Inside the last-minute political breakdown that doomed the Clarity Act vote
Last minute, behind-the-scenes disputes locked in a dismal showing for the market structure legislation the industry pinned its greatest hopes on.
News Analysis
Crypto’s Clarity Act is a Schrödinger’s cat in life-death limbo as U.S. Senate returns
The crypto industry eagerly awaits a September 15 vote, though it might not happen. Or maybe it will. Or it might get delayed or reappear in some other form.
Kalshi and prediction market sector embroiled in mixed bag of legal fights across U.S.
Some of the many battles with state gaming regulators aren’t going well for the industry at the moment, but it isn’t without its would-be government protectors.
The crypto industry’s massive political war chest is starting to lean Republican ahead of midterms
As crypto world notches political wins in Texas and beyond, some of its emerging political action committees ditch bipartisan approach for a Republican focus.
SEC Commissioner Peirce counters views that crypto rule will foster synthetic tokens
Hester Peirce, the commissioner behind the SEC’s Crypto Task Force, made statements on the now-delayed proposal, perhaps tamping down mistaken beliefs.
Fairshake’s $10 million Illinois misfire marks first big hitch in crypto political surge
The crypto sector’s leading political action committee devoted more than 5% of its war chest trying to defeat a Senate candidate who just won her primary.
Those who cheered U.S. Bitcoin reserve have spent year watching Trump’s order languish
The executive order to build President Donald Trump’s Strategic Bitcoin Reserve has awaited congressional action, and sources say there’s one idea left for 2026.
Kraken’s surprise Fed win may harken onslaught of crypto firms with narrow Fed access
The Kansas City Fed may term this “Tier 3” access, but Kraken’s entry into the vaunted Fed payments system has riled bankers and raised crypto hopes.
Weekly Recap: Circle Scores Big on IPO Fever
USDC stablecoin issuer leads what is likely to be a summer of IPOs for crypto companies.
CoinDesk Weekly Recap: Even ETH Is Up
PLUS: Coinbase’s big deal; Pectra upgrade; stablecoins penetrate; bitcoin lending returns.