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EleanorTerrett
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🚨NEW: The @SECGov and @binance have filed a joint stipulation seeking a dismissal in the agency’s ongoing litigation against the exchange.
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🚨NEW from me: House sets CLARITY Act markup for Tuesday while industry pushes back on TradFi ‘favoritism’, and Democrats spotlight Trump’s crypto ties in a special hearing. Plus, a look at the week’s biggest news stories. ⬇️ https://www.cryptoinamerica.com/p/house-prepares-clarity-act-markup
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🚨NEW: @FinancialCmte has officially scheduled a markup of the crypto market structure bill — the CLARITY Act — for Tuesday, June 10 at 10:00 AM EST alongside a handful of other bills. Prepare for a marathon markup sesh! 🏃♀️
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🚨NEW: In a notable display of unity, eight of the biggest crypto policy organizations in Washington D.C. have issued a joint statement calling on Congress to include the Blockchain Regulatory Certainty Act (BRCA) in market structure legislation. The groups — @fund_defi, @coincenter @SolanaInstitute, @DigitalChamber, @BlockchainAssn, @crypto_council, @btcpolicyorg and @paradigm — say the amendment is essential to protecting software developers and infrastructure providers who do not custody customer funds. The amendment, originally introduced by @GOPMajorityWhip and now with bipartisan support from @RepRitchie, is being viewed by many in the industry as a foundational policy safeguard for DeFi developers. “It’s critically important that we don’t treat open-source developers like traditional financial institutions,” one policy lead told me. “The BRCA draws that line clearly and protects innovation.” The joint statement urges lawmakers to include the BRCA in the CLARITY Act, the House’s digital asset market structure bill, which is expected to be marked up next week. Full statement here ⬇️
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🚨SCOOP: @moonpay Secures Coveted New York BitLicense PLUS, Congress holds hearings on the updated crypto market structure bill today, and a look at this week’s top headlines. ⬇️ https://www.cryptoinamerica.com/p/moonpay-secures-coveted-new-york
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🚨SCOOP: @moonpay has secured its New York BitLicense, clearing the way for the firm to serve customers in all 50 states. MoonPay joins a short list of crypto-native firms including @coinbase, @Anchorage and @circle that have been approved to operate in the state by the @NYDFS. More details coming shortly in my @CryptoAmerica_ newsletter.
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