Ripple CEO Brad Garlinghouse told a crypto conference on Tuesday that the CLARITY Act market structure bill is not a done deal, even after a recent stablecoin compromise. Speaking at the Consensus event in Miami, he said the next two weeks will decide its fate. CLARITY Act Market Structure Bill Faces Tight Timeline Garlinghouse warned […]
The CLARITY Act, a comprehensive crypto market structure bill, could advance to a markup session in the U.S. Senate Banking Committee as early as next week, according to Kara Calvert, vice president of U.S. policy at Coinbase. Speaking at the Consensus 2026 conference in Miami, Calvert told attendees that the legislation now faces a critical […]
Brazil’s central bank, Banco Central do Brasil (BCB), has formally prohibited the use of virtual assets — including cryptocurrencies and stablecoins — for settlement within regulated cross-border payment and transfer services operating under the country’s eFX framework. The move, enacted through Resolution BCB No. 561 on May 1, 2026, tightens oversight of crypto-linked international flows […]
The US Commodity Futures Trading Commission has taken the unusual step of suing four states — New York, Connecticut, Arizona, and Illinois — to block them from applying state-level gambling laws to prediction markets such as Kalshi and Polymarket. The move, filed on April 24, escalates a jurisdictional battle over who gets to regulate platforms […]
Prediction market platform Polymarket has enlisted blockchain analytics firm Chainalysis to deploy a market integrity solution aimed at detecting insider trading, following a series of high-profile controversies that have drawn regulatory scrutiny. The partnership, announced Thursday, marks a significant step in the platform’s effort to restore user trust and address allegations that traders have used […]
The ability of decentralized finance protocols to freeze stolen funds has become one of the most contentious issues in crypto, splitting the industry between those who see it as a necessary safeguard and those who view it as a betrayal of decentralization. Recent high-profile exploits, including a $293 million attack on Kelp DAO and a […]
South Korean cryptocurrency exchange Bithumb is expanding into Southeast Asia through a strategic partnership with SSI Digital, a subsidiary of Vietnam’s largest securities firm, positioning itself for the country’s forthcoming pilot program for licensed digital asset trading platforms. The exchange announced it has signed a memorandum of understanding with SSI Digital to cooperate on establishing […]
Keonne Rodriguez, co-founder of the cryptocurrency mixing protocol Samourai Wallet, is publicly appealing to the crypto community for financial assistance after accumulating approximately $2 million in legal debt and fines. In a post on X on Wednesday, Rodriguez described being “financially wiped out” and said he has exhausted all other options to cover costs tied […]
Senator Kirsten Gillibrand said Wednesday that the US Senate could hold a floor vote on the CLARITY Act, a comprehensive digital asset market structure bill, before the August recess — but only if lawmakers first address three key areas: consumer protection, illicit finance, and ethics provisions. Three conditions for a vote Speaking at the Consensus […]
Kraken has launched spot margin trading for eligible retail users in the United States, marking a significant expansion of regulated leveraged crypto trading on a domestic platform. The product, available through Kraken Pro, allows traders to borrow against their crypto holdings without selling them, offering up to 10x apply for both long and short positions, […]
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