# Senate Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Senate", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Senator Seeks Trump Ban on Cryptocurrencies as 63% in Poll Find His Earnings Inappropriate

U.S. Senator Kirsten Gillibrand (D-NY) is pushing for a legally enforceable ban to prevent presidents, their spouses, and senior officials from issuing, promoting, or profiting from cryptocurrencies while in office. She has made this ethics provision a condition for her support of the broader Digital Asset Market Clarity Act, a bipartisan crypto regulatory bill. Gillibrand argues that without a strong ban, the legislation would permit self-enrichment. Her push follows a Reuters/Ipsos poll showing 63% of American adults find former President Trump's cryptocurrency earnings inappropriate. Trump's 2025 financial disclosure reported over $1.4 billion in crypto-related income, largely from the "Trump" meme coin and World Liberty Financial. The poll also indicated 69% believe Trump allows private business interests to influence his presidential decisions. Gillibrand's initial focus was on officials issuing or promoting digital assets, but her latest position explicitly includes profiting from them, citing concerns over financial conflicts of interest. The ethics debate is now central to the Senate fight over the CLARITY Act, with several Democrats calling for stronger provisions on consumer protection, illicit finance, and market integrity. Critics say the current bill has enforcement gaps. The CLARITY Act faces a key procedural vote on September 15th, requiring 60 votes to advance. With 53 Republican seats, supporters will need votes from at least seven Democrats or independents if all Republicans support it. Gillibrand stated she will not vote to give any president a "taxpayer-backed license to cash in on the office."

cryptonews.ruYesterday 19:11

Senator Seeks Trump Ban on Cryptocurrencies as 63% in Poll Find His Earnings Inappropriate

cryptonews.ruYesterday 19:11

Armstrong: Crypto Situation to Clear Up Regardless as Senate Vote Nears

Coinbase CEO Brian Armstrong attempted to calm market nerves ahead of a key Senate vote on cryptocurrency legislation next month. He stated that regulatory clarity is coming regardless, outlining two scenarios: the "CLARITY Act" (officially the Digital Asset Market Transparency Act) passing with over 60 Senate votes on September 15, or new rules from the CFTC and SEC by September 16. The bill, which passed the House in 2025 with bipartisan support, faces a Senate cloture vote on September 15. Republicans need at least seven Democratic votes to reach the 60-vote threshold. Failure could delay the bill, as Democrats seek stricter provisions on ethics and illicit finance, while Republicans prioritize regulatory certainty for crypto firms. Simultaneously, regulators are preparing their own frameworks. The CFTC is developing a "digital asset market" registration category, and the SEC and CFTC have a joint "Project Crypto" initiative with a five-category interpretive framework for digital assets. Armstrong linked his optimism about clarity to a bold Bitcoin price prediction of $300,000-$400,000 by 2030, citing institutional adoption, Bitcoin's fixed supply, and potential U.S. regulatory progress. With 15 weeks until the Senate vote, the industry anticipates imminent change, whether from Congress or federal agencies.

cryptonews.ru08/21 09:16

Armstrong: Crypto Situation to Clear Up Regardless as Senate Vote Nears

cryptonews.ru08/21 09:16

Most Americans find Trump family's crypto investments 'inappropriate': poll

A Reuters/Ipsos poll found that most Americans believe it is inappropriate for President Donald Trump and his family to earn income from cryptocurrency investments while he is in office. The survey, conducted from August 14-17, showed 63% of respondents stating that the Trumps should not make money from crypto. However, opinions were sharply divided along partisan lines, with 69% of Republicans deeming such investments appropriate, compared to 92% of Democrats who viewed them negatively. A June report from the U.S. Office of Government Ethics revealed Trump earned $1.4 billion in 2025 from crypto-related investments, including through the family company World Liberty Financial and his own "Official Trump" memecoin. While a White House spokesperson has insisted there is no conflict of interest, several lawmakers have called for investigations into these activities. During a recent press conference at the White House with industry leaders, Trump advocated for the passage of the Digital Asset Market Clarity Act, which aims to define regulatory oversight of digital assets. A procedural vote on the bill is scheduled for September 15.

cryptonews.ru08/20 20:15

Most Americans find Trump family's crypto investments 'inappropriate': poll

cryptonews.ru08/20 20:15

Trump pushes for CLARITY Act passage alongside crypto industry leaders

Former U.S. President Donald Trump, alongside crypto industry leaders like Coinbase CEO Brian Armstrong and Gemini founders Cameron and Tyler Winklevoss, is urging Congress to pass the "CLARITY Act" for crypto market regulation. He argues it is necessary for the U.S. to stay ahead of China. The bill, which passed the House in July 2025, is stalled in the Senate over concerns about tokenized securities, stablecoin yields, and potential Trump family conflicts of interest. Armstrong expressed confidence the bill has strong bipartisan support and could secure Senate passage. Trump linked the push to the late Senator Lindsey Graham, a key supporter. The meeting precedes a key CFTC advisory committee meeting on crypto regulation and follows new rule proposals from the SEC aimed at providing regulatory clarity for token issuers.

cryptonews.ru08/19 22:05

Trump pushes for CLARITY Act passage alongside crypto industry leaders

cryptonews.ru08/19 22:05

SEC Proposal a ‘Significant’ Step Forward From ‘Ill-Suited’ Crypto Rules: Commissioner Peirce

A U.S. Securities and Exchange Commission (SEC) commissioner, Hester M. Peirce, has called a new SEC proposal a significant improvement over what she termed a "misfit" set of crypto rules. Peirce stated that a whole generation has struggled due to the SEC's insistence on applying unsuitable regulations to cryptocurrencies, but the new proposal moves toward "clear, sensible, and enforceable rules for crypto offerings." SEC Chairman Paul S. Atkins also welcomed the initiative, noting in a separate statement that the agency's previous enforcement-heavy approach had driven investment overseas, limiting investor protections domestically. The proposal, announced on Tuesday, outlines new rules aimed at creating a clear and purposeful framework for certain investment contracts involving crypto assets, designed to allow organizations to raise capital while protecting investors. This move comes shortly after the U.S. Senate failed to advance the comprehensive Digital Asset Market Clarity (CLARITY) Act. Atkins had previously stated the SEC was prepared to develop rules for digital assets if the Senate could not pass the CLARITY Act. Meanwhile, Galaxy Digital has lowered its estimated odds of the CLARITY Act passing by 2026 to just 10%, citing numerous unresolved policy questions and the Senate's limited time—only about two to three weeks after reconvening on September 14—to pass it.

cryptonews.ru08/19 14:05

SEC Proposal a ‘Significant’ Step Forward From ‘Ill-Suited’ Crypto Rules: Commissioner Peirce

cryptonews.ru08/19 14:05

Trump's Initiative to Develop Cryptocurrency Market Regulations by SEC and CFTC Has Stalled

The Trump administration's initiative to have the SEC and CFTC develop rules for cryptocurrency markets has stalled as the key legislative bill, the CLARITY Act, remains stuck in the Senate. Lawmakers have only about 14 working days after their recess to pass the bill before the October elections, but it faces opposition from Democrats seeking stricter anti-money laundering rules and from a lawsuit by CME Group against the CFTC. Republicans have amended the bill to ban officials from issuing cryptocurrencies, but parties disagree on enforcement. As a workaround, the SEC is expected to propose a rule soon exempting some token offerings from securities regulations, while the CFTC plans to discuss cryptocurrencies at an industry event. A White House meeting with crypto industry leaders is also scheduled. However, industry leaders prefer legislation over agency rules, as rules can be challenged in court or revoked by a future administration. The SEC recently canceled a vote on its first official crypto-specific regulation, fearing it could undermine the CLARITY Act's chances. Pressure is mounting on the SEC to finalize rules before Commissioner Hester Peirce, who leads the agency's crypto task force, leaves in 2026. The SEC has also delayed an "innovation exemption" plan opposed by traditional financial groups.

cryptonews.ru08/18 22:26

Trump's Initiative to Develop Cryptocurrency Market Regulations by SEC and CFTC Has Stalled

cryptonews.ru08/18 22:26

Galaxy Reduces the Probability of CLARITY Act Passing to 10%

Galaxy Digital has slashed its odds for the U.S. Stablecoin Clarity Act (CLARITY) passing in 2026 to just 10%, down from 75% in May. According to Galaxy's Head of Firmwide Research, Alex Thorn, unresolved political issues—including ethics rules for officials involved in the crypto industry and banking sector pushback over stablecoin yield provisions—pose significant hurdles. With the Senate reconvening on September 14th, there will only be about two to three weeks for passage. Thorn warns the bill would need to dominate the entire legislative session to succeed, especially if an initial procedural vote isn't held immediately upon lawmakers' return. The CLARITY Act, which aims to establish the first U.S. regulatory framework for digital assets, cleared the Senate Banking Committee in May but faces opposition from most Democrats and banks. They argue it would let crypto companies offer yields on stablecoins without meeting the same requirements as banks. Despite a June push from over 200 crypto firms and organizations urging its passage, the legislation's prospects have dramatically diminished.

cryptonews.ru08/15 12:44

Galaxy Reduces the Probability of CLARITY Act Passing to 10%

cryptonews.ru08/15 12:44

Galaxy lowers CLARITY Act odds to 10%

Galaxy Digital has reduced its estimate for the passage of the Digital Asset Market Clarity (CLARITY) Act in 2026 to just 10%, citing significant unresolved political issues and a tight Senate schedule. According to the firm's research head Alex Thorn, the Senate, reconvening in September, would have only about two to three weeks to pass the bill, requiring it to dominate nearly the entire session. Key hurdles include debates over ethics rules for government officials in crypto and banking industry pushback against stablecoin yield provisions. Galaxy has progressively lowered its odds from 75% in May. The CLARITY Act, which aims to create the first U.S. regulatory framework for digital assets, passed a Senate committee in May but faces opposition from most Democrats and banks who argue it gives crypto firms an unfair advantage.

cointelegraph08/15 08:50

cointelegraph08/15 08:50

SEC Cancels Key Meeting on Cryptocurrency Regulation

The U.S. Securities and Exchange Commission (SEC) has canceled a key public meeting, scheduled for Friday, to consider new rules for regulating cryptocurrencies. The SEC had planned to propose an "adapted placement regime for certain investment contracts related to cryptoassets." The Commission cited an "unforeseen scheduling issue" for the postponement and did not immediately provide further comment. This development comes after the U.S. Senate left for its August recess without voting on the comprehensive CLARITY Act, which would have established a broad regulatory framework for crypto oversight by financial agencies. Prior to this, SEC Chair Paul Atkins stated that the Commission is "ready, willing, and able" to develop its own rules for digital assets if the Senate does not pass the CLARITY Act.

cryptonews.ru08/14 11:29

SEC Cancels Key Meeting on Cryptocurrency Regulation

cryptonews.ru08/14 11:29

White House Plans Crypto Meeting as CLARITY Act Faces Senate Hurdles

The White House will meet with crypto and prediction market executives on August 19, though details remain undisclosed. This occurs as the Senate delays a vote on the Digital Asset Market CLARITY Act until September 14, despite earlier approvals by the House and Senate Banking Committee. Key Senate negotiations are stalled on two main issues: a bipartisan government ethics package concerning crypto holdings for officials, and disputes over allowing reward systems for stablecoin usage. Banks oppose such rewards, fearing deposit outflows, while crypto firms advocate for incentives. Major banking groups have urged revisions to the bill's Section 404, arguing its current language could permit interest-like rewards.

TheNewsCrypto08/14 11:06