vaults, Lending Can Trigger Securities Laws
The Commissioner known as 'Crypto Mom' framed the statement as an invitation to engage rather than an enforcement threat, warning builders who twist the law that they "will have a painful fall."

Crypto Industry Pushes for Senate Vote on New CLARITY Act Text as Democrats Blast Ethics Plan
Coinbase, the Blockchain Association and the DeFi Education Fund urged the Senate to pass the 616-page merged draft, while Sen. Angela Alsobrooks called its DOJ-led ethics enforcement "wild and unserious and stone-cold crazy."

Crypto Rallies as Reported Ethics Deal Revives Odds of CLARITY Act Senate Vote
Bitcoin reclaimed $66,000 after reports that the White House circulated agreed-upon ethics-provision language to Senate Republicans, removing the main obstacle to a floor vote before the August recess.

CFTC Orders Kalshi to Honor Trades a Michigan Court Told It to Cancel
The regulator stayed a Kalshi rule change and invoked emergency authority, calling the first state attempt to void executed derivatives trades unprecedented.

Argentine Judge Orders ID, Freeze of 25 LIBRA-Linked Crypto Wallets
The order targets holders at Binance, Bybit, OKX and Bitfinex, but analyst Fernando Molina says no funds have actually been frozen yet.


