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Grab Your Share of the 300 USDT Prize Pool!HTX Creation Challenge — Post and Win 1,500U 💥 Democrats Divided on Clarity Act as Cryptocurrency Bill Passes Key Senate Committee Vote A landmark cryptocurr

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Democrats Divided on Clarity Act as Cryptocurrency Bill Passes Key Senate Committee Vote

A landmark cryptocurrency bill now heads to the Senate for final approval, though many hurdles remain.
The Senate Banking Committee voted to advance the Clarity Act, a landmark cryptocurrency bill, to a vote on the full Senate floor.

On Thursday, Senate Democrats were divided over their support for the Clarity Act during a crucial vote, with two pro-crypto members voting for the landmark bill and all others voting against.

Senators Ruben Gallego (D-Ariz.) and Angela Alsobrooks (D-Md.) voted for the bill, despite both saying they would not do so unless agreement on language restricting President Donald Trump's personal cryptocurrency projects was reached by the time of today's vote. Such an agreement has not yet been reached.

 During the Senate Banking Committee hearing, all Republican members of the committee joined Gallego and Alsobrooks in supporting the bill, which now heads to the Senate for final consideration. If passed and signed by President Trump, the Clarity Act would officially legalize most cryptocurrency activity in the United States.

For final passage, the bill would require the support of at least seven Senate Democrats.

Earlier, Alsobrooks's spokesperson told Decrypt that the senator would vote for the Clarity Act in committee only if a "substantial agreement on ethics issues" was reached.

After today's vote, the spokesperson told Decrypt that Alsobrooks voted "yes" "out of good faith negotiations," adding that the senator "will continue negotiations specifically on the ethics issues."

At the hearing, Gallego clarified his "yes" vote, stating that it could change in the future if no agreement on the president's ethics issues was reached.

 "We are getting closer to agreement on ethics principles for all elected officials, but we are not there yet."

Democrats Divided on Clarity Act as Cryptocurrency

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Alphabet’s Google stock (NASDAQ: GOOG) had a historic run in 2026, delivering nearly 50% returns since its March lows. It rose from a low of $273 in late March and briefly touched $400 this week in Ma

Why Is Google Stock Struggling To Climb Above $400? (GOOG)

June Natural Gas Waits on the EIA as LNG and Heat Hold the Floor June natural gas futures are edging higher Thursday and the market is not moving much in either direction. That is not indecision. That

June Natural Gas Waits on the EIA as LNG and Heat Hold the Floor
June natural gas futures are edging higher Thursday and the market is not moving much in either direction. That is not indecision. That is traders sitting on their hands ahead of the Energy Information Administration storage report at 14:30 GMT. The expected injection is 86 Bcf. That number comes in above the five-year average and would normally reinforce the bearish case. But LNG exports are running near record levels and heat is building across the South and West. The EIA print decides whether the bulls have something real or whether production wins the argument again.

June Natural Gas Waits on the EIA as LNG and Heat

HTX Creation Challenge — Post and Win 1,500U 💥Grab Your Share of the 300 USDT Prize Pool!BTC Shakes at $80K—Up or Down? Fresh on-chain activity has brought the Kyber Network exploit back into focus. B

Fresh on-chain activity has brought the Kyber Network exploit back into focus. Blockchain tracking shows the KyberSwap Hacker is once again moving funds. This time, sending large amounts of ETH into Tornado Cash. The attacker, identified as Andean Medjedovic, was behind the $48.8 million KyberSwap hack in 2023. Despite past legal action, recent transfers suggest the case is far from over. Funds Move Again After Months of Silence New data from Arkham shows a clear pattern. The KyberSwap hacker has started transferring funds in batches of 100 ETH. These transactions were sent directly to Tornado Cash, a tool often used to obscure transaction history. Several transfers happened within hours. According to Arkham monitoring, Kyber Network The attackers are transferring stolen funds to the coin mixing protocol Tornado Cash. The attacker has been identified as Andean Medjedovic, who stole $48.8 million from KyberSwap in late 2023. Additionally, Medjedovic orchestrated an attack on Indexed Finance two years prior, resulting in a $16.5 million loss. 2025

Fresh on-chain activity has brought the Kyber Netw

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HTX Creation Challenge — Post and Win 1,500U 💥Grab Your Share of the 300 USDT Prize Pool!BTC Shakes at $80K—Up or Down? Stablecoin-powered neobank Fasset raises $51 million to expand across emerging m

Stablecoin-powered neobank Fasset raises $51 million to expand across emerging markets Digital bank Fasset raised $51 million to expand its stablecoin-powered banking platform, the latest sign that fintech firms are increasingly building financial services on blockchain rails instead of traditional payment networks.

The Los Angeles-headquartered company said Thursday the Series B round included investors such as Japan's SBI Group, Investcorp and Turkish asset manager Arz Portföy. The firm did not disclose the valuation the investment happened.

Stablecoin-powered neobank Fasset raises $51 milli

Halo⭕ is bigger than anything we planned when we started Warden. Verification was the easy part. The wall was always getting enough operators online to verify against, as well as distributing and cons

A veteran banking and finance analyst says a New York City-headquartered American multinational bank continues to be his top stock pick.In a new interview on CNBC’s Closing Bell, Wells Fargo analyst M

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Trump proposes pausing federal gas tax to relieve consumers amid Iran war pressure President Trump has thrown his weight behind suspending the federal gas tax, a move designed to ease the sting of fue

Trump proposes pausing federal gas tax to relieve consumers amid Iran war pressure
President Trump has thrown his weight behind suspending the federal gas tax, a move designed to ease the sting of fuel prices that have climbed past $4.50 per gallon for gasoline and $5.70 for diesel. The proposal lands as geopolitical tensions tied to the war in Iran continue to push energy costs higher.
The federal excise tax sits at 18.4 cents per gallon on gasoline and 24.4 cents per gallon on diesel.
The legislative landscape
Sen. Josh Hawley, the Missouri Republican, introduced S. 4485, which calls for a 90-day suspension of the federal gas tax by setting it to zero.
On the Democratic side, Sen. Mark Kelly’s S. 4032 takes a longer view, proposing to suspend the gas tax until October 1, 2026. Rep. Brendan Boyle’s H.R. 8600 uses a different trigger entirely: the tax pause would kick in automatically when the national average price exceeds $3.99 per gallon.

Trump himself kept things characteristically vague on the timeline. “Yeah, I’m going to reduce… till it’s appropriate,” he said regarding the gas tax.

The $10 billion question

The federal gas tax feeds the Highway Trust Fund, which bankrolls road construction, bridge repairs, and transit projects across the country. Suspend the tax for a quarter, and the fund faces over $10 billion in lost revenue.

During state-level gas tax suspensions in recent years, studies showed mixed results. Some states saw prices drop by roughly the amount of the suspended tax. Others saw the savings partially absorbed by the supply chain before reaching drivers.



Trump proposes pausing federal gas tax to relieve

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Grab Your Share of the 300 USDT Prize Pool!TWT: Trust Wallet Ecosystem TokenHTX Creation Challenge — Post and Win 1,500U 💥 Clarity Act markup leaves bitcoin unstirred This is an excerpt from CoinDesk 


Clarity Act markup leaves bitcoin unstirred
This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already.

The week's main event for digital assets, the U.S. Clarity Act markup, is due later today. The crypto market, led by bitcoin, seems to be treating it as a non-event.

The proposed bill aims to establish a comprehensive regulatory framework for digital assets. The latest draft, released on May 11, includes several key provisions, including a ban on interest on stablecoin balances and a $5 million penalty for violations. It also adds the Treasury as a rule-making authority alongside the SEC and CFTC.

Clarity Act markup leaves bitcoin unstirred

HTX Creation Challenge — Post and Win 1,500U 💥Grab Your Share of the 300 USDT Prize Pool!BTC Shakes at $80K—Up or Down? Clarity Act markup leaves bitcoin unstirred This is an excerpt from CoinDesk new

Clarity Act markup leaves bitcoin unstirred This is an excerpt from CoinDesk newsletter 'Daybook.' Sign up here, if you haven't already

The week's main event for digital assets, the l Clarity Act markup, is due later today. The cry market, led by bitcoin, seems to be treating it non-event.

The proposed bill aims to establish a comprehensive regulatory framework for digital assets. The latest draft, released on May 11, includes several key provisions, including a ban on interest on stablecoin balances and a $5 million penalty for violations.

Clarity Act markup leaves bitcoin unstirred This i

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