News linked to both this project and an event.
Odaily News: Brian Armstrong stated on the X platform that the world's first truly global economy is coming, and it's time to advance tokenization in the US. Coinbase has launched its non-US tokenized stock business. The US Securities and Exchange Commission and SEC Chairman Paul Atkins are making progress with the Reg Crypto announced this week and the Innovation Exemption expected to be unveiled soon. As these measures move forward, the Senate should follow suit and pass the Clarity Act in the fall to ensure long-term stability in US rules.
The U.S. House Financial Services Committee has advanced the Crypto Regulation Without Clarity Act, with CFTC Chairman Behnam criticizing the bill for failing to provide a clear regulatory framework and instead increasing market uncertainty.
US CFTC Chair Caroline Pham has directed her team to prepare crypto regulatory rules in the event that congressional legislation fails, to prevent a regulatory vacuum resulting from the failure of the Clarity Act.
Odaily News: US Commodity Futures Trading Commission (CFTC) Chair Michael Selig said on Thursday that even if Congress fails to pass the Clarity Act, the crypto industry will eventually see market structure regulatory rules. Selig stated that establishing a market structure is very important, which can be achieved either through the formulation of regulatory rules or through legislation. The CFTC is weighing a series of potential cryptocurrency rules and is still awaiting progress on the Clarity Act. The bill, which would grant the CFTC primary authority over the digital asset industry, is currently deadlocked in the Senate and is scheduled for a procedural vote in mid-September. However, it remains highly contentious and may struggle to secure enough votes before lawmakers shift their focus to the November midterm elections. Selig added that legislation is the most reliable way to define the crypto market structure, but the CFTC also holds considerable power under existing regulations; if it needs to exercise that power to set rules without supporting legislation, the CFTC will do so.
According to CoinDesk, Bitcoin climbed to around $72,300 during the early Thursday European session, driven by U.S. President Trump's renewed call for Congress to pass the "Clarity Act," a crypto market structure bill, amid growing institutional interest. Erald Ghoos, CEO of OKX Europe, stated that regulatory clarity in the United States could boost confidence in the crypto market within the world's largest economy and channel capital back from the AI and semiconductor sectors into digital assets.
According to The Block, Securitize President Brett Redfearn stated that the U.S. Securities and Exchange Commission withdrew the crypto innovation exemption rules last Friday due to concerns over the voting progress of the Clarity Act. Redfearn expects the rules to be introduced following the Senate vote on September 15, likely in early October.
Odaily News: At a meeting held at the White House yesterday with executives from the crypto industry and financial institutions, Trump urged Congress to pass a "fair version" of the Clarity Act (a crypto market structure bill) to establish a clearer regulatory framework for digital assets. Relevant data shows that the probability of the bill passing within the year has risen from 18% previously to 22%.
Odaily News: During a meeting at the White House with executives from crypto and financial firms, U.S. President Donald Trump urged Congress to pass a "fair version" of the Clarity Act, stating that market structure legislation is the next step in his digital assets policy.The meeting was attended by Commodity Futures Trading Commission (CFTC) Chairman Michael Selig, Securities and Exchange Commission (SEC) Chairman Paul Atkins, White House crypto advisor Patrick Witt, as well as executives from Coinbase, Ripple, Robinhood, and Kraken.The Clarity Act would establish federal rules for digital assets and clarify the regulatory jurisdictions of the SEC and CFTC. The bill is expected to return to the Senate in September, where Republicans will still need support from about six Democratic senators to reach the 60-vote threshold. (Decrypt)
Trump is expected to attend the White House crypto meeting on August 19, pushing for a final Senate vote on the Digital Asset Market Clarity Act, with the bill's ethical provisions remaining the key sticking point.
According to CoinDesk, American Bankers Association CEO Rob Nichols stated that the association supports the Clarity Act establishing a digital asset regulatory framework, but believes the provisions regarding stablecoin rewards in the bill still need strengthening. Their concern is that if related parties such as crypto trading platforms provide interest-like rewards to stablecoin holders, it could prompt funds to flow from bank deposits to stablecoin wallets, affecting banks' lending capacity.
Odaily News - Solana Policy Institute CEO Miller Whitehouse-Levine stated that the window for the Clarity Act to pass before the November midterm elections is closing rapidly. Speaking at the Wyoming Blockchain Symposium 2026, he estimated that the probability of the bill becoming law before the midterms is only about 10%.Whitehouse-Levine described the bill as currently being in "August recess purgatory." He noted that the Senate has been working on the legislation for over a year, but as time in the current Congress runs out, completing the legislative process is becoming increasingly difficult.He added that the procedural motion scheduled for September 15 is only the first step in a series of votes needed to move the bill forward, so he remains "hopeful, but realistic about the odds."This assessment is more pessimistic than that of prediction markets. Polymarket currently shows a 21% probability of the Clarity Act being signed into law by year-end, with trading volume exceeding $7 million on the relevant market; Kalshi puts the probability at 23%, down from 50% less than a month ago.
According to Odaily, Patrick Witt, the White House's chief crypto advisor, stated that despite ongoing controversies surrounding stablecoin yields and conflicts of interest involving Trump's crypto holdings, he remains optimistic that the Clarity Act will ultimately become law.Speaking at the SALT annual conference in Wyoming on Tuesday, Witt noted that lawmakers are currently in the August recess and are expected to return to Washington in mid-September. Senate Majority Leader John Thune has scheduled a procedural vote on the bill for September 15.Witt said the White House will sit down with Democrats to discuss points of disagreement and work to secure solid votes by September 15. He expressed that he is "genuinely optimistic and bullish" on the bill.The Clarity Act, spanning over 600 pages, aims to establish a comprehensive federal regulatory framework for the U.S. crypto industry, but has faced multiple setbacks over the past few months. Key disputes currently include how to treat stablecoin yields, as well as Democratic concerns over conflicts of interest involving Trump and his family's crypto business ventures.Overall, the September 15 vote will be a critical juncture for whether the Clarity Act can continue to advance. While the White House is attempting to send positive signals, the bill still requires bipartisan support, particularly in reaching compromises on issues such as stablecoins, ethics provisions, and regulatory division of labor.
Odaily News, Ripple Chief Legal Officer Stuart Alderoty stated that September 15 will be a key date for determining whether the U.S. "Clarity Act" crypto market structure bill can continue to advance.Alderoty said at the Wyoming Blockchain Symposium 2026 that the Senate will hold its first procedural motion on September 15, namely whether to enter deliberation. The motion requires 60 votes of support to open the door for the bill's subsequent progress. He noted that this day will serve as a "barometer" for judging whether the Clarity Act can still move forward in Congress.Alderoty also serves as Chairman of the National Crypto Association. He stated that even if market structure legislation hits a roadblock, both the SEC and CFTC have publicly stated that they will continue to advance crypto regulatory rulemaking.He believes that the two regulatory agencies' closer coordination in recent times is a positive signal. In the past, the SEC and CFTC did not always work collaboratively, but now both sides are engaging in closer cooperation around crypto asset regulation.However, Alderoty emphasized that what the industry most hopes to see remains congressional legislation, because legislation is more stable than mere regulatory rules and harder to overturn. He stated that regardless of the outcome, the U.S. will see crypto regulation; the difference lies in whether the framework is established through a more enduring congressional bill or advanced by regulators acting alone.
Odaily News: The U.S. Securities and Exchange Commission (SEC) has proposed rules related to crypto assets, aiming to establish a clear framework for eligible investment contracts and provide a targeted securities offering regime for token issuances, enabling related entities to raise funds while retaining investor protection measures. The proposed rules would allow crypto companies to issue up to $5 million in tokens over four years, or up to $75 million in tokens within 12 months, and provide a safe harbor to prevent cryptocurrencies from being deemed "investment contracts." Issuers would be required to disclose financial statements and provide ongoing reporting. The SEC did not include the previously anticipated "innovation exemption" for crypto stocks. The proposal comes just days after the U.S. Senate failed to advance the Digital Asset Market Clarity (CLARITY) Act; the public will have 60 days to submit comments after the proposal is published in the Federal Register. SEC Chair Paul Atkins stated that congressional legislation remains essential for establishing rules that can be applied over the long term, and the SEC will continue to support Congress in advancing the CLARITY Act to President Trump. The Commodity Futures Trading Commission (CFTC) plans to discuss cryptocurrency, AI, and prediction market regulation on Thursday. (Cointelegraph)
Odaily News: The U.S. Securities and Exchange Commission (SEC) abruptly canceled a meeting originally scheduled for last Friday. The meeting was intended to advance crypto regulatory rulemaking and unveil repeatedly delayed innovation exemption arrangements. The pause may be related to the Clarity Act. Earlier last week, the SEC announced it would hold a public meeting where commissioners would discuss the Reg Crypto proposal, covering how companies can raise funds through tokens and eventually exit SEC oversight after issuing their own digital assets. The SEC had also planned to unveil at least some innovation exemption arrangements regarding how securities-token issuers handle underlying securities. Neither of these initiatives moved forward as scheduled. (CoinDesk)
Odaily News, Mizuho analysts lowered the price target for crypto custodian BitGo from $14 to $11, while maintaining an "Outperform" rating. At the time of the report, BitGo's stock was trading at approximately $5.61.Mizuho believes that the market generally views the delay of the U.S. crypto market structure bill, the Clarity Act, as bearish, but for BitGo, this could actually be an advantage. This is because BitGo already operates the first federally chartered digital asset trust bank owned by a public company, and its regulatory standing does not depend on the passage of new legislation.Analysts noted that the Clarity Act aims to establish a framework for the U.S. digital asset market structure and clarify the division of powers among different regulatory agencies. However, due to repeated negotiations on key issues, the bill has faced ongoing delays.In Mizuho's view, the longer regulatory uncertainty persists each quarter, the more BitGo's existing licenses and first-mover compliance advantages accumulate, and the higher the barriers for new entrants. In other words, the later regulation is finalized, the more "trusted and already licensed" becomes BitGo's core competitive strength.
According to Decrypt, the U.S. Securities and Exchange Commission (SEC) has canceled the public meeting originally scheduled for this Friday. The meeting was planned for three commissioners to vote and discuss whether to seek public comment on an issuance exemption framework tailored for crypto assets—this would be the SEC's first time advancing targeted legislation for the crypto industry. An SEC spokesperson announced the cancellation citing "unforeseen scheduling issues" without announcing a new date. Meanwhile, the U.S. Senate adjourned last Saturday, failing to advance the Clarity Act, and data from prediction market Myriad shows the probability of the bill being signed into law within 2026 is only 20%. Notably, the Commodity Futures Trading Commission (CFTC) will still hold the first meeting of the Innovation Advisory Committee as scheduled on August 20, with agenda items covering "crypto regulatory evolution" and artificial intelligence, but this meeting will only produce recommendations and does not carry legislative authority.
Citigroup CEO Jane Fraser stated that despite remaining concerns regarding the stablecoin incentive provisions in the Clarity Act, she generally supports the advancement of cryptocurrency legislation and expressed hope that "a good bill can be passed."
Odaily Odaily News: Fox Business crypto reporter posted on X platform, stating that according to a source familiar with the matter, the U.S. Securities and Exchange Commission's tokenization innovation exemption will be further delayed, and relevant details will remain undisclosed for now. The source noted that one possible reason is that the tokenization provisions in Section 10505 of the Clarity Act have been under repeated consultation among stakeholders, and any action taken by the SEC through the innovation exemption could affect the compromise plan for those provisions. This means that until the path forward for the Clarity Act becomes clearer, the exemption may remain on hold. The SEC still plans to hold a public meeting at 10 a.m. tomorrow, during which it intends to propose new rules and exemptions for fundraising transactions involving crypto assets, namely Regulation Crypto Assets.
Odaily News: The U.S. Securities and Exchange Commission (SEC) will hold a public meeting on August 14 to consider proposing a "Regulation Crypto" rule framework that would allow certain crypto projects to raise funds without completing full securities registration. If public comment is initiated, this would mark the SEC's first formal, long-term crypto industry rulemaking. The framework is expected to establish a pathway for exiting SEC oversight: after project developers raise funds, if they no longer actively manage the project and the project achieves decentralization, it may fall outside SEC jurisdiction. SEC Chair Paul Atkins has previously stated that the exemption period could last up to four years, though the announcement did not disclose funding amount thresholds. The U.S. Senate did not advance the Digital Asset Market Clarity Act before entering its August recess. The final rule will still take several months to complete, and the meeting will be held at 10:00 a.m. ET on August 14. (Decrypt)