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Morning Edition · Saturday, August 22, 2026Published at 1:43 AM EDT · New York
American Crypto Rules Are Being Written by Agencies and States While the Senate Stalls
Industry advocates and a former regulator publicly split over the CLARITY Act as the Securities and Exchange Commission's (SEC) Reg Crypto proposal advances and Illinois faces a second lawsuit over its 0.2% digital-asset tax.
The industry's own coalition has split in public over the market-structure bill it spent years pursuing. Summer Mersinger, chief executive of the Blockchain Association, argues that reopening a settled provision four weeks before a vote wou…
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Crypto Market-Structure Bill Stalls in the Senate
Ethics disputes over the president's personal crypto ventures keep displacing the substance of United States market-structure legislation, leaving digital-asset rules dependent on agency discretion rather than statute.
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