Proposed CLARITY ethics deal could save Trump millions in taxes: Bloomberg
The latest bipartisan ethics proposal would reportedly require Trump to divest crypto businesses while allowing him to defer capital gains taxes on those…
Bitget explores licensed crypto presence in Bhutan
Crypto exchange Bitget has signed an agreement with Gelephu Mindfulness City Authority to pursue a regulated local presence. Source：Cointelegraph
US Senate pushes CLARITY Act vote to September: Report
Senate Majority Leader John Thune reportedly confirmed that the chamber was “punting” the vote until September. Source：Cointelegraph
Crypto market maker Wintermute launches US broker-dealer
Wintermute said the registration allows the firm to position itself for the growth of tokenized securities in the US. Source：Cointelegraph
Following primary loss, crypto PACs invest $1.5M in 3 US state races
The Defend American Jobs and Protect Progress PACs reported spending more than $1.5 million on media for four House and Senate races ahead of Aug. 18 primary…
Bitcoin ETF inflows surge after Coldcard hack, but link is unclear: Bloomberg analyst
A weeklong streak of inflows into US spot Bitcoin ETFs has coincided with the Coldcard wallet exploit, fueling debate over whether some investors are shifting…
US appellate court mandate affirms Sam Bankman-Fried conviction
Three circuit judges disputed the former FTX CEO’s claims that the defunct crypto exchange’s investors could have been made whole and wouldn’t have experienced…
US Senate will vote on CLARITY crypto bill ‘without any question’ this week: Tim Scott
The South Carolina lawmaker who heads the Senate Banking Committee said that the majority leader still had time to put the crypto bill on the agenda despite…
Bitcoin miners’ AI pivot loses Wall Street’s wow factor
New analysis finds AI infrastructure contracts are becoming larger and more profitable, but investors now demand stronger execution before rewarding bitcoin…
Crypto for Advisors: Europe's crypto rules, U.S. Preview
You’re reading Crypto for Advisors, CoinDesk’s weekly newsletter that unpacks digital assets for financial advisors. Subscribe here to get it every Thursday.…
Step App winds down after four years as FITFI token sinks
Movetoearn project Step App will wind down services by Aug. 21 after four years, while its FITFI token trades 99.9% below its alltime high. Source：Cointelegraph
Blockchain.com wins Cayman custody license after MiCA and FCA approvals
Blockchain.com secured a VASP custody license from the Cayman Islands Monetary Authority, expanding its regulated crypto services in the region.…