Crypto Policy Shifts at Consensus Miami
White House adviser Patrick Witt indicated the Clarity Act could be signed into law by July 4, while Senator Kirsten Gillibrand advocated for ethics provisions in the market structure bill. #Update #Crypto
White House adviser Patrick Witt indicated the Clarity Act could be signed into law by July 4, while Senator Kirsten Gillibrand advocated for ethics provisions in the market structure bill. #Update #Crypto
Crypto markets show low energy, with $BTC at $80,953.28 and $ETH near $2,300. Advisors are building durable allocations beyond BTC, focusing on long-term strategies. #Update #Crypto $BTC
Consensus 2026 in Miami begins Tuesday, featuring key policy sessions on decentralized finance regulation, IRS approaches to digital assets, and the evolving landscape of stablecoin regulations. #Update #Crypto $BTC $ETH
The crypto market structure bill is unlikely to advance before Memorial Day, with over 100 industry voices urging action as time runs out for legislative clarity. #Update #Crypto $BTC $ETH
@KelpDAO’s cross-chain bridge was exploited for $292 million, draining 116,500 rsETH, leading to Aave’s exposure and potential bad debt of up to $230 million. #Breaking #Crypto $ETH (-8) ↘
@CoinDesk’s Consensus Miami will explore crypto policy issues, including stablecoin regulations and tax reforms, as Congress debates market structure legislation amid stagnant crypto prices. #Update #Crypto $BTC
Congressmen Steven Horsford and Max Miller re-introduced the PARITY Act to update U.S. crypto tax policy, potentially including de minimis exemptions for small transactions. #Update #Crypto $BTC
CFTC Chairman Mike Selig asserts the agency’s exclusive authority over prediction markets, filing lawsuits against states to clarify regulatory jurisdiction under the Commodity Exchange Act. #Update #Legal $BTC
@Bernstein reports that the quantum computing threat to Bitcoin is real but manageable, emphasizing it as a long-term upgrade cycle rather than an immediate risk. #Update #Crypto $BTC
Google’s Quantum AI team claims breaking Bitcoin may require fewer than 500,000 qubits, raising concerns about quantum threats to crypto security. #Breaking #Crypto $BTC
Senators Angela Alsobrooks and Thom Tillis unveil a crypto market structure bill addressing stablecoin yield, but industry representatives express dissatisfaction ahead of the anticipated markup later this month. #Update #Crypto
@SECGov and @CFTCgov have signed a memorandum to collaborate on crypto regulation, signaling an end to their turf war. This joint effort aims to clarify digital asset definitions. #Update #Crypto $BTC
Key senators may advance the Digital Asset Market Clarity Act as negotiations intensify over stablecoin yield, with support from @DonaldTrump and JPMorgan’s Jamie Dimon. #Update #Crypto $USDT
The OCC’s proposed rulemaking under the GENIUS Act may restrict stablecoin yield payouts, raising concerns among crypto firms about compliance and potential bans on interest payments. #Update #Crypto $USDC