The Clarity Act has faced a new threat ahead of its Sept. 15 procedural vote, with Republican senators warning that the measure may lack the 60 votes needed to advance. Summary The Senate has scheduled a procedural vote on the Clarity Act for Sept. 15. Republicans need at least seven Democratic or independent votes if
Castle has opened its automated financial platform to individual users, allowing customers to convert any portion of the 12% annual dividend paid by Strategy’s STRC preferred stock into Bitcoin. Summary Castle users can receive STRC dividends in cash, Bitcoin, or a combination of both. STRC carries a 12% variable annual dividend rate for September record
Copper CEO Amar Kuchinad has left the crypto custody company four months into a sale process that reportedly values the firm at $500 million despite potential offers near $200 million. Summary Kuchinad has departed less than two years after taking over from Copper founder Dmitry Tokarev. Cantor Fitzgerald has been marketing the custody company with
With 38 active cases across 21 states, conflicting federal rulings over Kalshi have raised the risk that U.S. prediction-market access will fragment by location and trading venue, Kalshinomics co-founder Aaron Courtney has told crypto.news. Summary New Jersey has asked the Supreme Court to resolve opposing federal rulings involving Kalshi. Courtney said state restrictions could weaken
Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company. XRP derivatives experienced a rare 10,535% liquidation imbalance during the Labor Day period, a time typically characterized
Ethereum price traded below $2,500 on Sept. 8 as weak short-term momentum and uncertainty over the Federal Reserve’s next move kept the asset inside a narrow range. Summary Ethereum price traded near $2,475 after falling about 0.6% during the daily session. The 4-hour Bollinger Band midpoint at $2,485 has become immediate resistance. Liquidation clusters sit
Robinhood’s tokenized AMC product briefly traded far above the referenced stock during the U.S. Labor Day weekend, prompting a fresh test of whether activity on Robinhood Chain can move real equity markets. Summary Robinhood Stock Tokens provide economic exposure but grant holders no ownership or voting rights whatsoever. IOSG estimated tokenized AMC supply expanded nineteenfold
Banca d’Italia told Italian crypto-asset service providers on Sept. 7 to verify that every transfer passes through sanctions screening, regardless of its value. Summary Every crypto transfer must undergo sanctions screening, regardless of value, under existing European banking guidelines. Banca d’Italia told CASPs to verify screening systems contain no minimum transaction threshold configured internally. Firms
Shinhan Investment Securities has proposed allocating 2% of investment portfolios to digital assets as the traditional 60% stock and 40% bond strategy struggles to provide the diversification investors once expected. Summary Shinhan Investment Securities has proposed allocating 2% of investment portfolios to digital assets and 8% to alternative assets. The recommendation followed an analysis that
Sweden’s tax authority has ordered six crypto companies operating in Boden to pay nearly 540 million Swedish kronor (approx. $56 million) in additional taxes after finding that the firms used business structures to obtain tax benefits they were not entitled to. Summary Sweden has ordered six crypto firms operating in Boden to pay nearly SEK
