Crypto News
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Bitcoin Faces Renewed Selling Pressure Ahead of Fed
Bitcoin’s Monday rebound was erased as spot and perpetual selling intensified, CryptoSlate reported. Large futures positioning remained in place, potentially magnifying the next market move ahead of the Federal Reserve.
CryptoSlate
CLARITY Act Keeps Procedural Path Open After Senate Setback
The CLARITY Act retains a procedural route after Senator Thom Tillis moved to reconsider a failed cloture vote. Crypto executives are divided over whether Congress has enough time remaining to advance the legislation.
Cointelegraph
Democrats 'Move the Goalposts' on Clarity Act Hours Before Key Senate Vote
Democrats are seeking further concessions on the Clarity Act before today’s 60-vote Senate test, while Republicans insist their latest text is final, Decrypt reports. The bill’s immediate outlook remains tied to negotiations.
Decrypt
Clarity Act Passage Odds Reverse as Democratic Opposition Weighs on Crypto Markets
Decrypt reports that the Clarity Act’s recent improvement in passage odds has fully reversed amid Democratic pushback. Crypto majors also retreated, leaving the bill’s prospects uncertain and markets focused on whether passage remains possible.
Decrypt
Wall Street’s Crypto Expansion May Continue Without the Clarity Act
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.
CoinDesk
Metaplanet CEO gives up $220 million in stock rights as company reassesses Bitcoin strategy
Metaplanet has reset its Series 10 stock acquisition rights, eliminating more than $220 million in warrant value and related compensation after concluding that later Bitcoin purchases created less value per share.
CryptoSlate
US Bank tests cross-border USBDC transfer between its North American and European entities
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.
CryptoSlate
Bitcoin Suisse plans to move up to half of Swiss jobs abroad
Bitcoin Suisse plans to move up to half of its Swiss jobs to lower-cost international hubs, according to Finews. The relocation would affect back-office functions as the firm expands its global wealth and asset management business.
Cointelegraph
Albuquerque Bans Bitcoin ATMs, Giving Operators 45 Days to Remove Them
Albuquerque has banned Bitcoin ATMs and ordered operators to remove them within 45 days. A councilor said 90% of crypto kiosk transactions in the city are tied to fraud and called the machines a conduit for crime.
Decrypt
Ripple Adds AI Agents to Its $1 Billion Corporate Treasury Initiative
Ripple is adding AI agents to a $1 billion corporate treasury initiative. The software can monitor cash, risk and forecasts and suggest financial actions, but human approval remains required for every decision.
CoinDesk
MoneyGram Rolls Out Visa Card Linked to Stablecoin Dollar Balances
MoneyGram is rolling out a Visa card that lets customers hold dollars and spend from a stablecoin-backed balance. CoinDesk reported the product, though no details were provided on supported stablecoins, markets, or timing.
CoinDesk
Nasdaq and Boerse Stuttgart Urge EU to Raise or Remove Tokenization Trial Cap
Nasdaq, Boerse Stuttgart and other coalition members want the EU to remove or raise the cap in its tokenization trial, saying the current limit is too low and already exceeded by some European projects.
CoinDesk