See the market, related assets, source and summary before opening a story so you can focus on what matters.
284 stories in this section
Cointelegraph reports that CLARITY Act passage odds have dropped to 16% as key Democrats reject the GOP’s final offer. Banking groups cite stablecoin reward loopholes, while tribal gaming interests oppose its prediction-market provisions.
CoinDesk reports that Wall Street’s crypto expansion may continue even if the Clarity Act fails. The bill could clarify rules for financial firms, but its defeat may slow institutional adoption rather than stop it.
Bernstein analysts say crypto markets have not fully priced in a potential Clarity Act surprise. Ethics changes and banking concessions have improved the bill’s prospects, but Democratic support remains uncertain.
Kaiko’s Series B funding round has reached $110 million, with S&P Global and BNP Paribas participating. The financing will support the company’s expansion into continuous market data services.
US tax payments due September 15 could draw on bank reserves before the Federal Reserve’s decision, creating another liquidity test for Bitcoin. Treasury spending and Fed tools may help cushion any pressure, CryptoSlate reports.
Goldman Sachs has dropped its forecast that the Federal Reserve will hold rates next week, becoming the last major bank to do so. CoinDesk frames the debate as increasingly focused on Wall Street rather than inflation.
Revolut exposed Bitcoin-related activity, passports, selfies and home addresses after accepting a fraudulent government request as legitimate. CoinDesk reported that no customer funds were lost in the incident.
US Bank tested a live USBDC payment on Stellar between its North American and European entities. The internal trial examined minting, redemption and issuer controls without involving outside participants.
UniCredit is reportedly developing a crypto custody service, according to Bitcoin Magazine. The move would add Italy’s second-largest bank to a group of European institutions exploring digital-asset services, although no launch or regulatory details were provided.
August core CPI rose 0.3%, faster than forecast, heightening concern that inflation remains too persistent and raising the possibility of a Federal Reserve rate hike. The report carries added significance after Kevin Warsh’s recent warning.
UniCredit is reportedly seeking an infrastructure partner to help launch crypto trading, custody and tokenized investment products, Cointelegraph reports. The bank has not identified a partner or disclosed a launch timeline.
Sam Bankman-Fried is seeking Supreme Court review of his FTX fraud conviction. His lawyers say he was barred from arguing customers lost nothing and describe the $11 billion forfeiture as a “crushing fine.”
