BoE official sees stablecoins strengthening dollar demand
Reading Time: < 1 minuteGrowing use of dollar-denominated stablecoins could reinforce the US dollar’s global role and increase demand for US Treasurys, according to Bank of England official Carolyn Wilkins.
US House panel advances broad crypto tax bill
Reading Time: < 1 minuteThe Digital Asset Tax Certainty Act was introduced by committee Chair Jason Smith and combines several proposals discussed by lawmakers during a June hearing.
CLARITY Act stalls after US Senate vote
Reading Time: < 1 minuteThe US Senate has failed to advance the CLARITY Act after a procedural vote fell short of the threshold needed to move the crypto market structure bill forward.
Bitcoin ETFs post biggest outflow since June
Reading Time: < 1 minuteUS spot Bitcoin ETFs recorded $450.4 million in net outflows on Tuesday, marking their largest daily withdrawal since late June.
Balancer proposes protocol wind-down and treasury distribution
Reading Time: < 1 minuteThe proposal, submitted by treasury council member and former Balancer Labs CEO Marcus Hardt, would end new business development, gradually shut down the protocol and wind down the DAO.
U.S. Senate Rejects Landmark Clarity Act, Stalling Major Crypto Regulatory Push
Reading Time: 2 minutesThe US Senate blocked the landmark Clarity Act, stalling a major crypto regulatory push and leaving the digital asset industry without a clear framework.
17 US attorneys general oppose Clarity Act ahead of Senate vote
Reading Time: < 1 minuteA bipartisan group of 17 US attorneys general has urged senators to reject the Clarity Act, arguing that the bill could weaken states’ ability to pursue crypto fraud and protect investors.
Strive reaches 25,000 BTC after $36.6 million purchase
Reading Time: < 1 minuteStrive has increased its Bitcoin holdings to 25,000 BTC after buying another 469 BTC for $36.6 million.
US seeks $61 million in crypto linked to Iranian oil sales
Reading Time: < 1 minuteThe US Department of Justice is seeking to seize about $61 million in cryptocurrency allegedly linked to illicit Iranian oil sales.
Bitcoin accounts for most of $16.6 billion crypto options expiry
Reading Time: < 1 minuteAround $16.6 billion worth of Bitcoin and Ethereum options are scheduled to expire on 25 September, with bullish call positions outnumbering puts for both assets.
Senate Braces for Historic Vote on Landmark Cryptocurrency Clarity Act
Reading Time: < 1 minuteThe US Senate prepares for a historic vote on a landmark bill that could finally establish a clear regulatory framework for the cryptocurrency market.
South Korea crypto tax petition reaches 50,000 signatures
Reading Time: < 1 minuteA petition calling for South Korea to delay its planned crypto tax by two years has secured the 50,000 signatures required for review by a National Assembly committee.
Reform UK receives record $97 million from crypto billionaires
Reading Time: < 1 minuteReform UK has secured a combined £72 million ($97 million) from crypto billionaires Ben Delo and Christopher Harborne.
Revolut customer data exposed in impersonation scam
Reading Time: < 1 minuteRevolut said an unauthorised party obtained sensitive customer information after sending fraudulent requests from a legitimate government email domain.
Bitcoin ETFs lose $463 million as Ether funds remain resilient
Reading Time: < 1 minuteUS spot Bitcoin ETFs recorded $462.7 million in net outflows last week, ending a three-week run of positive flows.
Senate Republicans revise Clarity Act ahead of vote
Reading Time: < 1 minuteSenate Republicans have released a revised version of the Clarity Act ahead of the bill’s first procedural vote on 15 September.
Symbiosis Recovers 15 BTC Post-Bridge Exploit, Offers Hacker 20% Bounty
Reading Time: < 1 minuteSymbiosis recovers 15 BTC after a major bridge exploit and offers the hacker a 20 percent bounty to return the remaining stolen funds.
Hunter Biden memecoin plunges 99% after volatile launch
Reading Time: < 1 minuteThe team behind Hunter Biden’s LAPTOP memecoin attributed its first-day collapse to automated trading bots and limited liquidity, after the token briefly reached a market capitalisation of about $110 billion.
Senate Republicans release revised Clarity Act ahead of vote
Reading Time: < 1 minuteSenate Republicans have published a revised version of the Clarity Act ahead of the bill’s first procedural vote on 15 September.
Bitwise to close Dogecoin ETF after 10 months
Reading Time: < 1 minuteBitwise will liquidate its spot Dogecoin exchange-traded fund (ETF), ending the product less than a year after its launch.
Nasdaq invests $100 million in Kraken parent at $21 billion valuation
Reading Time: < 1 minuteNasdaq has invested $100 million in Payward, the parent company of crypto exchange Kraken, as the exchange operator expands its tokenised asset offering.
MoneyGram launches stablecoin card as remittance firms enter crypto payments
Reading Time: < 1 minuteMoneyGram has introduced a Visa-branded card that lets customers spend stablecoins, following a similar launch by Western Union as traditional remittance firms expand into digital assets.
UK Lords votes for statutory digital asset strategy
Reading Time: < 1 minuteThe House of Lords has backed legislation that would oblige the UK government to draw up a dedicated strategy for digital assets, against the position of Labour ministers.
ESMA flags risks from closer crypto-finance links
Reading Time: < 1 minuteCloser ties between crypto markets and traditional finance could increase the potential for disruptions to spread across the financial system, the European Securities and Markets Authority (ESMA) has warned.
Sam Bankman-Fried Appeals to Supreme Court Over $11B Forfeiture and Conviction
Reading Time: < 1 minuteFTX founder Sam Bankman-Fried appeals his fraud conviction and 11 billion dollar forfeiture to the Supreme Court, claiming his trial was unfair.
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