Crypto Clarity Watch

CLARITY’s DeFi Fight, Stablecoin KYC, and Trump Crypto Cash

Wednesday, July 1, 2026 · 10 min

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CLARITY Act negotiators are trying to save DeFi developer protections as law enforcement presses AML objections, while agencies tee up stablecoin customer-ID rules and Trump’s crypto disclosures sharpen the ethics fight around Washington’s digital-asset agenda.

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CLARITY Act negotiators are trying to save DeFi developer protections as law enforcement presses AML objections, while agencies tee up stablecoin customer-ID rules and Trump’s crypto disclosures sharpen the ethics fight around Washington’s digital-asset agenda.

In this episode

  1. CLARITY Act Faces Senate Clock as Law Enforcement Pushes Back on DeFi Exemption – Easterngifts — wellnessfitpro

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  2. Agencies Propose Customer Identification Program Requirements for Stablecoin Issuers – Cooley Finsights — Cooley Finsights

    Agencies Propose Customer Identification Program Requirements for Stablecoin Issuers – Cooley Finsights On June 22, the Financial Crimes Enforcement Network (FinCEN), together with the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve System (Federal Reserve), Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA),…

  3. Trump took in about $1.2 billion from crypto businesses last year, financial disclosure shows | PBS News — PBS NewsHour

    President Donald Trump is applauded at the White House Crypto Summit at the White House in Washington, D.C., March 7, 2025. Photo by Evelyn Hockstein/Reuters # Trump took in about $1.2 billion from crypto businesses last year, financial disclosure shows NEW YORK (AP) — President Donald Trump took in nearly $1.2 billion dollars from his crypto businesses last year, a federal filing released…

  4. SCOTUS Overturns Humphrey's Executor in Trump v. Slaughter — TFTC

    SCOTUS Overturns Humphrey's Executor in Trump v. Slaughter Search on TFTC # Supreme Court Overturns 91-Year Precedent, Giving Presidents At-Will Removal of Agency Commissioners The Supreme Court's 6-3 decision in Trump v. Slaughter ends 91 years of independent-agency protection, extending presidential removal power to the SEC and CFTC by the same constitutional logic, but carving out the…

  5. Is the United States’ Big Bet on Stablecoins a Bet Against U.S. Sanctions? Opportunities for Congress to Strengthen Crypto Security | The Belfer Center for Science and International Affairs — The Belfer Center for Science and International Affairs

    Is the United States’ Big Bet on Stablecoins a Bet Against U.S. Sanctions? Opportunities for Congress to Strengthen Crypto Security | The Belfer Center for Science and International Affairs ## Executive Summary The United States has embraced dollar-backed stablecoins as a strategic tool to modernize payments and maintain its leadership in financial innovation. The 2025 GENIUS Act established…