Topic: #legislation
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Digital Asset Clarity Act stalls in Senate as August recess looms
The U.S. Senate has not yet indicated whether it will advance the Digital Asset Market Clarity Act before its summer recess on August 7. Negotiations over ethics provisions and agricultural language continue, with multiple scenarios possible ranging from an immediate vote to delay until September.
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Senate races to pass CLARITY Act before August recess amid GOP opposition
The CLARITY Act, which would regulate stablecoins and digital asset platforms, enters its final week before the Senate's August recess with a 30% passage probability. Republican and Democratic objections threaten to derail the bill by Friday.
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Senate Faces Week-Long Window to Advance Digital Asset Clarity Act
The Senate heads into recess in one week with the Digital Asset Market Clarity Act still unresolved. An ethics provision stalemate between lawmakers and the White House is the primary blocker, though a procedural vote this week could position the bill for passage in September.
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Louisiana Act 482 grants crypto ATM refund rights starting Aug. 1
Starting August 1, Louisiana's Act 482 lets users cancel virtual-currency-kiosk transactions and demand full refunds if the operator lacked proper licensing at the time of the trade. Operators have 10 business days to respond and 90 calendar days to process refunds.
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Flock Safety Cameras Face Congressional Backlash Over Privacy Abuse
Public opposition to Flock Safety's automated license plate reader cameras has spread from city council meetings to Congress, where Rep. Thomas Massie plans legislation to withhold federal funding from agencies deploying the technology, amid documented cases of officer abuse and activist protests.
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CLARITY Act passage odds fall to 30% as Senate faces July 30 deadline
Galaxy Digital cut its estimate for CLARITY Act passage to 30% from 50%, saying the Senate must strike a deal by July 30 to allow floor proceedings before August recess. Republicans control 53 seats but need 60 votes to overcome a filibuster.
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CLARITY Act stalls as ethics fight over Trump memecoin splits support
The CLARITY Act's path to passage is splitting: law enforcement opposition moved to neutral ground this week, but Senator Gillibrand's push to bar officials from issuing digital assets has become Democrats' condition for voting yes.
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Crypto Startups Face Institutional Barriers: Regulation Replaces Wild West
Crypto startups in 2017 could launch in days with minimal capital and no licensing. In 2026, entering regulated markets requires lawyers, compliance staff, and millions in annual costs—barriers that now resemble traditional finance.
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Senate leaders push CLARITY Act passage before July 13 recess
Republican Senate leaders are racing to pass the CLARITY Act within a four-week window before July 13 recess, but President Trump's recent move to block another bill has cast doubt on the cryptocurrency regulation measure's future.