Congress Advances Bitcoin Reserve Bill After Broader Crypto Law Fails
House committee advances H.R. 8957 28-21 after Senate blocks CLARITY. The bill would lock seized Bitcoin in a 20-year Treasury reserve.
House committee advances H.R. 8957 28-21 after Senate blocks CLARITY. The bill would lock seized Bitcoin in a 20-year Treasury reserve.
Senators failed to reach 60 votes on the Clarity Act. All Democrats and four Republicans stopped debate on digital asset rules.
Compass Point lifts Coinbase to Neutral and Bullish to Buy before the Senate Clarity Act vote, citing Bitcoin’s cycle and tokenization.
Circle President Heath Tarbert urged Congress to fully implement the GENIUS Act and close offshore loopholes so the dollar stays central to digital payments.
President Trump hosted top crypto executives at the White House and urged Congress to pass a fair version of the Clarity Act for clearer industry rules.
Coinbase reports $359.5M Q2 loss and misses estimates as trading slows. Still hits record 10.3% market share and keeps 14th straight positive EBITDA.