CLARITY Act markup faces May delay as industry groups counter bank opposition and push for stablecoin yield provisions.
Crypto
Tron's Justin Sun sues WLFI over frozen tokens, alleging lost voting rights, unfair governance rules, and threats to burn holdings.
CBDC
Fed chair nominee Kevin Warsh backs crypto integration but rejects a U.S. CBDC, stressing Fed independence amid political scrutiny.
PACE Act proposes faster payments by granting fintechs direct Fed access, reducing fees and modernizing U.S. payment systems.
Aave
KelpDAO and LayerZero exploit drains $228M from AAVE vthrough rsETH manipulation, triggering liquidity stress and a sharp token depeg.
CLARITY Act faces possible May delay as bank lobbying and Senate scheduling pressures stall progress on key crypto rules.
Russia proposes criminal penalties for unlicensed crypto services, amid concerns over timing and unresolved digital asset laws.
Aave freezes rsETH markets after $200M exploit, containing risk as bad debt and liquidity concerns impact the protocol.
Banking groups oppose CLARITY Act stablecoin yield rules, intensifying lobbying as delays and uncertainty persist.
CLARITY Act faces delay as Senate negotiates stablecoin rules, with markup timing uncertain amid ongoing discussions and hearings.
SEC says some crypto user interfaces may avoid broker-dealer rules if neutral, transparent, and non-advisory under Project Crypto.
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