
Armstrong Says Crypto Gains Regulatory Clarity With or Without Clarity Act Vote
Coinbase CEO Brian Armstrong told CNBC that crypto will receive regulatory clarity whether or not the U.S. Senate passes the Clarity Act in its scheduled Sept. 15 vote.

Related news
Based on this story’s market and assets
Bitcoin ETFs Record $450 Million Outflow After Clarity Act Setback
U.S. spot bitcoin ETFs saw $450 million in outflows, their largest decline since June, after the Senate failed to advance the Clarity Act. Regulatory-sensitive tokens also fell sharply, CoinDesk reported.
Deutsche Bank seeks approval for institutional crypto custody launch
Deutsche Bank is awaiting regulatory approval to offer institutional custody for Bitcoin, Ether and select stablecoins. The German bank plans to broaden the service to tokenized assets after receiving clearance.
Ethiopia cuts Bitcoin miners’ power by 77% amid hydropower shortage
Ethiopia cut electricity for Bitcoin miners by 77% as lower reservoir inflows created a hydropower shortage. The state-owned utility is prioritizing households and manufacturers, despite miners generating 35% of its revenue last year.
Bitcoin Coinbase Premium Falls to One-Month Low as U.S. Demand Weakens
Bitcoin’s Coinbase premium fell to a one-month low as U.S. demand weakened. CoinDesk cited a setback for the Clarity Act and expectations of a Federal Reserve rate hike as additional pressures on BTC sentiment.
Bitcoin Coinbase Premium Falls to Monthly Low After CLARITY Act Vote
Bitcoin’s Coinbase Premium reached a monthly low after the US Senate voted against the CLARITY Act. Cointelegraph also reported BTC transfers to exchanges at an unrealized loss, indicating weaker US demand.