Showing posts with label stablecoin-legislation. Show all posts
Showing posts with label stablecoin-legislation. Show all posts

Wednesday, September 2, 2026

Fairshake enters US elections with $122M war chest

Fairshake has entered the final stage of the 2026 U.S. election cycle with $122 million available after supporting nearly 50 winning candidates during the primaries. Fairshake adds nearly 50 primary wins According to reports on Wednesday, Fairshake supported nearly 50…

  • Fairshake, a crypto industry-backed super PAC, has entered the final stage of the 2026 U.S. election cycle with $122 million, after supporting nearly 50 winning candidates in the primaries.
  • The PAC has focused on supporting candidates favorable to digital asset legislation, with notable successes in Republican Senate primaries, though it experienced a significant defeat in Illinois.
  • The outcome of these elections is seen as crucial for the future of crypto regulation in the U.S., impacting key congressional committees and legislative proposals like the Digital Asset Market Clarity Act.

Topics: Political endorsements opposition, Jurisdictions, Pro innovation policy, Established hubs

Tags: #fairshake #uselections #superpac #cryptoindustry #primarywins #generalelection #republicansenatecandidates #digitalassetlegislation #stablecoinlegislation #politicalspending

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Wednesday, July 22, 2026

Trump advisers Howard Lutnick, Bo Hines allegedly steered GENIUS Act toward Tether’s favor: Report

  • Advisers to former President Trump, Howard Lutnick and Bo Hines, allegedly influenced the GENIUS Act to favor Tether, the largest stablecoin issuer.
  • The legislation, despite Democratic opposition citing AML concerns and potential misuse by sanctioned actors, included provisions favorable to Tether, such as a longer compliance grace period.
  • Critics warn that loopholes in the final act could undermine US anti-money-laundering enforcement and the dollar's global standing, while Tether and the White House defend the process.

Topics: Legal regulatory, Jurisdictions, Institutional adoption, 3 1 securities law classification, 3 3 investor protection disclosure, 2 1 established hubs, 2 4 cross jurisdictional policy, 7 1 asset manager initiatives

Tags: #tether #geniusact #stablecoinlegislation #howardlutnick #bohines #conflictsofinterest #aml #regulatoryloopholes #cantorfitzgerald #trumpadministration

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