CLARITY Act News: Senate Vote and Crypto Regulation Outlook

In CLARITY Act news today, the Digital Asset Market Clarity Act remains a bill, not a law. Although the House passed it 294-134 in July 2025, the Senate had not held a floor vote or filed a cloture motion before setting the measure aside ahead of the August recess.  The Senate left Washington without voting on the crypto market-structure bill, narrowing the time available for action before the midterm elections.  Senate Majority Leader John Thune said the measure would go to the floor in September. Lawmakers are due back for a brief, roughly three-week session before leaving to campaign, leaving the bill to compete with other legislative priorities. The Senates next steps will show whether negotiators can resolve the dispute that has held up the legislation.  Now, prediction markets such as Kalshi are pricing in an 8% chance of the bill passing in September, down from 10% just yesterday. 54% of the $6.7M in volume in this market believe the bill will be passed by July 1, 2027.  Discover more  FINANCE  Investors  NEWS  (SOURCE: Kalshi)  CLARITY Act News: From House Passage to a Shelved Senate Bill  The House approved the CLARITY Act with substantial bipartisan support. The Senate Banking Committee later advanced its version, with two Democrats voting in favor,

2 دن پہلےانڈسٹری

Euro: Holds near 1.1670 against US Dollar as rate moves offset

Danske Research Team reports that EUR/USD remained little changed around 1.1670, with the chart showing only a modest pullback from overnight highs before a partial recovery. Lower US yields and softer oil prices weighed on the Dollar, but declining European rates limited the Euros upside, leaving the pair without a clear directional signal.  EUR/USD stays broadly stable despite softer US yields  “US yields and oil prices moved lower yesterday, with Brent falling below USD90, as rumours stirred that there might be renewed hope for diplomacy between the US and Iran. EUR/USD was little changed however, as European rates declined as well.”  Discover more  Merchant Services & Payment Systems  Digital Currencies  investors  “In the euro area, The German Ifo index rose by more than expected in August. The current assessment index rose to 88.5 (cons: 87.0, prior: 86.6) which is the highest level since 2024. Expectations rose to 89.1 (cons: 87.5, prior: 86.6) and are thereby almost back at the pre-war level.”  “The evidence of a clear rebound in the German economy is thus piling up, particularly driven by the manufacturing sector. We expect the rebound to continue going forward as orders are up markedly and fiscal policy supports activity.”  “In the US, consumer confidence weakened further in August, with

2 دن پہلےانڈسٹری

Boeing Lands $131 Billion F-15 Deal — Heres What It Means for BA Stock

Boeing has secured a massive new US military contracting vehicle worth up to $131.23 billion. This could potentially provide more than a decade of work for the aerospace giants F-15 fighter jet business.  The US Department of War awarded Boeing an indefinite-delivery/indefinite-quantity contract for the F-15 Eagle Crest program. It covers new aircraft production, systems integration, modernization, upgrades, retrofits, sustainment and depot maintenance. Work will primarily take place in St. Louis, Missouri, and could continue through August 2037.  (Source: US Department of War)  However, the headline $131 billion figure comes with an important caveat: it is the contracts ceiling, not money Boeing is guaranteed to receive.  Only $343,740 in fiscal 2026 research, development, testing and evaluation funding was obligated when the contract was awarded. Boeings eventual revenue will depend on orders placed under the agreement. The initial ordering period runs through August 2031, with an option to extend it to August 2036.  Why the contract matters for Boeing  The award arrives as Boeing tries to strengthen a defense operation that is growing but still faces profitability challenges.  Boeing Defense, Space & Security generated $7.48 billion in second-quarter revenue, up 13% year over year, but recorded a slight operating loss. Its defense backlog stood at roughly $85 billion

2 دن پہلےانڈسٹری

Zerohash files second OCC trust bank application

Zerohash submitted a second application for a U.S. national trust bank charter on Aug. 19, approximately one month after the Office of the Comptroller of the Currency returned its original filing.  The OCCs record lists the proposed institution as Zerohash National Trust Bank. It would be based in Asheville, North Carolina, and operate under a holding company structure if approved.  The regulator opened public comments on Aug. 18. Comments must arrive by Sept. 17, giving interested parties 30 days to respond. The public record currently lists the application as received. It does not show an approval, denial or other regulatory decision.  Zerohash narrows its second OCC application  The OCC received Zerohash‘s first charter application on March 2 and returned it on July 17. The agency’s public database does not explain which parts of the proposal prompted the return.  A returned application is not the same as a denial on its merits. It generally means the filing did not advance through the OCCs review process in its submitted form. The regulator assigned the second application a new control number and proposed charter number.  Zerohash previously said the initial return occurred “in coordination with the OCC” and was “not a substantive decision on the merits.” Those statements represent

2 دن پہلےانڈسٹری

US bank lobby wants stablecoin holders to open an account before cashing out

The American Bankers Association is pressing US regulators to require anyone who buys or redeems a payment stablecoin directly with its issuer to open an account and complete customer identification.  For a holder coming from self-custody, that would turn a direct cash-out into an issuer-onboarding event.  The Blockchain Association accepts identity checks for direct primary-market account customers but says an optional one-off redemption or a redemption routed through another regulated intermediary should not automatically make the underlying holder an issuer customer.  The disagreement surfaced in comments on a joint federal proposal for stablecoin issuer customer identification programs, known as CIPs.  The Federal Reserves public index lists the ABA comment as posted that day and the Blockchain Association comment as posted Aug. 24, alongside other R-1885 responses.  The agencies eventual choice will determine whether asking an issuer for dollars always opens an account or whether some holders can redeem without establishing that relationship.  The proposal leaves the cash-out boundary unresolved  The June proposal would require permitted payment stablecoin issuers to operate a CIP for customers who open accounts. A CIP is the account-opening process used to collect and verify a customers identifying information.  Directly issuing or redeeming payment stablecoins are among the activities the proposal says can establish an

2 دن پہلےانڈسٹری

Kalshi raises $1.12 billion after securing $22 billion valuation

Kalshi has raised about $1.12 billion through an equity offering since April, with a new U.S. securities filing showing roughly $380 million remains available under the nearly $1.5 billion offering.  SummaryKalshi has sold $1.12 billion in equity since April, according to an SEC filing.About $380 million remains available under the nearly $1.5 billion offering.The total may include Kalshis $1 billion Series F, which valued the company at $22 billion.Kalshi is reportedly discussing another $750 million raise at a $40 billion valuation.July trading volume reached about $40 billion, well above Polymarket and Polymarket US combined.  The Securities and Exchange Commission filing submitted on Aug. 25 shows Kalshi Inc. has sold $1.12 billion of equity since the first sale took place in April, providing a new figure for the prediction market operators fundraising during a year in which its private valuation and trading activity have climbed sharply.  Filed through Form D, the notice lists the total offering at nearly $1.5 billion and records about $380 million as remaining unsold. Form D is used by companies to report securities offerings that rely on exemptions from full SEC registration requirements.  The filing does not break down which financing rounds make up the $1.12 billion already sold. The Block,

2 دن پہلےانڈسٹری

WikiBit Exchange Exit Risk Ranking #9 — Deepcoin: Can El Salvador’s “Compliance New Clothes” Cover the Endless “Withdrawal Problems”?

Preface: A “Schrödinger‘s Compliance” Exchange  In previous episodes, we dug into HashKey (the “compliance top student”), HTX (a sanctions hotspot), UZX (a DAO penny-stock style project), Phemex (the Wall Street elite team), Tapbit (the MSB license “sticker collector”), and Upbit (South Korea’s national exchange). Todays subject is even more surreal — Deepcoin.  On paper, this platforms résumé looks impressive:  “Ranked third in CoinGecko‘s derivatives rankings,” “serving more than 10 million users,” “covering 30+ countries,” “COBO custody + bank-level security” — doesn’t that sound like the profile of a top-tier exchange? (Deepcoin)  But on the other side of the story:  WikiBit gives it a score of 6.67; Seychelles regulators allegedly issued a warning stating that they had “never received a license application from Deepcoin”; on Trustpilot, accusations such as “SCAM” and “fraud” appear frequently, while user complaints have reportedly increased in recent years, including withdrawal difficulties, account freezes, and high-volume trading traps.  Today, we will tear apart Deepcoin‘s surface packaging and conduct a complete analysis of the platform’s real security foundation from seven key dimensions.1. Regulatory Compliance: How Much Is the “Gold Content” of Deepcoins El Salvador BSP License Worth?  Deepcoin Compliance Status (Source: WikiBit)  El Salvador BSP: The “Compliance New Outfit” of 2026  In June 2026, Deepcoin made a

2 دن پہلےگہرا غوطہ

From a “European Established Compliant Exchange” to a “Withdrawal Hell”: Zondacrypto Collapse Exposes the Most Dangerous Illusion — A License ≠ Safety

As more and more small and mid-sized crypto exchanges disappear or collapse, many investors choose trading platforms based on a few simple questions:  Is it compliant?  Does it have a license?  How long has it been operating?  How many users does it have?  However, the widely discussed Zondacrypto collapse has taught the crypto industry a painful lesson:  The most dangerous exchanges are often not the small platforms that suddenly appear overnight — because users already know they look suspicious. The real danger comes from platforms hiding behind the image of “compliance, reputation, and a large user base.”  After BitMart and BitMEX, two once-established crypto exchanges that faced shutdowns and major controversies, the spotlight has now turned to Zondacrypto — a long-standing European exchange once considered a compliant industry player.  This means the worlds three major crypto markets — China, the United States, and Europe — have now all experienced major exchange failures.  But Zondacryptos collapse introduced a new and disturbing twist:  The founder allegedly disappeared years before the exchange collapsed.  The platform continued operating as usual for years. Only when the massive funding gap became impossible to cover did the second-in-command CEO also disappear.  This $650 million scandal, affecting tens of thousands of investors, has exposed major weaknesses in Europes crypto regulatory

2 دن پہلےگہرا غوطہ

Gemini plans to distribute crypto prediction markets through Apex brokerages

Crypto exchange Gemini and Apex Fintech Solutions have signed a non-binding letter of intent that would make Gemini Titan the exclusive regulated venue for crypto event contracts offered by brokerage firms through Apexs Futures Commission Merchant (FCM).  Under the proposed arrangement, participating brokerages would use Gemini for execution and clearing, giving Gemini a new distribution channel for its prediction-market business.  Apex provides trading and clearing infrastructure to hundreds of financial firms serving tens of millions of investors, according to the company. Gemini, meanwhile, has been building out its regulated prediction-market business since receiving approval by the US Commodity Futures Trading Commission to operate a designated contract market in December 2025 and clear derivatives in-house in April.  The companies already work together on stock trading, with Apex Clearing providing custody and clearing for Geminis zero-commission US equities offering launched in July.  The proposed partnership comes as prediction markets face mounting legal challenges at the state level in the US. Most recently, a Washington state judge ordered Kalshi to stop offering a broad range of event contracts in the state, rejecting the companys argument that federal commodities law preempts state gambling law.

3 دن پہلےانڈسٹری

Coinbase tokenized stocks go live on Base with Chainlink price feeds

Coinbases tokenized US stocks went live on Base Monday, alongside a Chainlink integration providing price data to support their use across decentralized finance applications.  Chainlink Data Feeds will provide continuous pricing for Coinbases tokenized stocks, including Nvidia, Apple, Meta and Alphabet. The data allows DeFi protocols to integrate the assets into lending markets, decentralized exchanges and structured products, including as collateral for borrowing.  According to Chainlinks documentation, the feeds value each token using the underlying stock price and a Coinbase-supplied multiplier that accounts for dividends and corporate actions.  The stocks are issued as B20 tokens natively on Base, Coinbases layer-2 blockchain, and are available to non-US users in eligible jurisdictions. Each token represents a direct claim on an underlying share held with regulated broker and custodian Alpaca under an Abu Dhabi Global Market-supervised structure, according to Base. The tokens can be held in self-custody wallets and traded around the clock.  Base said the stocks can be integrated with existing DeFi infrastructure, including using tokenized Nvidia shares as collateral for loans on Aave or supplying tokenized Apple shares to decentralized exchanges. More Coinbase tokenized stocks are expected to launch on Base in the coming weeks.  The news comes as the broader market for tokenized equities continues

3 دن پہلےانڈسٹری
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