SEC Commissioner Hester Peirce said the Clarity Act is likely to pass this summer as the Trump administration pushes for clearer U.S. crypto rules. A Senate floor vote is planned for September 15, though timing remains uncertain.
The US Supreme Court ruled 6-3 that President Trump can remove SEC and CFTC commissioners without cause, overturning a 91-year precedent. The decision directly threatens job security of crypto regulators as crypto-focused legislation advances toward a floor vote.
Nearly 1,700 British retail investors filed a High Court claim against Binance and former CEO Changpeng Zhao, alleging unauthorized cryptocurrency derivatives sales to UK users. The claim seeks between £150 million and $200 million in damages.
President Trump's federal financial disclosure revealed at least $1.4 billion in crypto-related earnings for 2025, making it one of his most lucrative business ventures. Critics argue the substantial windfall creates a conflict with his administration's role in shaping crypto policy.
U.S. spot Bitcoin ETFs experienced $4.5 billion in net redemptions in June as investors reduced risk exposure ahead of Federal Reserve policy announcements. The outflows marked the worst monthly performance since the funds launched.
Written by CoinArticle's AI Newsroom from cited sources. Not financial advice.
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