The Senate shelved crypto’s market-structure bill for Russia sanctions and a nominations package. September lands weeks from a midterm election. Summary The Senate set the CLARITY Act aside this week to process a nominations package and a Russia sanctions bill, with Majority Leader John Thune declining to schedule floor action before the recess that begins
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Play-to-earn gaming is evolving beyond crypto rewards as developers prioritize sustainable economies, stronger gameplay, and long-term player retention. Summary Play-to-earn games are shifting toward gameplay-first models as developers focus on long-term sustainability over rewards.
The U.S. Senate confirmed former Securities and Exchange Commission Chair Jay Clayton as Director of National Intelligence on July 28 in a 51-47 party-line vote. Summary 51 senators confirmed Jay Clayton as intelligence director, while 47 opposed his nomination Tuesday evening. Clayton chaired the SEC when the agency filed its 2020 enforcement action against Ripple
Gate US joined BitGo’s Go Network Off-Exchange Settlement service on July 28, giving eligible institutional clients access to the exchange’s U.S. liquidity while their assets remain in custody at BitGo Bank & Trust, National Association. Summary Gate US clients can trade while assets remain segregated inside BitGo Bank and Trust custody. Ten named venues now
Myanmar’s combined Parliament approved the Anti-Online Scam Bill on July 28 after reconciling amendments adopted by its lower and upper chambers. Summary 10-year-to-life terms cover crypto scams and scam-centre operations under Myanmar’s published May draft legislation text. Parliament approved the bill July 28 after reconciling amendments previously adopted by both legislative chambers. Final text, presidential
ARK Invest’s director of digital assets research, Lorenzo Valente, said on July 28 that crypto is entering its deepest consolidation phase, with revenue and investment flowing toward fewer businesses. Summary Hyperliquid and Pump.fun generate 67% of application revenue, according to ARK researcher Lorenzo Valente’s analysis. ARK’s Q1 report recorded application revenue falling 23% quarter-over-quarter to
Open interest in perpetual contracts tied to stocks, metals and oil has doubled since late May as major crypto exchanges expand beyond digital assets, CryptoQuant reported. Summary TradFi perpetual open interest has more than doubled to over $2 billion since late May. Binance, Bybit and Gate control about 70% of the emerging derivatives segment. Crypto
Regional mediators are reportedly close to a proposal that could restart the US-Iran memorandum of understanding, although Tehran continues to deny seeking renewed talks with Washington. Summary Pakistan, Egypt and Qatar are reportedly pushing a plan to revive the US-Iran MoU. Iran and Oman have reportedly accepted a proposal addressing disputes over the Strait of
Florida Rep. Mike Haridopolos has renewed his push for the CLARITY Act as Senate delays narrow the bill’s path to passage before the August recess. Summary Haridopolos warned that continued delays could push US crypto businesses and investment overseas. Senate leaders prioritized 74 federal nominees and a Russia sanctions bill over the CLARITY Act. The
Michael Saylor has warned that changes to Bitcoin’s consensus rules pose a greater long-term threat than rival cryptocurrencies, governments, or external competition. Summary Saylor called internal rule changes Bitcoin’s “gravest threat” after the asset gained broad market recognition. He argued that consensus rules protect property rights, scarcity, settlement, and limits on power. Saylor said proposals
