๐จ๐จ National Fraternal Order of Police Endorse Clarity Act
โโฆ. the FOP's initial concerns have been satisfactorily addressed and we look forward to working with you to get the amended bill passed.โ
The Clarity Act is ready for a full Senate floor vote.
The bill represents a true bipartisan compromise with thousands of hours of work on both sides, and it couldn't come at a better time. The status quo in the U.S. isn't working. There's no federal framework, so bad actors like FTX can harm U.S. customers and much of the industry has gone offshore totally outside U.S. purview. This bill fixes that with strong consumer protections, real tools for law enforcement, and a path for America to lead in this industry.
Crypto can't be uninvented at this point, so whether you love crypto or hate crypto, you should want clear federal laws. And it's also simply good politics: 70% of American voters say the U.S. should have already passed comprehensive crypto legislation.
Let's finish this!
Special thanks to the @standwithcrypto members who sent 950k contacts to their representatives in congress. Keep it up.
I want to thank my Democratic colleagues for their important contributions to this draft, and express my commitment to reaching a deal in the coming days that will allow this legislation to become law.
Consumer protection and pro-innovation policy aren't opposites โ this bill proves it.
Reports confirm President Trump has agreed to an ethics provision in the CLARITY Act (Digital Asset Market Clarity Act), removing a key obstacle to its advancement.
When Celsius and Voyager went bankrupt, customer deposits didnโt stay customer deposits. They became assets in a bankruptcy pool, fought over by creditors who had never even heard of the customers who owned them. The Clarity Act changes the rule so your crypto stays yours, even if the company fails.
Happy 9 year anniversary @Binance!
So much have happened in the past 9 years. Thank you for all your support! And we are always here with you!
Looking forward to the next 90 years!
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JUST IN: ๐บ๐ธ Coinbase Vice Chair on the odds of Clarity Act passing:
"We are on the 1 yard line. The momentum is unmistakeable. We are very optimistic about it becoming law."
We both want bad actors held accountable. The difference is Iโm working on solutions, youโre shouting into the void hoping the status quo fixes itself.
Sec. 303 enables new crypto sanctions on Iran.
Sec. 305 lets exchanges stop illicit funds before they reach North Korea.
Stablecoins are evolving beyond trading into broader financial use cases.
@BinanceResearch's latest report explores how stablecoins are reshaping investing, payments, and on-chain activity.
Key highlights:
๐ US$53B in stablecoin reserves on Binance (57% market share)
๐ US$1.1T+ in TradFi Perps volume, with Binance accounting for 47% market share
๐ US$1.2B distributed to Binance Earn stablecoin holders since 2022
๐ 10M daily stablecoin transactions on BNB Chain
๐ 114% YoY growth in Binance Pay volume
Read the full report โ https://t.co/nlAD8WUmrF
Global finance doesn't have to mean one global currency.
Over US$5B in non-USD stablecoin trading shows growing demand for digital assets that combine local familiarity with blockchain efficiency.
The future is local currencies moving on global rails.
One trend that stands out this year:
4 of the 6 fastest-growing stablecoins are on @binance and @BNBCHAIN.
As the ecosystem matures, users are looking for more choice, stronger infrastructure, and stablecoins designed for different use cases. It's exciting to see the ecosystem continue to diversify.
The stablecoin story is entering a new chapter.
NEWS: U.S. Justice Department confirms itโs working with Treasury and Commerce to establish a legal structure for Americaโs $20B+ in strategic $BTC reserves. ๐บ๐ธ
๐บ๐ธ NEW: CLARITY ACT EARNS ITS FIRST MAJOR LAW ENFORCEMENT ENDORSEMENT
The National Organization of Black Law Enforcement Executives (NOBLE) has endorsed the Clarity Act, becoming the first major law enforcement organization to publicly support the legislation.
While several law enforcement groups have voiced concerns over the bill, NOBLE is the first to formally back it, submitting a letter to senators in support of its passage.