Cryptocurrency industry-backed PACs, including Fairshake, spent millions supporting candidates in recent primaries across California, New Jersey, and South Dakota. A new PAC, Defend Developers, also launched to champion crypto builders.
The crypto industry, once facing regulatory crackdown after FTX's collapse, has become a major political force in the US. Spending millions across parties, it influenced elections and reshaped regulations, moving from a target to a powerful lobbying machine.
Chainalysis reports 47% of 2026 crypto onboardings use alerting standards that were top 10% in 2020, yet indirect monitoring lags behind direct, creating a gap for illicit actors.
Cryptocurrency industry groups are spending millions to influence Texas runoff elections for the US Senate and House. Candidates Christian Menefee and Ken Paxton are favored to win their respective races, potentially impacting future crypto policy in Congress.
The Senate Banking Committee advanced the CLARITY Act, a digital asset market framework, by a 15-9 vote. While not yet law, the bill signals Washington's intent to create clearer regulations, potentially boosting consumer and institutional confidence in crypto.
Coinbase CEO Brian Armstrong supports the revised Digital Asset Market Clarity Act (CLARITY) ahead of the US Senate's markup, citing bipartisan compromise on stablecoin yield and improved DeFi, tokenized stocks, and CFTC regulatory provisions.
The Senate Banking Committee's CLARITY Act, aimed at regulating crypto markets, faces over 100 amendments ahead of markup, testing fragile compromises on stablecoins, banking, and crypto industry interests.
The CLARITY Act is heading back to the Senate Banking Committee on May 14 after months of stalled negotiations, putting a small group of Democrats at the center of the crypto industry’s push for a federal market-structure law. The markup comes after the bill was slowed by disputes over stablecoin rewards, anti-money laundering safeguards and […] The post CLARITY Act’s markup progress now hinges on these Democrat lawmakers appeared first on CryptoSlate.
The "biggest market" in crypto is conducting the vast majority of its trading volume outside of US-based exchanges, according to Attorney Bill Hughes.
The "biggest market" in crypto is conducting the vast majority of its trading volume outside of US-based exchanges, according to Attorney Bill Hughes.
The “Copy Fail” Linux bug could impact crypto infrastructure that relies on Linux servers, highlighting growing cybersecurity risks in the digital asset industry. Format: Explained
The crypto industry's top legislative priority, a bill determining oversight of digital assets, is set to advance in the Senate Banking Committee.
The CLARITY Act is finally moving toward a long-awaited Senate Banking Committee markup next week, but its path is being complicated by a fight over whether Congress should impose new ethics restrictions on federal officials and elected leaders involved with the crypto industry. On May 7, crypto journalist Eleanor Terrett reported that the draft text […] The post Next week’s CLARITY Act markup could fall apart over Trump family crypto ethics fight appeared first on CryptoSlate.
The crypto industry in the UK has come out against the Bank of England’s proposed policy that would ban custodial wallets for stablecoins.
The move follows two nine-figure exploits of DeFi protocols Drift and KelpDAO in April, as DPRK hackers shift to social engineering tactics.
US Senator Thom Tillis said the current text of the CLARITY Act offers a compromise for the crypto industry and banks and provides a bipartisan path for the bill’s passage.
Senators are aiming to resolve one of the biggest debates around a key crypto bill as momentum builds for a vote.
Crypto industry body DAXA said the proposed rules could push suspicious transaction reports from South Korea’s five largest exchanges to more than 5.4 million a year, Yonhap reported.
Chris Perkins, CEO of 250 Digital Asset Management, says the US crypto industry will thrive long-term even if the CLARITY Act fails to pass, pointing to ongoing regulatory work by SEC Chair Paul Atkins and CFTC Chair Michael Selig. Perkins noted that unlike during the Biden administration when being labeled a security was a "death sentence" for crypto projects, the current regulatory environment now offers certainty and stability.
After Circle and Bullish delivered blockbuster listings in 2025, crypto exchanges rushed toward public markets with a familiar promise: the industry is finally mature enough for Wall Street. However, the latest research from Kaiko shows that it's not as simple as that. The crypto exchange IPO wave was supposed to prove that the crypto industry […] The post The crypto IPO wave has one big problem: Bitcoin is still in charge appeared first on CryptoSlate.
X has given users a new way to turn down the noise in their For You feeds. The first signal from that tool should make the crypto industry uncomfortable. According to X product executive Nikita Bier, crypto ranked as the most-snoozed topic since the platform began rolling out topic snoozing for Premium subscribers. It came […] The post Crypto is the most “muted” term on X as public splits between believers and avoiders appeared first on CryptoSlate.
Prosecutors say Jeong Sang-ho’s “active deceptive acts” left nearly 2,800 investors frozen out of their funds, as South Korea's crackdown on the crypto industry widens.
Alex Mashinsky, former CEO of collapsed crypto lending platform Celsius Network, settled with the FTC for $10 million and received a lifetime ban from the cryptocurrency industry. The settlement reduces an initial $4.7 billion judgment tied to customer losses from Celsius's 2022 bankruptcy. The suspended judgment can be reinstated if Mashinsky fails to disclose assets or makes material misstatements. Mashinsky is currently serving a 12-year prison sentence after pleading guilty in December 2024 to commodities fraud and CEL token price manipulation.
Christopher Harborne, a billionaire with 12% stake in Tether, gave Nigel Farage a previously undisclosed £5 million ($6.7 million) personal gift in 2024 to cover security costs. The payment was never officially disclosed under UK campaign finance laws. Farage had not announced plans to run for Parliament when he received the gift, though he later won the Clacton seat. This is separate from Harborne's £12 million in donations to Reform UK party itself, including a £9 million donation last year—the UK's biggest-ever political donation at the time.
