Why banks should stop worrying and learn to love the Clarity Act
They could be the biggest winners from regulatory clarity, argues Alex Tapscott, CEO of CMCC Global Capital Markets. Source：CoinDesk
Velocity extends Series A to $48M at $200M valuation with backing from Visa, Circle, and Ripple
The investment brings Velocity's Series A round to $48 million and values the Londonbased payments infrastructure firm at $200 million, CEO Eric Queathem said.…
Bitcoin gives back Monday's gain as Clarity Act odds fade on Polymarket
Bitcoin fell 1.7% since midnight UTC to $76,862, unwinding a late Monday rally as Polymarket odds on the Clarity Act becoming law this year halved overnight.…
How a simple coding mistake let a hacker drain $7.8 million from a crypto wallet
Security firms traced the $7.8 million loss to a helper contract the wallet owner had authorized, not to Safe itself. Source：CoinDesk
Hong Kong crypto exchange CoinEx to cease operations after 9 years in business
Founder and CEO Haipo Yang cited mounting security and compliance risks and said he rejected a sale in favor of a “clean ending.” Source：CoinDesk
XRP Ledger is one vote away from starting its next big payments upgrade
Batch V1.1 would let users bundle up to eight linked transactions into one operation, with 27 of 35 trusted validators now backing the change. Source：CoinDesk
U.S. DOJ seeks $61 million in what it calls Iran's crypto-laundered black market oil sales
Prosecutors have filed a civil forfeiture complaint against what they call Iran's illegal crypto proceeds that are used to fund its military. Source：CoinDesk
Democrats send counteroffer to Republicans over Clarity Act provisions
Democratic Senators were said to be meeting late Monday to discuss the latest proposed draft text. Source：CoinDesk
U.S. House panel shares crypto tax bill ahead of hearing later this week
The House Ways and Means Committee published a crypto tax bill addressing de minimis transactions, staking and other issues for which the industry's clamored…
Bitcoin slips to $77,800 as Senate Clarity Act vote nears and oil prices climb
Bitcoin pulls back from $79,000 as the Senate prepares to vote on the Clarity Act and oil prices rise. Source：CoinDesk
Even if Clarity fails, Wall Street’s crypto push is unlikely to stop
The Clarity Act could give banks, brokers and asset managers a clearer rulebook, but financial firms have already moved far enough into digital assets that…
SEC's Atkins backs Clarity Act but says agency will keep pushing crypto rules without it
The SEC chair said crypto issuance, transfer agent modernization and custody will form the backbone of the agency’s regulatory push. Source：CoinDesk