May 26: The company confirmed it had used its cash reserve to finance the bond repurchase. The transaction had reduced the fund to $871 million. The buyback reduced that reserve to roughly six months …
Structure
In a narrowly divided party-line vote, The U.S. Senate Agriculture Committee advanced its version of crypto market legislation in a 12-11 vote Thursday, marking a milestone in congressional efforts to finally legislate comprehensive crypto …
- Crypto Education
Coinbase (COIN) pushback notwithstanding, U.S. crypto market structure bill still on track, HSBC says
by adminby adminCoinbase’s (COIN) decision to end support for U.S. market structure legislation won’t derail the process, investment bank HSBC said, suggesting that while CEO Brian Armstrong prefers no bill over a bad bill, he would …
- NFT & Metaverse
US Lawmakers Demand Ethics Safeguards for Market Structure Bill: Report
by adminby adminDemocratic leaders on key committees considering crypto market structure legislation are reportedly drawing a line in the sand over elected officials profiting off the industry. A number of Democratic lawmakers in the US Senate …
The Crypto Market Structure Bill, or CLARITY Act, is close to passing, said Senator Lummis, as others predict a huge catalyst for crypto markets. “We’ve come so far, and we are close to a …
Lawmakers will (finally) vote on a market structure bill next week.
In brief The Senate’s crypto market structure bill is set for a January committee markup, White House AI and Crypto Czar David Sacks said. The CLARITY Act would define SEC and CFTC oversight of …